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Critics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set ...
The U.S. is producing more oil than ever, and that's helping gas prices stay low. However, even amid inflation anxiety, the Biden administration isn't openly celebrating the increased output.
Nearly four years ago, while campaigning in the runup to the last presidential election, Donald Trump warned that President Joe Biden would “destroy” the oil industry. As Trump and Biden are ...
President-elect Donald Trump spent much of his time on the 2024 campaign trail pledging to restore U.S. energy dominance through bolstering oil and gas production, expanding fracking and lifting a ...
(Reuters) -The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying the measures ...
Big Oil has chafed under President Biden, who has trash-talked fossil fuels and aggressively pushed to decarbonize the US economy. Donald Trump, by contrast, says “drill, baby drill” and has ...
State offshore seabed in California produced 37,400 barrels (5,950 m 3) of oil per day, and federal offshore tracts produced 66,400 barrels (10,560 m 3) of oil per day in November 2008. State and federal offshore tracts together made up 16% of the state's oil production. [ 10 ]
In an ironic twist, the United States has become the world’s top producer of oil and gas during Biden’s tenure, and his agencies have been approving projects at a more rapid pace than under Trump.