Presidential candidate Joe Biden repeatedly promised to end fossil fuels in America. There’ll be “no more drilling, including offshore,” he said. “No ability for the oil industry to drill. No more pipelines.”  Shortly after reaching the White House, President Biden ended Keystone XL pipeline construction and began working with congressional Democrats, regulators, and eco-activists to impose leasing and […]

Saudi Arabia, the UAE, and other OPEC nations can be expected to consider global security implications of Biden administration pressures on them to increase oil and gas production to compensate for shortfalls influenced by their own anti-fossil energy policies. These preexisting conditions are only made worse by an appropriate belated American ban on Russian imports

The fighting in Ukraine has intensified and residents are fleeing cities with Russian forces showing no signs of retreating. What does this have to do with the lives of billions of people living far away from the war? Oil price increases. The conflict has caused an increase in international oil prices, which have now crossed $130 per barrel,