Keyword: opec
-
“I’m with a pretty good company and they take care of us pretty good,” he said. Over the years, he’s seen diesel prices go up and down, but lately, he’s noticing an uptick in certain cities. Not only that, but he also is concerned about supply. “It’s going up and going up... when you can find it,” said Mullis. His concerns are warranted. Mansfield Energy Corporation issued a supply alert, saying poor pipeline shipping economics and historically low diesel inventories are all combining to cause a shortage in parts of the southeast. Some gas stations have already increased diesel prices...
-
Q (Martha Raddatz): "The economy, inflation — that's a big issue with you. Why?" VOTER: "Because the prices have gone so high!" Q: "So are you hoping for a red wave?" VOTER: "Yes. Things seemed better before."
-
Politics in the state of Israel has never been more complex. One coalition is held together by the slimmest of reeds: opposition to one man — Benjamin Netanyahu. It’s a collection of liberal, conservative, and Arab parties that was formed primarily to defeat Netanyahu last year with Yair Lapid as its leader. Some oppose the two-time former prime minister for his alleged corruption. Others blanch at his policies in the Palestinian territories. But because the only real unifying factor for the opposition is hatred of Netanyahu, the governing coalition lasted only a few months. Netanyahu’s Likud coalition is a mish-mash...
-
As an internationally renowned scholar and expert on energy markets and geopolitics, Daniel Fine helped shape the thoughts and decisions of policy makers and industry leaders over decades in Washington, D.C., and in New Mexico. A lifelong Harvard fellow and research associate with the Massachusetts Institute of Technology, Fine had a direct influence on government affairs, frequently providing expert guidance on energy issues and international relations among the top echelons of public and private agencies.
-
Thursday, during an appearance on FNC’s “The Faulkner Focus,” House Minority Leader Kevin McCarthy (R-CA) responded to reports that only 25 days of diesel supply is left in the United States. McCarthy said the only possible justification for President Joe Biden’s use of the strategic petroleum reserve was political. “This doesn’t have to be,” he said. “Two years ago, we were energy-independent. On the very first day that this president came in, where Democrats took total control of the House and the Senate, the first thing they did was to cut domestic ability to produce oil and gas.”
-
While the US has donated, over the years, billions of tax dollars to the Palestinians, and has been their largest donor, Palestinian leaders still “don’t trust America”, who they see as the “enemy.” Vladimir Putin and Russia, on the other hand, are seen as allies and supporters. In his recent meeting with Russian President Vladimir Putin at the Conference on Interaction and Confidence Building Measures in Asia (CICA) in Kazakhstan, Palestinian leader Mahmoud Abbas made his sentiments quite clear..
-
Things haven’t looked this bad for the U.S. economy since 2008. We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun laying off workers, and economic activity is slowing down all around us. Of course Joe Biden is telling us that our economy is “strong as hell”, but that is just because he wants his party to do well in the upcoming elections. Ultimately, anyone that takes a truly objective view of things is forced to admit that the outlook for the...
-
Tuesday on FBN’s “Varney & Company,” former House Speaker Paul Ryan (R-WI) predicted Republicans would not nominate former President Donald Trump to be the party’s 2024 nominee. According to Ryan, “anybody not named Trump” was the GOP’s best opportunity for success. “Is Donald Trump electable in 2024, bearing in mind that you have a history with Mr. Trump?” host Stuart Varney asked.
-
WASHINGTON (Reuters) - Under pressure over his handling of inflation, U.S. President Joe Biden took aim on Monday at opposition Republicans, warning their economic plans would cause chaos in the world's largest economy if they won control of Congress in Nov. 8 elections. Biden appeared before a young, energetic crowd of Democratic National Committee workers at DNC headquarters, who greeted him with chants of "Let's go Joe!" That enthusiasm is not reflected in his nationwide approval ratings, which remain below 50%. With 15 days before the midterm elections that will determine the course of the final two years of Biden's...
-
After a decade, the E.U.-Israel Association Council met. Although ties are improving, the question of Palestinian statehood persists. Government ministers from Israel and the European Union met on Oct. 3 for the first “Association talks” since 2012. Intelligence Minister Elazar Stern headed the Israeli delegation at the E.U.-Israel Association Council session in Brussels. Established in 1995 and first operating in 2000, the group has not met since July 2012, in part due to differences in views over Jewish communities in Judea and Samaria, commonly known as the West Bank. Bouts of violence between Palestinians and Israel, along with the COVID-19...
