Here we go again, begging the Saudis for oil
Once again, an American president has begged, cajoled or hectored the Saudis and OPEC to produce more oil to keep prices low.
Posts
Our oil addiction hampers our response to Saudi atrocities
Pressure is mounting on the U.S. government to hold Saudi Arabia accountable for the death of American-based journalist Jamal Khashoggi. Our complicated relationship with the kingdom, held together for decades by oil and arms, narrows our palette of options.
CAFE by the numbers: oil consumption [INFOGRAPHIC]
The new fuel economy proposal by the Trump administration goes on for hundreds of pages, and it’s full of facts an figures and tables. One sticks out to us, in which the architects of the proposal tell us exactly how much oil (in their estimation) we should expect to use on top of the 20 million barrels we already consume each day.
You can help improve the proposal: Sign our petition urging the government not to roll back progress on fuel economy standards for cars to be sold in the U.S. in model years 2021-26.
CAFE plan pushes us further from energy independence
Much of the debate surrounding the recent proposal to lower fuel economy standards focuses on the Environmental Protection Agency (EPA) and its effort to reduce greenhouse gas emissions from tailpipes. Read more →
IEA warns of higher oil prices as Iran, Venezuela losses deepen
The International Energy Agency warned that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.
Our divided nation is united on energy independence
There is one issue that unites America like no other: the pursuit of genuine energy independence. Our national security demands it. Our national economy demands it.
Saudi Arabia aims to keep crude in $70 to $80 band: sources
Saudi Arabia wants oil to stay between $70 and $80 a barrel for now as the world’s biggest crude exporter strikes a balance between maximizing revenue and keeping a lid on prices until U.S. congressional elections, OPEC and industry sources said.
New U.S. sanctions target Russia for defying rules on North Korea
The Trump administration announced a series of sanctions on Tuesday targeting Russia, including ships that are delivering Russian oil to North Korea despite ongoing sanctions and marine companies that are supplying Russia’s military.
China defies U.S. pressure as EU parts ways with Iranian oil
China, seeking to skirt U.S. sanctions, will use oil tankers from Iran for its purchases of that country’s crude, throwing Tehran a lifeline while European companies such as France’s Total are walking away due to fear of reprisals from Washington.
Elon Musk’s vast oil conspiracy ends with Saudi billions
Elon Musk has always hated the fossil-fuel industry. His stated mission for Tesla Inc. is to hasten its demise, and more than once he’s blamed the “unrelenting and enormous” power of oil interests for sabotaging his efforts.
