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“Saudis may boost oil output as Biden backs MBS immunity from Khashoggi suits: report” Saudi Arabia and other OPEC members are reportedly considering a boost in oil production just days after the Biden administration said it favors shielding Saudi Crown Prince Mohammad bin Salman from civil litigation related to the killing of journalist Jamal Khashoggi….
“CEOs fixing Biden’s Saudi oil mess because he won’t” Some of Wall Street’s top CEOs spent the last week on a diplomatic mission to Saudi Arabia. It wasn’t touted as diplomacy, of course. The financiers who attended the Future Investment Initiative in Saudi Arabia, known as “Davos in the Desert,” are a well-scripted bunch who…
“Biden begs OPEC for oil for political preservation — after kneecapping America’s energy industry” For the third time in fewer than eight months, Saudi Arabia has deliberately humiliated President Joe Biden on the world stage. Biden, lauded as a preeminent foreign-policy expert after a half-century in the Senate, couldn’t get the Saudis to answer his…
“#Biden acts much more like Putin’s puppet than Trump ever did” Back in 2017, Walter Russell Mead wrote: If Donald Trump “were the Manchurian candidate that people keep wanting to believe that he is, here are some of the things he’d be doing: Limiting fracking as much as he possibly could Blocking oil and gas…
“#Biden faces inflation fiasco — but won’t admit he caused it” It’s quite a spectacle watching people who credit Democrats with every job created and every percentage point gained in economic growth suddenly arguing that the White House is completely powerless in the face of our current economic predicament. Presidents generally get far too much…
“#Joe Biden just reminded the nation why the Green New Deal is just not feasible” On Monday, the UN Intergovernmental Panel on Climate Change ordered a “code red,” releasing a “landmark” report warning that global warming was an existential threat to humanity, “unequivocally” blaming humans and demanding rapid action to cut greenhouse-gas emissions. “What the…
“#Kneecap US oil but beg OPEC to pump more” President Joe Biden’s latest policy push has us doing not just a double take but a triple take: The man who’s put roadblock after roadblock in the way of North American energy companies in pursuit of his vow to decarbonize the US economy is . ….
“#Oil prices plunged more than $4 a barrel amid COVID-19 fears” Oil prices plunged more than $4 a barrel on Monday, headed for its worst day since March, after OPEC+ agreed to boost output, stoking fears of a surplus as rising COVID-19 infections in many countries threaten demand. Crude oil’s year-long surge has been sputtering…
“#Gas prices hits record $3.15 a gallon amid oil price surge” Americans are paying an average of $3.15 per gallon for gas — the most in seven years — as the economy reopens and people hit the road in droves. At $3.147 a gallon, the average national price of regular unleaded gasoline is now nearly…
“#US oil prices at six-year high after OPEC fails to reach deal” US oil prices jumped to six-year highs Tuesday after OPEC failed to reach a deal on oil production — raising concerns that output could fail to keep up with surging demand. Futures for West Texas Intermediate, the main US oil benchmark, advanced 1.3…