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Results found for "price of oil"


The White House is in scramble mode to avoid skyrocketing gas prices after OPEC+ announced it would be cutting millions of barrels of oil per day, but the Biden administration’s concern has nothing to do with sound policy or cheaper gas prices for the American people.
Published: Saturday, October 8th, 2022 @ 12:50 am By: Daily Wire
The White House is in scramble mode to avoid skyrocketing gas prices after OPEC+ announced it would be cutting millions of barrels of oil per day, but the Biden administration’s concern has nothing to do with sound policy or cheaper gas prices for the American people.
 
As energy and gas prices continue to be an issue across the country, the Biden administration’s handling of oil and gas leases has come under more scrutiny.
As energy and gas prices continue to be an issue across the country, the Biden administration’s handling of oil and gas leases has come under more scrutiny.
 
While President Joe Biden brags about reducing gas prices by releasing gigantic amounts of crude oil from the Strategic Petroleum Reserve (SPR), the crucial reserve has plunged to its lowest level of oil since May 1985.
While President Joe Biden brags about reducing gas prices by releasing gigantic amounts of crude oil from the Strategic Petroleum Reserve (SPR), the crucial reserve has plunged to its lowest level of oil since May 1985.
 
Democrat lawmakers are starting to blame Democrat President Joe Biden for high gas prices across the country that are threatening the party’s majorities in both chambers of Congress in the upcoming midterm elections.
Published: Sunday, July 31st, 2022 @ 1:28 pm By: Daily Wire
Democrat lawmakers are starting to blame Democrat President Joe Biden for high gas prices across the country that are threatening the party’s majorities in both chambers of Congress in the upcoming midterm elections.
 
Consumer prices climbed 8.3% last month from one year ago.
Published: Friday, May 13th, 2022 @ 4:00 pm By: Carolina Journal
Consumer prices climbed 8.3% last month from one year ago.
 
Despite the record high price of gas in the U.S., the Biden administration has announced it is canceling the sale of a massive oil and gas lease location in Alaska that was pending before the Department of the Interior (DOI).
Published: Friday, May 13th, 2022 @ 12:32 pm By: Daily Wire
Despite the record high price of gas in the U.S., the Biden administration has announced it is canceling the sale of a massive oil and gas lease location in Alaska that was pending before the Department of the Interior (DOI).
 
Even though gas prices now surpass $5 a gallon in many areas of the country, $4.13 in North Carolina, leaders from both sides of the aisle agree it’s time to cut off Russian oil.
Even though gas prices now surpass $5 a gallon in many areas of the country, $4.13 in North Carolina, leaders from both sides of the aisle agree it’s time to cut off Russian oil.
 
Russia is threatening to send the price of oil through the roof if the West cuts off Russian oil imports in response to the invasion of Ukraine.
Published: Sunday, March 13th, 2022 @ 8:14 pm By: Daily Wire
Russia is threatening to send the price of oil through the roof if the West cuts off Russian oil imports in response to the invasion of Ukraine.
 
The price of oil skyrocketed on Sunday as Democrat President Joe Biden’s administration is considering an embargo on Russian oil after Russia invaded Ukraine late last month.
Published: Friday, March 11th, 2022 @ 9:53 pm By: Daily Wire
The price of oil skyrocketed on Sunday as Democrat President Joe Biden’s administration is considering an embargo on Russian oil after Russia invaded Ukraine late last month.
 
At –$36.73 a barrel, oil turned into negative territory for the first time in history.
Published: Wednesday, April 22nd, 2020 @ 5:29 pm By: LifeZette
At –$36.73 a barrel, oil turned into negative territory for the first time in history.
 
If the supply of oil goes up, the price of oil and gasoline falls
If the supply of oil goes up, the price of oil and gasoline falls
 
If the supply of oil goes up, the price of oil and gasoline falls
If the supply of oil goes up, the price of oil and gasoline falls
 
North Carolina's plans for offshore energy exploration are likely to face delays linked to an "oil price war" led by Saudi Arabia. That's the assessment of a New Mexico-based energy expert who once consulted for one of the major oil companies.
North Carolina's plans for offshore energy exploration are likely to face delays linked to an "oil price war" led by Saudi Arabia. That's the assessment of a New Mexico-based energy expert who once consulted for one of the major oil companies.
 
As of this writing, the price of gasoline in the Raleigh area has reached lows of below $2.10 a gallon, and many states are seeing prices well under $2.00. Globally, in the last year, the per barrel price of oil has fallen from over $100 a barrel to about $45 with the arrow still pointing downward.
As of this writing, the price of gasoline in the Raleigh area has reached lows of below $2.10 a gallon, and many states are seeing prices well under $2.00. Globally, in the last year, the per barrel price of oil has fallen from over $100 a barrel to about $45 with the arrow still pointing downward.
 
In the President’s Weekly Address on March 10, 2012, Barack Obama stated, “You and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when we consume 20% of the world’s oil.
In the President’s Weekly Address on March 10, 2012, Barack Obama stated, “You and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when we consume 20% of the world’s oil.
 

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