Oil industry
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PublishedJune 5, 2024
UN chief wants a tax on profits of fossil fuel companies, calling them ‘godfathers of climate chaos’
The burning of fossil fuels – oil, gas and coal – is the main contributor to global warming caused by human activity.
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PublishedMay 30, 2024
Schumer, Democrats urge Justice Department to prosecute alleged oil industry collusion, price-fixing
The Democrats say a recent FTC investigation uncovered evidence of price-fixing by oil executives that led to higher energy costs for American families and businesses.
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PublishedApril 19, 2024
Biden administration restricts oil and gas leasing in 13 million acres of Alaska’s petroleum reserve
The U.S. oil industry’s top lobbying group says new rules are 'misguided.'