President Biden announced earlier this week that there will be an additional release of crude oil from the Strategic Petroleum Reserve (SPR). The scheduled release of ten to fifteen million barrels of crude oil by the Biden Administration in December is the last of the one hundred eighty million barrels President Biden authorized in March […]
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On June 23rd, Energy Secretary Jennifer Granholm and other Biden administration officials met with top oil CEOs from Chevron, Phillips 66, BP, Shell and ExxonMobil. Last week, in a letter to several major refiners and oil companies, President Joe Biden called for industry giants to use “historically high” margins to help ease the pain at […]
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The Senate’s bipartisan infrastructure bill states that, $274 billion of the $550 billion in new spending is going towards transportation.
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In August 2020, the Trump Administration opened the Arctic National Wildlife Refuge (ANWR) in Alaska to oil drilling for the first time. The U.S. Department of the Interior believes that this area can be drilled in a responsible and sustainable manner only taking up 0.01 percent of the 19 million acres of wildlife refuge. At […]
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Last week, meetings were held at the White House with key Democratic and Republican senators discussing President Biden’s American Jobs Plan. President Biden has made it known that he is willing to narrow the scope of the bill, which is currently slated as a massive $2.3 trillion dollar proposal. By narrowing the scope of this […]
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