By Robert Romano President Donald Trump has once again accepted the Republican nomination for President with the promise to fully reopen America as 2.9 million Americans have left continued unemployment claims in the past month, according to the latest data from the Department of Labor. As of […]
By Robert Romano In the flash of an eye, the world’s oil supply was reduced by 5 percent after the Sept. 14 attacks on Saudi Arabian oil facilities including the Abqaiq oil processing facility, which sent oil prices soaring in trading on Sept. 16 and then a subsequent pullback today upon Saudi announcements that production will […]
By Robert Romano U.S. oil refiners had another huge year in 2018, averaging 17.3 million barrels per day in refinery runs while its capacity expanded to almost 18.6 million barrels per day, according to data compiled by the U.S. Energy Information Administration (EIA). As the U.S. became the number one […]
By Natalia Castro President Donald Trump is giving the United States the energy it needs to make its mark on the world stage, literally. With the rollback of burdensome regulations, U.S. oil production has boomed, making the U.S. a competitive leader in the energy market […]
By Marita Noon What is the “biggest unfinished business for the Obama administration?” According to a report from Bill McKibben, the outspoken climate alarmist who calls for all fossil fuels to be kept in the ground, it is “to establish tight rules on methane emissions”—emissions that […]
By Marita Noon Environmentalists like a good crisis. Spreading fear is a proven fundraising technique — with manmade climate change as the fear du jour. But, back in 2005, the “looming crisis,” according to the Kansas Sierra Club, was the end of cheap oil. The […]
By Robert RomanoWest Texas intermediate oil is crashing through its $30 a barrel support level in search of a new bottom, amid the ongoing correction in China, weak demand globally and no signs of production slowing down. While that is generally good news for consumers of products like gasoline, the […]
By Dustin Howard Prior to his reelection, President Barack Obama said that the U.S. is the “Saudi Arabia of natural gas.” Like so many things, the President has no problem publically taking credit for what his Administration privately disrupts. Earlier this year, the Bureau of Land Management (BLM) issued controversial rules on hydraulic […]
By Rick Manning Is it moral to cause people to starve in Africa, because you prefer to burn corn for fuel here in America? Is it moral to have as a goal to create regulations that drive energy and electricity costs up with the poor being disproportionately […]