U.S. Crude Soars Above $130 a Barrel
Oil prices surged higher on fears of sanctions against Russian energy.
Oil - Page 15
National Gas Price Average Reaches $4 per Gallon for First Time Since 2008
The national average price for a gallon of gas has skyrocketed to $4.00 – the highest national average in nearly 14 years.
Jayapal: Gas Prices Will Go Up ‘No Matter What’ and We Need to Move Off Fossil Fuels
On Saturday’s broadcast of MSNBC’s “Cross Connection,” Congressional Progressive Caucus Chair Rep. Pramila Jayapal (D-WA) argued that we have to move off of fossil fuels so we’re “free of the ability of dictators to blackmail us over oil and gas,”
Rubio: Biden Isn’t Sanctioning Russian Oil Because Russia’s Mediating Iran Deal
On Friday’s “Hugh Hewitt Show,” Sen. Marco Rubio (R-FL) stated that the Biden administration isn’t sanctioning Russian oil in part because they’re relying on Russia to mediate a deal with Iran. Host Hugh Hewitt asked, “The president will not sanction
McCarthy: Biden’s Working with Russia ‘To Bring Iranian Oil Back in’ with Iran Deal
On Friday’s broadcast of the Fox News Channel’s “Jesse Watters Primetime,” House Minority Leader Rep. Kevin McCarthy (R-CA) stated that he believes the Biden administration is trying “to bring Iranian oil back in” with the Iran deal negotiations. McCarthy said,
GOP Rep. Steube: If Pelosi, Senate Dems Are Serious about Banning Russian Oil, Let’s Have a Vote on Monday and Put it on Biden’s Desk
On Friday’s broadcast of the Fox News Channel’s “Fox & Friends First,” Rep. Greg Steube (R-FL) reacted to House Speaker Rep. Nancy Pelosi (D-CA) expressing support for banning the importation of Russian oil by stating that if Pelosi is serious,
Dem Rep. Houlahan: Biden Hasn’t Explored All Options to Lower Gas Prices, ‘We Are Complicit’ in Russia’s Actions by Buying Their Oil
On Friday’s broadcast of CNN’s “The Lead,” Rep. Chrissy Houlahan (D-PA) stated that “by our purchasing of Russian oil and gas, we are complicit in what’s happening to the Ukrainian people” and that because the Biden administration hasn’t looked at
API Slams Biden’s SOTU Promise to Lower Energy Costs While Throttling Domestic Oil Production: ‘Unacceptable,’ Not What Americans Want
An API official said on a call Thursday that Biden claims he wants to lower energy costs whle throttling domestic oil production.
Gas Prices Go Parabolic, National Average Jumps to $3.84 as U.S. Oil Jumps Above $115 a Barrel
Hey Joe: What did you say about cutting our costs?
Labor Sec’y Walsh: Increasing Oil Drilling ‘Hasn’t Been’ on the Table at White House
On Friday’s broadcast of the Fox Business Network’s “Varney & Co.,” Labor Secretary Marty Walsh said that increasing domestic oil drilling hasn’t been on the table in the White House, but will “have to be a conversation.” Host Stuart Varney
U.S. Rig Count Frozen Despite 14-Year High Oil Prices
Zero new rigs were added this week despite soaring oil prices.
Report: Shell Buys Russia’s Urals Oil at Record Discount
The deep discount shows how wary global markets are of Russian oil. But the sale indicates that some demand remains, particularly if the price falls low enough.
Joe Biden Readies Plan to Revive Nuclear Deal with Iran as Oil Spikes
Deputy State Department spokeswoman Jalina Porter told reporters on Thursday there was “significant progress” in the negotiations with Iran.
