The regulation that could push oil to $200
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
Iran plans to respond in kind if U.S. blocks oil exports
Iran will react with equal countermeasures if Washington tries to block its oil exports, the foreign ministry said on Tuesday, while the Islamic Republic’s armed forces chief said U.S. threats would draw an “unimaginable and regrettable” reaction.
Drilling in Arctic National Wildlife Refuge to get fast review
The Interior Department has commissioned an expedited environmental review of the impact of leasing part of the Arctic National Wildlife Refuge for oil and gas drilling, according to a document released under the Freedom of Information Act.
5 things to watch as the Trump administration weakens car rules
With the Trump administration set to weaken Obama-era fuel economy standards for passenger cars and trucks, a chasm is opening between red and blue states.
California sues over Trump halt to truck pollution rule
California and 14 other states sued the U.S. Environmental Protection Agency over its decision to suspend an Obama-era rule aimed at limiting pollution from trucks.
60 reasons Trump worries about pump prices
Pushed by the tweeter-in-chief, Saudi Arabia has executed a supertanker-size U-turn, pushing barrels back onto the market.
Setback for Trump: Saudi Arabia won’t export much more oil this month, official says
Saudi Arabia’s representative to OPEC on Thursday said the kingdom’s oil exports will be little changed this month, a blow to President Donald Trump, who is depending on his allies in Riyadh to put more barrels on the market to tame fuel prices.
Germany forces 1,050 Tesla owners to forgo electric car bonus
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.
OPEC seeking legal strategy as U.S. pushes anti-cartel bill
OPEC is consulting with lawyers to prepare a strategy to defend against proposed U.S. legislation that could open the cartel up to antitrust lawsuits, according to people familiar with the matter.
U.S. senators revive bill to counter OPEC ‘price fixing’
U.S. Senator Chuck Grassley, along with a fellow Republican and two Democratic lawmakers, introduced legislation in the Senate that’s aimed at allowing the government to bring lawsuits against OPEC members for antitrust violations.
