White House press secretary Jen Psaki dismissed Senator Tom Cotton’s (R-Ark.) calls for boosting domestic oil production as a response to Russia’s invasion of Ukraine, calling it a “misdiagnosis” in an interview with ABC News. A video clip featuring Cotton was played during the program, in which the lawmaker argued for cracking down on the…
Boosting Domestic Oil Production to Counter Russia a ‘Misdiagnosis’: Psaki
February 28, 2022
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Business & Economyeconomic policieseconomyExecutive BranchJen PsakiKeystone PipelineMarketsPolicies & ImpactsPoliticsRussia Ukraine invasionRussian oilSen. Tom CottonUSUS News
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European Gas Prices Fall 30 Percent, Russia’s Gazprom Signals Uninterrupted Deliveries
February 25, 2022
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Business & EconomycommoditieseconomyEuropeMarketsRussia-Ukraine Warrussian gasRussian oilRussian supplier GazpromWorld
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European gas prices, which aggressively rose on Thursday, fell on Friday as Russian energy giant Gazprom indicated that gas exports are continuing without interruptions despite the turmoil created by Moscow’s invasion of Ukraine. Dutch TTF Gas Futures March contract closed at 134.316 euros on Feb. 24, jumping up 51.1 percent from the previous day’s close…
US Reliance on Russian Oil Surges to Record Highs Amid Tensions
WASHINGTON—Russian oil imports have set a new record in the United States despite the strained relationship between Washington and Moscow. Industry experts believe the Biden administration’s climate policies will make the country more dependent on foreign oil producers. The United States imported record levels of crude oil from Russia in March and is expected to…
US Reliance on Russian Oil Surges to Record High Amid Tensions
WASHINGTON—Russian oil imports have set a new record in the United States despite the strained relationship between Washington and Moscow. Industry experts believe the Biden administration’s climate policies will make the country more dependent on foreign oil producers. The United States imported record levels of crude oil from Russia in March and is expected to…
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