California Governor Gavin Newsom’s hostility to the oil industry could lead to the closure of local refineries — which, in turn, could push gas prices past $6 per gallon, or even $9 per gallon, a local analyst has warned.
Gov. Gavin Newsom (D-CA) has directed state officials to help oil refineries stay open in the state despite years of “demonizing” the industry.
Lawmakers are meeting to discuss how they can successfully help enact President Donald Trump’s agenda.
Gas prices are soaring in California — again — thanks to a refinery fire that has choked supply, sending average prices to $5 per gallon, and even higher in the northern regions of the state.
President-elect Donald Trump will reportedly declare a national energy emergency to boost American energy production and lower energy prices.
The price of gas will go down under the Trump administration, GasBuddy forecasted on Monday.
Small business owners in the trucking industry are “concerned about Kamala Harris’ impact” regarding increased regulations and costs, a major Chicago-based trucking company executive said.
California Gov. Gavin Newsom (D) signed another law Monday, claiming to be taking action against gas prices but without lowering taxes, removing the state’s onerous “cap-and-trade” system, or easing regulations on refineries.
During an interview with WGAL News 8 on Monday, 2024 Democratic vice presidential candidate Minnesota Gov. Tim Walz (D) responded to voters who say they think the economy was better during the Trump administration and liked his tax cuts by
Newsom: “They’ve been gouging. They’ve been taking advantage of you. … They’re lying to you. … They’re the polluted heart of this climate crisis.”
Former President Donald Trump encouraged Virginia voters to “focus on all of the things” his administration had done versus “how bad” Vice President Kamala Harris has been at “running” the country.
California Gov. Gavin Newsom (D) has called a “special session” of the state legislature to pass bills deal with high gas prices — but Democrats on either side of the state capitol cannot agree on whether to have the session at all.
Drivers across the nation are taking a hit in their pocketbooks due to President Joe Biden (D) and Vice President Kamala Harris’s (D) economic policies.
Chevron has announced that its headquarters will be moved from California to Texas as the leftist state continues to throttle businesses.
Former President Donald Trump ripped President Joe Biden’s release of gas reserves on Tuesday and predicted that gas prices would soar to $10 dollars a gallon if Biden is reelected.
President Joe Biden appears politically unable to prevent gas prices from increasing, a sour economic reality for voters with the presidential election just months away.
On Thursday’s broadcast of MSNBC’s “11th Hour,” New York Times Chief White House Correspondent Peter Baker and MSNBC Analyst Peter Baker stated that President Joe Biden is in “an awkward position” because he could go after Iran’s oil revenue in full,
On Wednesday’s broadcast of MSNBC’s “11th Hour,” host and NBC Senior Business Analyst Stephanie Ruhle stated that one reason for rising gas prices is because of production cuts from Russia and Saudi Arabia, “who would sure like to help” 2024
The nationwide average price for regular gas hit a reported six-month high of $3.60 a gallon on Tuesday, spiking more than 50 percent under President Joe Biden.
The Biden White House looked at Biden’s gas prices and canceled a scheduled refill of our Strategic Petroleum Reserve.
The nationwide average price for regular gas topped $3.54 a gallon, a spike of more than 45 percent under President Joe Biden, AAA reported Wednesday.
On Monday’s broadcast of CNBC’s “Last Call,” Sen. Joe Manchin (D-WV) stated that, in an effort to lower gas prices, the Biden administration “turned a blind eye to the ghost ships coming out of Iran, who uses their resources, their
On Monday’s broadcast of CNBC’s “Last Call,” Biden Senior Adviser for Energy and Investment Amos Hochstein said the Biden administration is “managing our energy transition by making sure prices are lower.” And “Gasoline prices are lower than they are in Europe
American drivers pay 45 percent more to fuel their daily commutes since President Joe Biden ascended to the White House, AAA data shows.
On Friday’s broadcast of CNBC’s “Squawk Box,” Energy Secretary Jennifer Granholm responded to concerns that emulating some of California’s policies will drive gas prices higher by stating that it’s “less expensive to operate an electric vehicle” and people get tax
On Friday’s broadcast of CNBC’s “Squawk Box,” Energy Secretary Jennifer Granholm responded to companies shuttering refineries by stating that there are “significant policy incentives to the creation of drop-in biofuels, so you’re seeing some of that happening.” And that “we
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Chicago Federal Reserve Bank President Austan Goolsbee stated that people say they’ve been hurt by President Joe Biden’s policies in part because wages haven’t kept up with inflation and that
Biden’s decision to highlight the increased prices under his leadership — even as they dropped from last year — shows his administration’s concern that inflation is hurting his reelection chances.
On Thursday’s broadcast of CNN’s “AC360,” CNN Political Commentator and former Obama adviser Van Jones stated that he is very worried about the level of enthusiasm among black voters for President Joe Biden and that “it’s starting to feel like,
On Wednesday’s broadcast of the Fox News Channel’s “Hannity,” California Gov. Gavin Newsom (D) argued that gas prices in California are higher than prices in other states mostly because of price gouging, but acknowledged that taxes, environmental regulations, and California’s
Political and energy industry leaders are convening for a two-day summit on energy security on Monday in what Sen. James Lankford (R-OK) told attendees is “the center of the energy universe.”
On Wednesday’s broadcast of CNN’s “OutFront,” CNN Senior White House Correspondent Kayla Tausche reported that White House officials are taking “a wait-and-see approach” on gas prices “to see if, now that the economy is coming off of the peak travel and
The national average for a gallon of gasoline continues to surge higher in the U.S. as oil prices keep rising.
Oil prices jumped on Thursday to a new ten-month high, with U.S. crude rising above $90 a barrel for the first time this year. West Texas Intermediate crude rose by more than 1.9 percent on Thursday to reach a high
The risks of inflation persistence got harder to ignore with Wednesday’s release of the consumer price index for August, and rising energy prices played a big part.
On Wednesday’s broadcast of Bloomberg’s “Surveillance,” co-hosts Jonathan Ferro and Lisa Abramowicz said that the White House lacks a clear strategy for dealing with gas prices in the wake of Saudi Arabia and Russia extending oil production cuts and that we’re
Hurricane Idalia’s effects could go beyond power outages and general storm damage, as it could worsen gas prices.
On Wednesday’s broadcast of “CNN This Morning,” DNC Chair Jaime Harrison responded to a question on whether the economy is a bad issue for President Joe Biden given the spike in gas prices and mortgage rates hitting 20-year highs by
On Monday’s broadcast of CNN’s “OutFront,” Treasury Secretary Janet Yellen stated that the recent jump in the price of gas is in part due to increases in demand due to the summer driving season and some “global factors.” But that
U.S. gas prices are soaring again, posing another challenge to an inflation problem the Federal Reserve has battled over the past year and President Joe Biden claimed is all under control thanks to the much-touted “Bideonomics.”