-
An unwritten pact binding the U.S. and Saudi Arabia has survived 15 presidents and seven kings through an Arab oil embargo, two Persian Gulf wars and the Sept. 11 terrorist attacks. Now, it is fracturing under two leaders who don’t like or trust each other. Saudi Crown Prince Mohammed bin Salman, the kingdom’s 37-year-old day-to-day ruler, mocks Biden in private, making fun of the 79-year-old’s gaffes and questioning his mental acuity... He has told advisers he hasn’t been impressed with Mr. Biden since his days as vice president, and much preferred former President Donald Trump ... Mr. Biden said on...
-
After releasing the most oil ever from the U.S. emergency petroleum reserve, the Biden administration is signaling it will refill soon, a multibillion-dollar undertaking that it hopes will rouse sluggish domestic drilling activity. The pitch is likely to be a hard sell for many domestic producers, say industry executives and analysts. “It’s a little bit more [complex] than this,” said Olivier Le Peuch, chief executive of oil-field services company Schlumberger Ltd. On Wednesday, President Biden said for the first time that the Energy Department would begin purchasing oil to refill the U.S. Strategic Petroleum Reserve when oil prices are $67...
-
Uganda and Tanzania are set to begin work on a massive crude oil pipeline a year after the International Energy Agency warned that the world risked not meeting its climate goals if new fossil fuel projects were not stopped. The two East African countries say their priority is economic development...Eighty percent of the 1,440km- (895 mile) pipeline, whose construction will begin in a few months, will be in Tanzania including a terminal-storage facility in Chongoleani.French energy giant Total Energies and Chinese energy firm CNOOC International also have a stake in the $5bn (£4bn) venture.Because of the waxy nature of Lake...
-
Global concerns such as epidemics, wars and disasters weigh upon the minds of people around the world during every decade. But can a dominant global problem such as the COVID-19 pandemic cause people to neglect other urgent societal problems? A new study concludes that answer is yes. Oleg Smirnov, Ph.D., associate professor in the Department of Political Science at Stony Brook University and lead author, says that the data from their research illustrates how the COVID-19 pandemic affected the discussion on climate change on Twitter. He and co-author Pei-Hsun Hsieh, a Ph.D. student in Political Science, adopted Weber's psychological theory...
-
Hundreds of CEOs and finance moguls are expected in Riyadh from Tuesday for a Davos-style investment conference that analysts say will highlight Saudi Arabia's geopolitical muscle despite strained ties with the US. The Future Investment Initiative (FII) was launched in 2017 as an economic coming-out party for the world's largest crude exporter, which is trying to diversify away from oil under Crown Prince Mohammed bin Salman. The following year's edition, however, was largely overshadowed by the killing several weeks prior of journalist Jamal Khashoggi, and many would-be delegates from outside the region stayed away. Attendance picked up in 2019, even...
-
"I think it's a legitimate thing to be concerned about anyone's age, including mine," says Biden."Watch me. You know, am I slowing up? Am I don't have the same pace?...I could get a disease tomorrow, I could, you know, drop dead tomorrow." pic.twitter.com/o7jDVE5WVV— RNC Research (@RNCResearch) October 23, 2022
-
House Speaker Nancy Pelosi (D-Calif.) on Sunday said the midterm election fight should be focused on cost of living rather than the global problem of inflation. “When I hear people talk about inflation… we have to change that subject. Inflation is a global phenomenon,” Pelosi said on CBS’ “Face the Nation” with Margaret Brennan. “The EU, the European Union, the UK, the British, have higher inflation rate than we do here… The fight is not about inflation. It’s about the cost of living.”
-
WASHINGTON, Oct 23 (Reuters) - President Joe Biden sought to reassure Democratic voters who have doubts about whether the 79-year-old should run for re-election, while also saying in an interview that he could "drop dead tomorrow."Biden said he should be judged based on his current vigor on the job, rather than his age, though he acknowledged the issue is a "legitimate" voter worry.
-
A first oil refinery processing Iranian crude oil outside of the country has started operations, according to a statement by the Iranian Oil Minister Javad Owji who says the project in Venezuela will be replicated in other parts of the world. Owji said on Sunday that Iran had started processing some 100,000 barrels per day (bpd) of crude produced in Iranian oilfields in Venezuela’s El Palito refinery. He said the project had come to fruition thanks to efforts by the Iranian Oil Ministry’s fuel department the NIORDC. “This was an old dream that came true … this effort saw its...
-
President Biden declared in a speech Wednesday it was a "myth" that his administration has slowed oil production or made it harder for energy companies to increase production. That didn't sit well with former Keystone XL pipeline welder Neal Crabtree, who was among hundreds of workers laid off hours after the president canceled the federal permit for the pipeline on his first day in office, Jan. 20, 2021. The project would have transported 830,000 barrels of oil per day from Canada to Texas. In addition, on day one, Biden placed a temporary moratorium on oil and gas activity in the...
|
|
|