Energy
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Licensing of offshore ports shifts in effort to speed projects
The Administration, which had led other aspects of the permitting process, will now serve as the lead in federal environmental reviews of infrastructure projects located more than 12 miles off the U.S. coast that seek to import and export oil and gas.
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Importing Venezuelan oil one proposal among many to refill the Strategic Reserve depleted by Biden
Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very different world. Some analysts are asking how it can be utilized more strategically in this energy landscape. Biden tapped into it to lower gas prices in a political pandering effort.
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U.S. makes first sale of Venezuelan oil
The sale netted $500 million.