Jacob Fischler, Idaho Capital Sun U.S. House Republicans passed a bill Friday to force the White House to make more federal land and waters available for oil and gas development if the president orders the withdrawal of more oil from the Strategic Petroleum Reserve. The bill, passed 221-205, mostly along …
Read More »Biden Administration Quietly Approves Huge Texas Oil Export Project
Dylan Baddour, Inside Climate News The Biden administration has approved plans to build the nation’s largest oil export terminal off the Gulf Coast of Texas, which would add 2 million barrels per day to the U.S. oil export capacity. The approval by the Department of Transportation’s Maritime Administration was filed …
Read More »In Attempt To Curb Gas Prices, Biden Will Release Oil From Emergency Reserve
Jacob Fischler, Georgia Recorder President Joe Biden will authorize the release of 15 million barrels of oil from the nation’s reserves on Wednesday, part of an effort to lower gas prices as polling shows concerns over inflation are likely to hurt Democrats in congressional elections next month. The release from …
Read More »Russian Energy Ban Passed By House
The House passed legislation late Wednesday that aims to ban Russian energy imports to the U.S. and give the president greater authority to sanction the Kremlin over the Russian invasion of Ukraine. The Suspending Energy Imports from Russia Act, which passed the House with a strong bipartisan vote of 414-17, would …
Read More »National Average Price Of Gas Hits $4 For First Time Since 2008
The national average price of gas in the U.S. broke the all-time record Monday, at $4.104 per gallon. The average price rose 49.1 cents per gallon from a week ago, according to GasBuddy. The previous record of $4.103 per gallon was set in 2008. This is the 10th week in …
Read More »US Investigators Recover Millions In Ransom Paid To Pipeline Hackers
The Department of Justice has recovered about $2.3 million in Bitcoin that was paid as ransom to hackers of Colonial Pipeline. The ransomware attack shut down the East Coast pipeline last month. East Coast pipeline paid a $4.4 million ransom to Darkside, a Russian-based cybercriminal group, to regain access to …
Read More »Biden Suspends Oil And Gas Drilling Leases In Arctic National Wildlife Refuge
President Joe Biden’s administration is suspending oil and gas drilling in Alaska’s Arctic National Wildlife Refuge. Former President Donald Trump activated the lease before leaving office. All activities were suspended in the Alaskan region on Tuesday by Secretary Deb Haaland until a comprehensive analysis about the impact of drilling is …
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