On the campaign trail, President-elect Donald Trump vowed to lower consumer prices that have soared since the pandemic, explaining how he would do so by repeating a simple mantra: Drill, baby, drill. ...
Oil prices have risen sharply over the last few months. Normally, that's a recipe for a drilling frenzy from U.S. oil producers. But something strange is happening, or rather, not happening. "U.S.
The oil industry is having an I-told-you-so moment in California. For decades, the state has raced to end its reliance on fossil fuels and prioritize clean energy. Its relationship with oil companies ...
FILE - Drilling rigs stand idle on June 30, 2021, in Calumet, Okla. Republican politicians across the U.S. are criticizing President Joe Biden over his domestic energy policies and urging his ...
The awarding of the contract for an ultra-deepwater Trion project offshore Mexico is more than just another deal. The contract awarded by Trion’s operator will see SLB employ its artificial ...
It might seem like a logical fix. With domestic gasoline prices surging this month, oil producers could just drill more, right here in the United States. President Biden, who has a complicated history ...