Por: CNBC Politics October 31, 2022
U.S. President Joe Biden makes a statement about gasoline prices and oil company profits in the Roosevelt Room at the White House in Washington, October 31, 2022.Leah Millis ReutersPresident threatened Monday to pursue higher taxes on oil company profits if industry giants do not work to cut gas prices.Biden has criticized oil companies that have made record-high profits as consumers struggle to keep up with high gas prices. The price of a... + full article
Newsweek USA Nation November 01, 2022
President Joe Biden on Monday said energy corporations can either increase oil refining and producing capacities or face paying a tax on their excess profits—but experts warned such a tax could backfire.Biden railed against energy producers who have pocketed outrageous record... + más
If Europe and the U.S. want to win the war in Ukraine, they must enlist their economies in the fight | MarketWatch
3 ways to get a bigger tax refund | CBS News
ABC News USA Business October 19, 2022
As rising gas prices strain the budgets of many Americans, President is set to announce on Wednesday moves that aim to address the oil supply shortage behind the cost spike.Most notably, the announcement includes the release of 15 million barrels of oil from the nation's... + más
EXPLAINER: What is the Strategic Petroleum Reserve? | ABC News
US Sanctions International Network Of Companies Selling Iranian Petroleum Products | RTTNews
Portland Press Herald USA World October 19, 2022
On Wednesday, President Biden announced another release of oil from the Strategic Petroleum Reserve. The White House released a huge amount of oil this spring, aiming to temper gas prices that had been driven up, in part, by Russia’s invasion of Ukraine and the U.S. ban on... + más
What is the Strategic Petroleum Reserve? | ABC News
Forbes USA Business October 16, 2022
Getty Images Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the global supply of about 2%. This announcement had an... + más
OPEC Thumbs Its Nose At President Biden | Forbes
Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek
ABC News USA Business October 06, 2022
An alliance of oil-producing countries on Wednesday announced a dramatic cut in oil output with major implications for , industry analysts told ABC News.The group of nations known as OPEC+, led by Saudi Arabia and Russia, agreed on Wednesday to cut oil production by 2 million... + más
The OPEC+ oil cut will impact US gas prices. Here's how. | ABC7
Forbes USA Business October 05, 2022
Getty Images Key Takeaways Oil prices have been on a wild ride over the past two years. They have gone from dropping to negative amounts at the start of the pandemic to $160 per barrel earlier this year, and have now declined by half their value since their highs. Investors and... + más
CNN USA Business September 22, 2022
New York (CNN Business)Well, it was nice while it lasted.After sinking every day for more than three months, US gas prices edged higher — by a penny — to $3.68 a gallon, on average Wednesday, . That ends 98 consecutive days of , the second-longest such streak on record going... + más
US gas prices tick up, ending 99-day streak of lower costs | Associated Press
US gas prices end streak of declines just short of 100 days | The Boston Globe
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