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President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies Biden's budget cuts $31B in tax breaks for oil companies [Video] Skip to ...
President Biden has said he’d work to tax excess oil profits if companies don’t invest in new production, while diesel supplies are also low and OPEC predicts a long future for oil. This is ...
President Joe Biden threatened to impose a windfall profits tax on the nation's biggest oil and gas companies as a way to lower prices at the pump, but it's uncertain when or even if such a move ...
Keystone XL, owned by TC Energy Corp, is already under construction in Canada, and would carry 830,000 barrels per day of Alberta oil sands crude to Nebraska. Biden revokes KXL permit in blow to ...
The Energy Select Sector SPDR Fund (XLE), which tracks the performance of the largest oil and gas companies, is up more than 100% since Biden’s inauguration. The cash-rich industry has not shied ...
While Edmonton (population 972,223 thousand in 2019 [20]) is the provincial capital and is considered the pipeline, manufacturing, chemical processing, research and refining centre of the Canadian oil industry, its rival city Calgary (population 1.26 million [20]) is the main oil company head office and financial centre, with more than 960 ...
President Biden made a symbolic gas tax cut, and the latest dispatch from the NFT.NYC conference. This and more, in today's edition of the Opening Bell newsletter.
President Biden suggests oil and gas companies should face higher taxes on their excess profits if they don't boost domestic production to help ease prices at the pump.