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President Biden Demands a Federal Investigation of Oil Companies over Price Increases
President Joe Biden has asked the Federal Trade Commission to investigate whether the oil and gas industry is responsible for the recent sharp increases in gasoline prices.
Gulf of Mexico Oil and Gas Production Provides Jobs, Benefits the Economy, Says Study
A new study estimates oil and gas development in the Gulf of Mexico supported 345,000 jobs in the United States and contributed $28.7 billion to the nation’s economy in 2019.
Biden Urges OPEC to Increase Its Oil Output to Offset Rising Prices
The Biden administration has asked the Organization of Petroleum Exporting Countries to substantially increase oil production in and exports from its member states in an attempt to stem rapidly rising U.S. fuel prices.
Biden Gears Up for Renewed Fight Against Oil and Gas
A federal judge has ruled the Biden administration must resume allowing oil and gas leasing on federal land and waters, but the administration is saying it will not go down without a fight.
CLEAN Future Act Seeks to Classify Water Used in Oil and Gas Production as...
Rep. Frank Pallone (D-NJ) introduced the Climate Leadership and Environmental Action for our Nation’s Future Act in March. The bill contains a provision that could make most oil and gas wells too expensive to operate, forcing them to close.
OPEC and Big Oil’s New Best Friend, Joe Biden
The price of oil surged to $75 a barrel the other day under President Joe Biden's green energy policies. The price was as low...
EPA Finds Greenhouse Gas Emissions Continue to Decline as Oil, Natural Gas Production Soars
The U.S. Environmental Protection Agency’s 2021 Greenhouse Gas Inventory , released in early April, revealed total greenhouse gas emissions in the United States decreased by 1.7 percent from 2018 to 2019.
COVID-19 and Lockdown Response Drive Largest Historical Drop in U.S. Oil Production
The U.S. Department of Energy reports oil production in the United States fell by eight percent in 2020, the largest single year decline in U.S. history.
Fourteen States Sue to Overturn Biden Administration’s Federal Oil and Gas Leasing Moratorium
Attorneys General representing 14 states sued the Biden administration over its decision to pause the issuance of new leases for oil and gas production on federal lands and waters.
President Biden Backtracks on Oil and Gas Pledge, Rescinds Existing Drilling Permits
The U.S. Department of Interior, now under the control of new President Joe Biden, has revoked 70 oil and gas drilling permits approved in the waning days of the Trump administration.