In sum, though it's true that average gasoline prices nationwide were significantly lower at one particular point during the Trump administration than they were in July 2021 under Biden, the Trump/Biden meme doesn't provide an accurate snapshot of what those national averages actually looked like...
Asia-Pacific and China. This high demand petrochemical is extracted from crude oil for industrial use, so markets also react quickly to even the smallest fluctuations in oil prices. To make solid and lucrative trades, multiple factors must be monitored constantly, so when opportunities occur, they...
Trump's election victory sparks dismay among architects of Paris climate accord Wed, Nov 6th 2024 2024 Election Videos Oil prices rely on geopolitics regardless of who wins election, says RBC's Helima Croft Tue, Nov 5th 2024 Power Lunch Energy sector is the best sector under Biden Fri, Nov...
The Biden administration has taken a number of steps to address issues related to health insurance. The issue of drug pricing has been a focus of the Biden administration. Under the Reduction of Inflation Act (IRA), the United States implemented for the first time a drug price negotiation prog...
Third Way has been supportive of President Joe Biden's economic policies and endorsed Vice President Kamala Harris in the election. Trump spokesperson Karoline Leavitt, who is set to be hisWhite House Press secretary, disputed the claim that President-elect Trump's policies will boost inflation. ...
Trump also repeated the fact that Biden killed the Keystone XL oil pipeline — which is true — but then pivoted to saying Biden also “approved” the Nord Stream 2 pipeline, which carried natural gas from Russia to Germany. The story’s a little more convoluted t...
Trump’s likely hawkish stance on Iran, which will probably lead to a drop in the availability of oil from the country. Although under sanctions, Iranian crude and condensate exports reached as high as 1.8mn barrels a day under Biden compared with 0.4 mb/d under Trump, according to our ...
“[T]he last thing President Trump wants now is for Democrats to talk about his broken promise to lower costs right away. The telltale sign is that he has stopped talking about it himself,” Bates, who served as a spokesperson for formerPresident Biden’s2020 campaign and in the Biden Wh...
Under a Republican election sweep that helps Trump implement his economic agenda, the annual inflation rate would increase to 3.6% in 2025, Moody's forecasted in its June analysis. By comparison, the most recent inflation data showed that prices rose 3% in June. ...
There is no way for Trump to significantly increase U.S. shale oil production Tue, Jan 21st 2025 U.S. crude oil falls as Trump weighs tariffs, aims to boost energy production Spencer KimballTue, Jan 21st 2025 watch now Saudi Arabia looking forward to working with Trump, says minister of ...