Oil Supply

The Biden administration is auctioning off tens of thousands of acres for oil and gas drilling just days before the United Nations COP28.

US to auction public land for oil, gas drilling as COP28 is set to begin

Eyes turn to the markets as war declared between Israel and Palestinian Terrorist group Hamas initially sent oil and gas prices soaring.

Israel-Hamas war spikes oil prices, brings uncertainty for US gas pumps

The Biden administration canceled the seven remaining oil and gas leases in Alaska’s Arctic National Wildlife Refuge (ANWR) on Wednesday.

Biden administration cancels oil, gas leases in Alaska wildlife refuge

According to a court filing from special counsel David Weiss, federal prosecutors will seek an indictment for Hunter Biden before Sept. 29.

Hunter Biden indictment coming: The Morning Rundown Sept. 7, 2023

Gas prices in the U.S. rose to historic highs the same day Russia and Saudi Arabia agreed to extend their voluntary oil production cuts.

Gas prices at historic highs as Russia, Saudi Arabia extend oil cuts

Secretary of State Blinken arrived in Kyiv Wednesday as part of an unannounced visit to meet with Ukraine's president Volodymyr Zelensky.

Blinken’s unannounced Ukraine visit: The Morning Rundown Sept. 6, 2023

The latest crude production cuts from a group of major oil producing countries led by Saudi Arabia may not hurt as much as previous cuts.

Small oil producers undermine OPEC’s crude-cutting efforts to keep prices high

House Republicans unanimously approved a resolution to remove Congresswoman Ilhan Omar from the Foreign Affairs Committee.

Midday rundown: Omar voted off House committee, FBI investigates Santos

Just days after a major winter storm killed dozens in the United States, Europe headed into 2023 with record heat for this time of year.

‘It feels like summer’: Record winter heat felt throughout Europe

Buffalo, New York is slowly cleaning up after its most deadly storm in generations blanketed the city and led to a driving ban.

Midday rundown: Buffalo driving ban lifted, Cosby planning comedy tour