Tag: gas prices
Trump invokes wartime powers to expand fossil fuel production amid rising...
Defense Production Act orders authorize federal support for oil, coal, liquefied natural gas, and grid infrastructure as industry profits increase during Iran conflict.
Trump’s Iran war drives more than $100 billion to fossil fuel...
Analysis finds oil and gas price spikes linked to the conflict have shifted massive wealth from households and businesses to major energy companies while lawmakers propose taxing windfall profits.
State Department purge left US exposed as Iran war sent energy...
Internal layoffs removed the very officials who would have modeled oil supply disruptions, coordinated with Gulf energy partners, and prepared for retaliatory strikes as war with Iran drove gas and crude prices sharply higher.
Big Oil profits surge as Democrats push windfall tax tied to...
Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.
How America can lower gas prices like other countries
While you pay through the nose at the gas pump, Big Oil is lining its pockets.
Price gouging at the pump results in 235% profit jump for...
"Make no mistake; these profits mark a large transfer of wealth from working- and middle-class people to wealthy oil executives and shareholders," said Jordan Schreiber of Accountable.US.










