Biden admin cancels oil and gas lease sales in Gulf of Mexico and Alaska
The Biden administration has canceled plans to auction off oil and gas drilling rights in three regions of the U.S.…
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Gasoline hits new (unadjusted) record
The national average price of a gallon of gas hit $4.37 on Tuesday, a new record unadjusted for inflation but…
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Big Oil posts big profits, big payouts for shareholders
Years of fracking for oil and gas in the Permian Basin have put Texas on the verge of on pace…
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Big Oil defends shareholder benefits, high gasoline prices
Big Oil executives tried to defend high gasoline prices, record profits, and stock buybacks and shareholder dividends before the House…
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Biden admin rolls out stronger gas mileage requirements
The Biden administration released new standards for average fuel economy standards for most passenger vehicles on Friday, targeting one of…
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Biden pumps unprecedented SPR oil into market to drive down prices
President Biden announced the U.S. will release 1 million barrels of oil from the Strategic Petroleum Reserve every day for…
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Oil and gas profits not trickling down to workers
Publicly traded oil companies are keeping prices high to keep their shareholders happy, but the workers doing the drilling aren’t…
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Fed court denies Exxon’s attempt to halt climate change investigations
Exxon Mobil has been trying to sue the attorneys general of New York and Massachusetts, who are investigating whether the…
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Oil execs making a killing off Russian war on Ukraine
The Russian invasion of Ukraine has been great for at least five oil and gas executives, a new report shows.…
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Choice of climate action or gas and oil confronts Biden as industry fights over building codes
As Republicans and the oil and gas industry (falsely) blame the Biden administration’s efforts to address climate change for contributing…
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