3406 News Items Found
March 2, 2021
Why are Gas Prices Going Up?
Some have said that President Biden's cancellation of the Keystone XL pipeline early in his presidency would quickly result in higher gasoline prices — but that's not the case, said energy fellow Mark Finley. For starters, the pipeline wasn’t operating yet. "Revoking it does nothing to today’s balance" of supply and demand, he said. On the supply side, OPEC and Russia have made voluntary production cuts, which has the effect of raising prices, Finley said, and U.S. companies are investing less in finding new sources of oil.
Read more at Politifact.
March 1, 2021
Why the U.S. Should Help Saudi Arabia
President Biden’s approach to Saudi Arabia so far is mostly a reversion to the pre-Trump status quo, rather than an overdue and fundamental shift in policy, wrote nonresident scholar Annelle Sheline. Still, "while many rightly consider engagement with MBS distasteful, for the sake of Saudi and American citizens as well as the global climate, Biden should help [him] achieve his more admirable goals while constraining his malignant inclinations."
Read Sheline's op-ed for Politico.