Tue, 21-Oct-2025

Biden should quit criticising Big Oil and instead pursue a different strategy

oil

Chevron’s CEO says reducing fuel prices will require “a change in approach” by the government. The letter is the latest in a series of acrimonious exchanges between President Joe Biden and the oil industry. High fuel prices have helped drive inflation to 40-year highs. Inflation is a top issue for voters ahead of the November … Read more

Biden praises Exxon Mobil and other oil firms for their earnings

oil

U.S. consumer inflation accelerated in May as oil prices hit a record high. The cost of food soared, leading to the largest annual increase in four decades. A gallon of regular gasoline costs an average of $4.99 nationwide on Friday, according to AAA. U.S. President Joe Biden on Friday charged the U.S. oil industry, and … Read more