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More than 50 percent of the crude oil imported to the U.S. comes from Canada, and analysts believe tariffs could cause prices to jump by 40 cents or even 70 cents per gallon.
Assembly Democrats continued a pattern in California of allowing regulators to adopt more rules for the oil industry that could lower price spikes in the future. At Newsom's urging, lawmakers ...
The Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA, Pub. L. 103–353, codified as amended at 38 U.S.C. §§ 4301–4335) was passed by U.S. Congress and signed into law by U.S. President Bill Clinton on October 13, 1994 to protect the civilian employment of active and reserve military personnel in the United States called to active duty.
Gov. Ron DeSantis is promising to return America to the days of $2-a-gallon gasoline if he becomes president by unleashing domestic energy production, even though he’s opposed offshore drilling ...
From mid-2017 to early 2018, crude oil imports increased from $45 per barrel to $62 per barrel. [17] Rising oil prices have driven some with U.S. oil stakeholders to argue all options must be considered to reduce the national deficit; including expanded national oil production.
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Individual states have varying regulations for the transport of oil into and out of state boundaries, which limits where pipelines can be built. [49] Protest against Dakota Access and Keystone XL pipelines. As more pipelines are built, oil companies profits and investments into these companies continue to increase.
When oil prices went down, utilities had to honor the rates of those contracts, leading to high power prices. [ 6 ] PURPA was the only existing federal law that requires competition in the utility industry and the only law that encourages renewables, if it is cost competitive with conventional polluting resources, [ 6 ] until the 2009 ...