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Congress created the Strategic Petroleum Reserve in response to the Arab oil embargo in the 1970s as a way to mitigate supply disruptions.
Beltway Confidential

Lessons from the past show permitting reforms are needed now more than ever

Liam deClive-Lowe, Paolo Mastrangelo -
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A year into Russian oil price cap, report casts doubt on its efficacy
Energy and Environment

A year into Russian oil price cap, report casts doubt on its efficacy

Breanne Deppisch -
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Venezuela's President Nicolas Maduro speaks during his annual state-of-the-nation address to the National Assembly in Caracas, Venezuela, Wednesday, Jan. 15, 2014. (AP Photo/Fernando Llano)
Editorials

Venezuela exploits Biden’s weakness

Washington Examiner -
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Members of the Presidential Guard line up in Caracas ahead of referendum on the future of a disputed territory with Guyana. The country voted to clam Guyana as sovereign territory, sparking fears of annexation. (AP/Matias Delacroix)
Energy and Environment

Venezuela votes to claim region in oil-rich Guyana, raising fears of conflict

Breanne Deppisch -
0
A tanker anchored at the oil export terminal in the far eastern port of Kozmino. The U.S. said this week it is hoping to slash Russian energy revenues by 50% by 2030, suggesting its sanctions and oil price cap mechanism will last for years.
Energy and Environment

US aims to halve Russian energy revenue by 2030, top official says

Breanne Deppisch -
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The UAE shows its duplicity with China kowtowing and COP28 oil deals
Beltway Confidential

The UAE shows its duplicity with China kowtowing and COP28 oil deals

Tom Rogan -
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An oil well near Casper, Wyoming. The Biden administration is auctioning off roughly 35,000 acres of land in Wyoming Tuesday, the first in a spate of new oil and gas auctions slated to take place in the shadow of the COP28 summit in Dubai.
News

Biden administration holds oil and gas lease auctions in Wyoming, angering environmentalists

Breanne Deppisch -
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The advertising label of the Organization of the Petroleum Exporting Countries, OPEC, shines at their headquarters in Vienna, Austria, Austria. OPEC+ is considering extending or deepening existing cuts at its upcoming meeting in Vienna. (AP Photo/Ronald Zak)
News

What to know as OPEC+ weighs extending or deepening supply cuts through 2024

Breanne Deppisch -
0
Russian President Vladimir Putin attends a ceremony of the presentation of credentials, in the Grand Kremlin Palace in Moscow, Friday, June 27, 2014. (AP Photo/Yuri Kadobnov, Pool)
Beltway Confidential

Saudi Arabia and Russia no longer set global oil prices

James Rogan -
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New Mexico governor touts flawed study by biased group to claim regulatory win

New Mexico governor touts flawed study by biased group to claim regulatory win

Washington Examiner -
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