The average U.S. consumer currently spends over $50 more per month for gasoline than during the highly contested presidential election in November 2020. Oil and gasoline prices spiked immediately after the election. When Biden formally moved into the Oval Office in...
Efforts by the collective West and Biden administration to persuade Saudi Arabia to increase oil production have failed after overtures since late spring and a panicked last-ditch effort this week before the U.S. mid-term elections. The OPEC+ decision (summary)...
Did you think the $93 trillion New Green Deal plan was designed to save a planet from its innate climate cycles with renewable energy? Think again. Only $8 trillion is slated for green energy infrastructure and the remaining $85 trillion goes to “guaranteed” jobs,...
December typically brings a “Santa Claus” rally for stocks, but we’ve yet to see it this year. Oil is in a bear market and taking the rest of the market with it. The last five months came as a shock to the oil markets, and it’s having its...