WASHINGTON (AP) — Oil and gas companies will have to pay more to drill on federal lands and satisfy stronger requirements to clean up old or abandoned wells under a final rule issued Friday by the Biden administration. The Interior Department's rule raises royalty rates for oil drilling by more than one-third, to 16.67%, in []
Oil and gas companies will have to pay more to drill on public lands and satisfy stronger requirements to clean up old or abandoned wells, according to a final rule issued Friday by the Biden administration.
Stay with us here — think about chicken parts. Higher demand for white breast meat means an excess of chicken legs.
SALISBURY, Md – Like most Americans, Salisbury University student Anthony Marzullo has been feeling the rise in gas prices where it really hurts: his wallet. “Today, I just came from a class that I had. I came right and I was dreading it. I was like, ‘got to pay another $20, $30 to get half of what I usually get,'”
The Interior Department released a new regulation Friday that will affect 13 million acres in Alaska, prohibiting drilling for oil on the land. The Management and Protection of the National Petroleum Reserve in Alaska rule will affect 40% of Alaska’s reserve, as 10.6 million acres will be completely protected by the Bureau of Land Management […]
President Joe Biden sided with the union and said it was “vital” that U.S.
Drivers in Texas saw a 7-cent increase in gas prices with an average of $3.29/gallon of regular unleaded fuel however the increase marked a 7-cent decrease when compared to this day last year on Thursday, according to the AAA Texas Weekend Gas Watch.
Environmentalists celebrate new rules but Alaska politicians call it an ‘illegal’ attack on state’s livelihood and predict lawsuitsThe Biden administration said on Friday it will restrict new oil and gas leasing on 13m acres (5.3m hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm.The decision – part of an ongoing, years-long fight over whether and how to develop the vast oil resources in the state –...
With gas prices on the rise, MSNBC’s Stephanie Ruhle did what comes naturally to her: defending President Joe Biden. On Wednesday’s The 11th Hour Ruhle not only claimed that Biden has nothing to do with high gas prices, but he is being undermined by the Russians and the Saudis who are trying to get Donald Trump elected. Ruhle kicked off the segment by declaring, “We know that inflation is driving Americans crazy. If you are unsure, just call your mother. For many, it is their biggest complaint...
With gas prices on the rise, MSNBC’s Stephanie Ruhle did what comes naturally to her: defending President Joe Biden. On Wednesday’s The 11th Hour Ruhle not only claimed that Biden has nothing to do with high gas prices, but he is being undermined by the Russians and the Saudis who are trying to get Donald Trump elected. Ruhle kicked off the segment by declaring, “We know that inflation is driving Americans crazy. If you are unsure, just call your mother. For many, it is their biggest complaint...
Texas Nat Gas Prices Turn Negative As Drillers Chase Oil Sales Nat gas prices at the Waha hub in the Permian basin in Texas slumped to a negative price of -$2.00 per million British thermal units (MMBtu) this week as the recent rise in oil prices prompts producers to bring drilled but uncompleted wells online, OilPrice reported. As the U.S. benchmark oil price, West Texas Intermediate, hit $85 per barrel—the highest level in nearly six months, Texas producers keep pumping crude,...
President Joe Biden “doesn’t have the authority” to restrict new oil and gas leasing on federal petroleum reserves in Alaska, Sen. Dan Sullivan (R-AK) said Sunday in response to the Democratic administration’s environmental protection plan. “Leaders of the North Slope of Alaska were unanimous in opposition to this,” Sullivan said Sunday, adding that Biden was […]