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 12th, 20220WASHINGTON, D.C. — U.S. President Biden will make the case for greater oil production from the Organization of the Petroleum Exporting Countries (OPEC) nations to bring down gasoline prices when he meets Gulf leaders in Saudi Arabia this week, White House National Security Adviser Jake Sullivan said on Monday.
Biden leaves Tuesday...
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...
April 26th, 20190American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher.
Gasoline pump prices have already jumped about 25 percent this year, the fastest rate in three years. Trump administration...
November 23rd, 20180WASHINGTON — On Wednesday, President Trump praised Saudi Arabia for helping to lower oil prices as pressure intensified for the U.S. to impose tougher sanctions on its Arab ally over dissident Saudi journalist Jamal Khashoggi’s murder.
In a tweet, Trump thanked Riyadh for the recent drop in oil prices and called for prices to go...
