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.
The changes mean that Mexico can't drill for as much oil, just as the world is seeking alternate sources to Russian oil because of the war in Ukraine.
"Crack spreads" are higher than ever. But investors aren't interested in dumping money into fossil fuel expansion.
Outsize profits and stock buybacks are inviting more scrutiny from policymakers and environmental advocates.
The war in Ukraine is forcing the U.S. to reconsider its dependence on oil.