Pelosi supports halting Russian oil imports to US: ‘Ban it’

By Lisa Mascaro in Washington WASHINGTON (AP) — Amid the escalating war in Ukraine, House Speaker Nancy Pelosi said Thursday she supports banning Russian oil imports to the U.S., a hefty nod that could strengthen President Joe Biden’s hand as global allies seek...

Ukraine war upends Biden’s agenda on energy, climate change

WASHINGTON (AP) — As Russian troops move deeper into Ukraine, President Joe Biden is taking steps to rein in rising energy costs even if those moves run counter to his agenda for addressing climate change. Biden announced on Tuesday that he is releasing 30 million...

Higher oil prices push Sri Lanka into deeper economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lanka’s already dire economic crisis has deepened as oil prices hover near $110 a barrel. Vehicles are stranded with empty tanks, power cuts are depriving students of study time for exams and shopping mall air conditioners are being...

NEWS: U.S. Supreme Court won’t take Dakota Access Pipeline case

BISMARCK, N.D. (AP) — The U.S. Supreme Court on Tuesday refused to consider an appeal of a lawsuit over the Dakota Access Pipeline, meaning that an ongoing environmental review of the pipeline will continue. Dakota Access, which is controlled by Texas-based Energy...

NEWS: Saudi Arabia keeps lid on oil output as US gas prices rise

https://pipelineonline.ca/wp-content/uploads/2022/02/oil-tanker-floating-in-the-ocean-SBV-324035618-HD.mp4 Supertanker computer animation. Video licensed by Brian Zinchuk via Storyblocks DUBAI, United Arab Emirates (AP) — Saudi Arabia is signaling it isn’t...