Klain: Sanctioning Russian Oil Would Hurt Unity That’s Made ‘the Sanctions Work’
On Thursday’s “Pod Save America,” White House Chief of Staff Ron Klain argued that sanctioning Russia’s oil and gas would make it difficult to keep the coalition the U.S. has assembled to sanction Russia together, and “The unity is what
GOP Sen. Sullivan: If Ukrainians Can Stand up to Russia, Biden Can Stand up to Left on Energy Production
On Thursday’s broadcast of the Fox News Channel’s “America Reports,” Sen. Dan Sullivan (R-AK) argued that if Canada can ban imports of oil from Russia and if citizens in Ukraine can stand up to Russian tanks, President Joe Biden can
Shaheen, Warner: Oil Companies Need to Increase Production, They’re Sitting on Oil to Increase Price
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sens. Mark Warner (D-VA) and Jeanne Shaheen (D-NH) argued that oil companies are not producing as much as oil as they could to keep the price high and these companies need to increase
Menendez: We Should Stop Importing Russia’s Oil, Up to Biden to Decide if He Wants to Drill More
On Thursday’s broadcast of MSNBC’s “MTP Daily,” Senate Foreign Relations Committee Chairman Sen. Bob Menendez (D-NJ) said he thinks the U.S. should impose an embargo on Russian oil, but whether U.S. oil production should be increased to make up for
Feds’ Annual Energy Outlook Report: Oil, Gas ‘Most Consumed Sources of Energy in U.S. Through 2050’
The EIA released its Annual Energy Outlook 2022 on Thursday that concluded that oil and gas will be the most consumed energy through 2050.
White House Opposes Ban on Russian Oil Imports; Urges World to Reduce Reliance on Oil to Punish Vladimir Putin
White House press secretary Jen Psaki reacted to calls for the United States to stop importing oil from Russia in order to further punish Putin for escalating his invasion of Ukraine.
Carney: Russia Got Canceled and China Got the Benefit
This week saw the introduction of a new phenomenon in international relations: canceling an entire country. But the global effort to cancel Russia is a big boon to the communists who still rule China.
Ortiz: JCN’s Times Square Billboard Urges Biden to Reject Russian Oil amid Ukraine Invasion
Job Creators Network CEO Alfredo Ortiz said Wednesday on Fox Business Network’s “Varney & Company” that his organization put up a billboard in Time Square urging President Joe Biden to stop Russian oil imports.
House Armed Services Chair Smith: If We’re ‘Really Standing with Ukraine,’ We Should Ban Russian Oil Imports
On Wednesday’s broadcast of CNN’s “The Lead,” House Armed Services Committee Chairman Rep. Adam Smith (D-WA) said he supports banning imports of oil from Russia and that “we’ve got to be ready for the fact that will drive up oil
Trump: Oil Prices Could Go to $200 Per Barrel — ‘They’re Going Unlimited’
During a phone interview with Fox Business Network’s “Mornings with Maria,” former President Donald Trump suggested oil could go up to $200 a barrel.
Oil Prices Climbed Higher During Biden’s State of the Union
President Biden said his policies would “blunt” high gas prices. The oil market does not think that’s going to work.
Small Business Owner on Biden’s Policies: Supply Cost up 600%, Electricity 20% Higher
A small business owner in Pennsylvania spoke to reporters about the struggles of operations like his under the Biden presidency.
Manchin: We Need to Lead by Banning All Imports from Russia, We Need to Produce Energy ‘More Now Than Ever’
On West Virginia MetroNews’ “Talkline with Hoppy Kercheval” on Tuesday, Sen. Joe Manchin (D-WV) called for a ban on all products from Russia, including petroleum products, in order for the U.S. to lead by example in pressuring Russia, argued that
U.S. Oil Price Surges Near $107 a Barrel, Highest Since 2014
A big surge despite the announcement of a big strategic reserve release.
Buttigieg on Drilling to Lower Gas Prices: We’re Engaging in Diplomacy to Increase Global Production, We’re in Transformation Away from Oil
During an interview with CBS on Monday, Transportation Secretary Pete Buttigieg responded to a question on whether the administration believes the U.S. should drill for more oil to deal with high gas prices by stating that President Biden has taken
NPR: Lifting Sanctions Against Iran’s Oil Flow Could Lower Energy Prices for Americans
NPR suggested that if the U.S. lifting sanctions on Iran’s oil operations it could help lessen the cost of energy for U.S. consumers.
