July 19th, 20220SAUDI ARABIA — President Biden's visit in recent days to top oil exporter Saudi Arabia ended without any announcements that the kingdom would raise oil production to help lower fuel prices which are spurring the highest U.S. inflation in four decades.
Top U.S. energy envoy Amos Hochstein told a television program on Sunday that...
July 16th, 20220A new CNBC poll, conducted by the same polling firms that helm the NBC News poll, finds President Biden’s overall approval rating sinking to 36 percent among all adults, while his approval rating for handling the economy has fallen to 30 percent — both all-time lows for the president in CNBC polling.
What’s more, Biden’s ratings...
July 1st, 20220President Biden said on Thursday he would not directly press Saudi Arabia to increase oil output to curb soaring crude prices when he sees the Saudi king and crown prince during a visit later this month.
Biden also said at a news conference in Spain that Americans will have to stomach high gas prices for "as long as it takes" to beat...
June 22nd, 20220WASHINGTON, D.C. — With resentment and desperation growing among Americans amid soaring fuel costs, the Biden administration is scrambling to ease the pain at the pump, and made a largely symbolic attempt to do so on Wednesday.
In a move that economists believe will make little difference if any on actual prices at the pump,...
March 9th, 20220Americans are now experiencing soaring gas prices, surging more than 30 percent since Russia invaded Ukraine and the U.S. and other countries imposed a raft of sanctions.
The Biden administration has already begun looking at scenarios in which oil tops $200 a barrel, with gas stations already topping $4 a gallon in many...