WASHINGTON (AP) -- President Barack Obama says oil companies are profiting from rising pump prices and he wants Congress to end $4 billion in annual tax breaks for the oil and gas industry....

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BING NEWS:
  • Big Oil and the Chamber plan to defend Biden’s climate law from Trump
    The U.S. Chamber of Commerce and the American Petroleum Institute have said they'd go to bat for the Inflation Reduction Act. Or at least the provisions they like.
    05/27/2024 - 9:59 pm | View Link
  • Crude Oil WTI (NYM $/bbl) Front Month
    2-Year U.S. Treasury Note Continuous Contract $101.480 0.023 0.02% 5-Year U.S. Treasury Note Continuous Contract $105.492 0.047 0.04% 10-Year U.S. Treasury Note Continuous Contract $108.766 0.063 ...
    05/27/2024 - 11:38 am | View Link
  • Labor’s push for gas is disheartening in today’s climate
    Then why is Labor promoting gas as a primary energy source for decades to come in its Future Gas Strategy? The extraction and use of gas is a major contributor to global warming. Surely ...
    05/25/2024 - 10:00 am | View Link
  • Oil Lobby Working With Republicans Behind-The-Scenes To Push ‘Gateway’ To Carbon Tax
    America’s leading oil and gas trade group is working behind the scenes with moderate House Republicans to push support for a bill that critics say could lead to a domestic carbon tax ...
    05/24/2024 - 8:13 am | View Link
  • Colombia Plans to Boost Oil Output With a Drilling Push
    Colombia is targeting oil output of 1 million barrels per day ... The Andean nation is also taking steps to boost natural gas output, as its projections point to a shortfall by the start of ...
    05/24/2024 - 1:30 am | View Link
  • More

 

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