oil

Energy

Biden halts oil, gas leases amid legal fight on climate cost

The Biden administration is delaying decisions on new oil and gas drilling on federal land and other energy-related actions after a federal court blocked the way officials were calculating the real-world costs of climate change. The administration said in a legal filing that a Feb. 11 ruling by a Louisiana federal judge will affect dozens

Biden Administration

Biden Banking Nominee Wants U.S. Energy Companies to ‘Go Bankrupt’

In a newly-uncovered video, President Joe Biden’s nominee to help oversee the nation’s banking system says that if small U.S. oil and gas companies went bankrupt, that would be a good thing. It’s a suggestion that in the current climate — gasoline prices soaring and some consumers looking at 50 percent hikes in energy costs

Gas Prices

Arizona Weekly Gas Price Update for Week of October 25, 2021

Arizona gas prices have risen 6.5 cents per gallon in the past week, averaging $3.40/g today, according to GasBuddy’s daily survey of 2,269 stations in Arizona. Gas prices in Arizona are 23.3 cents per gallon higher than a month ago and stand $1.13/g higher than a year ago. According to GasBuddy price reports, the cheapest

Gas Prices

Arizona Weekly Gas Price Update for Week of October 12, 2021

Arizona gas prices have risen 5.9 cents per gallon in the past week, averaging $3.27/g today, according to GasBuddy’s daily survey of 2,269 stations in Arizona. Gas prices in Arizona are 8.8 cents per gallon higher than a month ago and stand $1.02/g higher than a year ago. According to GasBuddy price reports, the cheapest

Energy

Federal judge blocks Biden’s pause on new oil, gas leases

Photo: Louisiana Attorney General Jeff Landry speaks in front of the U.S. Supreme Court in Washington. The Biden administration’s suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana who ordered that plans continue for lease sales that were delayed for the Gulf of

Energy

Fight over Canadian oil rages on after pipeline’s demise

The Keystone XL is dead after a 12-year attempt to build the oil pipeline, yet the fight over Canadian crude rages on as emboldened environmentalists target other projects and pressure President Joe Biden to intervene — all while oil imports from the north keep rising. Biden dealt the fatal blow to the partially built $9

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