Oil is trading at its lowest level in nearly four years. Costs are rising. And Wall Street is growing more worried by the day that President Trump’s trade policies will tip the United States into […]
Tag: Oil (Petroleum) and Gasoline
Trump Administration Lifts Mining and Drilling Restrictions in Nevada and New Mexico
The Trump administration has opened thousands of acres of land in Nevada and New Mexico to oil and gas drilling, geothermal development and hard-rock mining, reversing protections that President Joseph R. Biden Jr. enacted during […]
Oil Prices Tumble Further as Trump’s Tariffs Weigh on Economic Outlook
U.S. oil prices fell sharply, briefly dipping below $60 a barrel on Sunday — their lowest level in almost four years — as the economic fallout from President Trump’s latest round of tariffs reverberated around […]
Chevron Must Pay $745 Million for Coastal Damages, Louisiana Jury Rules
A jury in Louisiana has ruled that Chevron must pay a parish government about $745 million to help restore wetlands that the jury said the energy company had harmed for decades. The verdict, which was […]
Slumping Oil Prices Reflect Intensifying Economic Worries
Oil prices continued to fall on Friday, extending a sharp drop that began the day before as fears grew that President Trump’s tariffs could slash global economic growth — and demand for oil. Brent crude, […]
