There is a risk that oil prices could hit $100 per barrel next year for the first time since 2014, according to new research from Bank of America Merrill Lynch.
Companies extracting oil and gas from the wilderness area in Alaska would face “enormous reputational risk and public backlash”, the investors say in a letter sent to 100 fossil fuel companies and the banks that finance them.
Florida’s congressional delegation, citing the state’s vibrant tourism industry, delivered a unanimous, bipartisan and stern message of opposition to offshore energy exploration during a hearing on Capitol Hill on Thursday.
President Donald Trump pressed automakers to build more cars in the U.S. during a meeting Friday with representatives from top international car manufacturers, including CEOs from all of the Detroit Three.
More than half of voters oppose proposed plans by the Trump administration to expand oil and gas drilling off coastal states, according to a poll out Tuesday.
The leaders of the world’s biggest car companies are arriving at the White House on Friday, and it may be their last chance to stop the Trump administration from a head-on collision with California.
U.S. drivers who’ve noticed higher prices at the pump may be tempted to blame Trump’s Iran decision, but it’s only one factor at play right now.
The U.S. is giving its allies 180 days to extricate themselves from Iranian oil deals, making explicit its desire to start curbing the nation’s crude exports quickly in a bid to go after Tehran’s economic lifeline.
Last month, Environmental Protection Agency Administrator Scott Pruitt announced that the agency will abandon the long-term fuel economy standards developed by the Obama administration for 2022-2025, declaring, without evidence, that they are “too high.”
Our Mission: Fuel Freedom Foundation is working to reduce the cost of driving your existing car or truck by opening the market to cheaper, cleaner, American-made fuel choices at the pump.