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Alaskans get a $1,312 oil dividend check this year. The political cost of the benefit is high
Read full article: Alaskans get a $1,312 oil dividend check this year. The political cost of the benefit is highNearly every Alaskan will receive a check for $1,312 this week, the annual dividend from the earnings of the state’s nest-egg oil-wealth fund.
Gas prices fell 6 cents in Florida last week. Why they may rise again
Read full article: Gas prices fell 6 cents in Florida last week. Why they may rise againGas prices have trickled down over the past few weeks, but AAA said they may climb again soon, depending on how the markets react to news from OPEC.
API sends president policy suggestions to address energy crisis
Read full article: API sends president policy suggestions to address energy crisisFollowing an ongoing energy crisis that has seen fuel prices soar both in Florida and across the country, the American Petroleum Institute sent a letter to the President Biden’s office with ten “immediate steps” the organization recommends to help increase energy supply.
White House orders release of 50 million barrels of oil to ease energy costs
Read full article: White House orders release of 50 million barrels of oil to ease energy costsPresident Joe Biden is ordering a record 50 million barrels of oil released from America's strategic reserve to help bring down energy costs.
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OPEC to boost oil output as economies recover, prices rise
Read full article: OPEC to boost oil output as economies recover, prices riseThe OPEC oil cartel and allied producing countries have confirmed plans to return 2.1 million barrels per day of oil output, balancing fears that COVID-19 outbreaks in some countries will sap demand against surging demand from recovering economies around the globe.