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Oil and Gas

Joe Biden Just Made It More Expensive To Drill On Public Lands

by James Odonell
Joe Biden Just Made It More Expensive To Drill On Public Lands

President Joe Biden’s administration on Friday finalized a new rule to modernize the long-outdated federal oil and gas leasing program. The Interior Department rule significantly increases how much energy companies …

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Categories Politics

WTI, Brent rise as Israel braces for Iran attack

by Milton Acorn
WTI, Brent rise as Israel braces for Iran attack

File photo of Israeli F-16 fighter jets performing during an air show over the beach in the Israeli coastal city of Tel Aviv on May 5, 2022. Jack Guez | …

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Categories Science

WTI, Brent slip as focus shifts to inflation

by Milton Acorn
WTI, Brent slip as focus shifts to inflation

The price of gas is displayed at a gas station on January 23, 2023 in Miami, Florida. Joe Raedle | Getty Images Crude oil futures fell on Thursday as worries …

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Categories Science

Oil gains after Israel threatens Iran

by Milton Acorn
Oil gains after Israel threatens Iran

Iranian people are standing in front of an anti-U.S. and anti-Israeli banner during a rally commemorating International Quds Day, also known as Jerusalem Day, and attending a funeral for members …

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Categories Science

WTI lower after Israel sets Rafah offensive date

by Milton Acorn
WTI lower after Israel sets Rafah offensive date

Israeli Defence Minister Yoav Gallant (L) visit the troops participating in Gaza Strip and made a situation assessment with the commanders in Rafah, Gaza on March 13, 2024. Ariel Hermoni …

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Categories Science

WTI, Brent fall as market braces for Iran retaliation

by Milton Acorn
WTI, Brent fall as market braces for Iran retaliation

Iranian attend the funeral procession for seven Islamic Revolutionary Guard Corps members killed in a strike in Syria, which Iran blamed on Israel, in Tehran on April 5, 2024.  Atta …

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Categories Science

Trump’s Second-Term Blueprint Would Take A Wrecking Ball To Public Lands

by James Odonell
Trump’s Second-Term Blueprint Would Take A Wrecking Ball To Public Lands

When it was time to outline their vision for managing America’s federal lands under a future Republican presidency, pro-Donald Trump conservatives turned to a man who has spent his career …

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Categories Politics

U.S. oil touches $87, on pace for weekly gain as Israel closes embassies over Iran threats

by Milton Acorn
U.S. oil touches , on pace for weekly gain as Israel closes embassies over Iran threats

People walk past a graffiti, depicting a Houthi fighter stopping an Israeli ship off the coast of Yemen, painted on a wall of the Saudi embassy in Sanaa, Yemen February …

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Categories Science

U.S. crude oil hovers around $85 as traders take stock of rally

by Milton Acorn
U.S. crude oil hovers around  as traders take stock of rally

A flare stack burns beyond oil storage tanks at the Taneco Oil Refining and Petrochemical complex, operated by Tatneft PJSC, in Nizhnekamsk, Tatarstan, Russia, on March 5, 2019. Bloomberg | …

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Categories Science

The rally in oil cannot be ignored — here’s what it means for stock market investors

by Milton Acorn
The rally in oil cannot be ignored — here’s what it means for stock market investors

U.S. oil prices have climbed to their highest level since late October, as the rally in the key commodity becomes something equity investors cannot afford to look past. West Texas …

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Categories Science
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