Retail diesel prices hit a fresh record high of $5.557 per gallon on Thursday, according to the American Automobile Association (AAA). The cost of a gallon of diesel has been up 1.5 percent over the last week. Retail diesel prices are also 10.5 percent higher than a month ago. Several states are seeing diesel prices…
Higher Gasoline Prices Flatter US Retail Sales; Consumers Remain Resilient
WASHINGTON—U.S. retail sales increased solidly in March, boosted by record-high gasoline prices, but consumers are starting to feel the pinch of high inflation, with online spending posting back-to-back declines for the first time in more than a year. The report from the Commerce Department on Thursday, which also showed stronger retail sales growth in February…
Police Departments Report Spike In Gas Thefts Amid Rising Fuel Prices
With sharply rising gasoline prices come nefarious methods criminals use to avoid the pain at the pump. Several police departments in the United States and Canada report an increase in so-called drive-off gasoline thefts. In some cases, tools were used to puncture and drain gas tanks. “We put out some social media recently warning people that…
Police Departments Report Increase in Gas Thefts as Fuel Prices Soar
Criminals are resorting to nefarious methods to avoid the pain of sharply rising gasoline prices. Police departments across the United States and Canada are recording an increase in so-called drive-off gasoline thefts. In some cases, tools were used to puncture and drain gas tanks. “We put out some social media recently warning people that we are…
Gasoline Prices Taper Off, Could Rise Again
Many areas are reporting marginally lower gas prices or flat gas prices over the weekend, following a stratospheric rise in fuel costs resulting from long-developing trends in the oil industry and the impacts of the Russo-Ukrainian war on the global fuel supply. Meanwhile, the Philadelphia Enquirer reported that gas was down one cent per gallon…
‘Approve Our Permits’: US Oil Industry Responds After Biden Cuts Imports From Russia
March 8, 2022
admin
Business & EconomycommoditieseconomyExecutive BranchgasolineMarketsNational SecurityOilPoliticsPutinRussiaUSUS News
0 Comment
On Tuesday, while President Joe Biden announced a ban on Russian oil and gas imports, regular gasoline at one BP on Chicago’s South Side was nearly $5.00 a gallon. “$25 is only giving you half a tank,” said Dacia, who was buying a few dollars of fuel. “I probably have to go to Indiana to…
Brazil Government Appoints Rodolfo Landim to Chair Petrobras Board
HOUSTON—Brazil’s government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer’s board, the company said in a filing on Saturday night. Earlier in the day, Admiral Eduardo Bacellar Leal Ferreira told Reuters he planned to step down as chairman of Petroleo Brasileiro SA, as the Rio de Janeiro firm is formally…
Canadian Premier Says Biden Should Opt for Oil From His Province Over Saudi Arabia, Venezuela
Alberta Premier Jason Kenney says the United States should be seeking his province’s oil instead of getting it from Saudi Arabia and Venezuela. Responding to a report by Axion that U.S. President Joe Biden may travel to Saudi Arabia in the coming months to request more oil amid the Russia-Ukraine crisis, Kenney said he would…
EXCLUSIVE: ‘Most Unfavorable Political and Regulatory Environment for Our Industry I Have Ever Seen’: U.S. Oil & Gas Assoc. Chief
February 14, 2022
admin
bidenConocoPhillipsdebankingeconomyEIAEnvironmentESGExxon MobilgasolineKeystone XL pipelineOilPermian BasinPolicies & ImpactsPoliticsScienceshaleshellThe Epoch Times Featured ArticlesUncategorizedUSUS NewsWall Street
0 Comment
In exclusive comments to The Epoch Times, Tim Stewart, the president of the U.S. Oil & Gas Association, said his industry has faced unprecedented hostility from D.C. under the Biden administration. “In my 30 years of working in Washington, this has without a doubt been the most unfavorable political and regulatory environment for our industry…
EXCLUSIVE: ‘Most Unfavorable Political and Regulatory Environment for Our Industry I Have Ever Seen’ Says US Oil & Gas Assoc. Chief
February 14, 2022
admin
bidenConocoPhillipsdebankingeconomyEIAEnvironmentESGExxon MobilgasolineKeystone XL pipelineOilPermian BasinPolicies & ImpactsPoliticsScienceshaleshellThe Epoch Times Featured ArticlesUncategorizedUSUS NewsWall Street
0 Comment
In exclusive comments to The Epoch Times, Tim Stewart, the president of the U.S. Oil & Gas Association, said his industry has faced unprecedented hostility from D.C. under the Biden administration. “In my 30 years of working in Washington, this has without a doubt been the most unfavorable political and regulatory environment for our industry…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`