Latin America’s Communist Axis Rallies Around Vladimir Putin
The Communist Party of Cuba, the Sandinista dictatorship of Nicaragua, and socialist Venezuela have expressed effusive support for Russia and its “legitimate security” interests in the past week in response to Vladimir Putin’s decision to begin a full military assault on Ukraine.
Alaska Gov. Dunleavy: Our Oil Is Cleaner Than Russia’s, We Can Supply Ourselves and Allies, ‘If We’re Allowed to’ by Biden
On Monday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Alaska Gov. Mike Dunleavy (R) stated that Alaska is ready to do its part in helping the U.S. reduce its dependence on foreign energy if the Biden administration
Gasoline Prices Jump, Oil Soars as Ukraine Sanctions Intensify
Oil prices surged as fighting continued in Ukraine.
Conservatives Rip Democrat Brad Sherman for ‘Begging’ Saudi Arabia to Produce More Oil
Rep. Brad Sherman (D-CA), who boasted of his push to ban domestic oil and gas drilling in 2019, suffered a major backlash online after he called upon the government of Saudi Arabia to supply “more oil” or be held accountable for the deaths of Ukrainians.
Dem Rep. Sherman: Sanctioning Putin Directly Is an Ineffective P.R. Move, We Won’t Boot Russia from SWIFT Because We Want Their Oil
During an interview with MSNBC on Saturday, Rep. Brad Sherman (D-CA) stated that the personal sanctions the Biden administration has levied against Vladimir Putin and other Russian officials are a P.R. move that won’t make a difference in Russia’s actions,
Issa on Biden Sanctioning Putin: ‘You Have to Stop Buying His Oil,’ and Sanctions Don’t Undo Slaughter
On Friday’s broadcast of the Fox Business Network’s “Fox Business Tonight,” Rep. Darrell Issa (R-CA) reacted to the White House’s announcement that they will impose personal sanctions on Putin by stating that “sanctions don’t work after somebody’s done something. You can’t
Scalise: Biden’s Sanctioning While ‘Putin’s Pocketing Tens of Billions of Dollars’ Thanks to Biden Energy Policies
On Friday’s broadcast of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” House Minority Whip Rep. Steve Scalise (R-LA) stated that President Joe Biden’s sanctions against Russia have been late reactions after allowing “Putin to move for months” and denying
Russia to ‘Sanction’ West for Opposing Ukraine Invasion
Russia’s state-run Sputnik News reported on Friday that Moscow is preparing ostensibly devastating retaliatory sanctions that will be “well-calculated and painful for the American side.”
Green New Inflation: U.S. Producers Add Rigs At Sluggish Pace Despite Soaring Oil Prices
Still stung by the last boom and bust cycle, and wary of Green New Deal-style anti-fossil fuel rules, U.S. oil producers remain hesitant to expand production.
Josh Hawley to Biden: ‘Open It Up!’ Turn on Domestic Energy Production
Rep. Josh Hawley said that instead of shutting down domestic production of oil and gas, President Biden should ramp up fossil fuel operations across the country.
Van Hollen: Have to Be Less Reliant on Oil, Gas ‘Over Time,’ Because Russia Has ‘Important Share’ of Market, Don’t Regret Axing Keystone
On Thursday’s broadcast of the Fox News Channel’s “Your World,” Sen. Chris Van Hollen (D-MD) said that he doesn’t regret the shutdown of the Keystone XL pipeline, argued that “slower oil and gas production here had nothing to do with President Biden’s policies.” And said that while oil and gas production will continue as they should, “we also need to do what President Biden wants to do, which is, over time, reduce our reliance on oil and gas. Because, obviously, it’s a world market. … Russia has an important share of that.”
