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Our sewers work overtime at this time of year.
Analysts say the SPR is increasingly being used not just to cushion against oil price shocks, but to support prices.
After its over-reliance on the Kremlin for its energy, is Germany making the same mistake with Beijing?
Biden authorized the release of crude from the Strategic Petroleum Reserve to boost supply and ease gas prices after Russia invaded Ukraine.
The bill incentivizes clean energy but doesn’t vilify fossil fuels. Traditional oil companies can access some of the benefits as well.
Europe’s largest economy depends on Russian gas. Vladimir Putin is using it as a political weapon.
Companies have to evaluate their prospects, then come up with a budget and manage crew and equipment logistics.
Gas stations are usually separate from the big oil conglomerates whose names they carry. Owners are often individuals with some control over what you pay at their pumps — but not much.
The idea is drawing attention, but analysts disagree on whether White House pressure on the industry would work.
Energy investors have profited as prices climbed. But companies hesitate to boost production, even though costs weigh on consumers.