Post Tagged with: "White House"

Oil Futures Extend Gains on Larger-Than-Expected U.S. Crude Draw

Oil Futures Extend Gains on Larger-Than-Expected U.S. Crude Draw

From Reuters


Oil prices rose in volatile trade on Tuesday supported by expectations of a drawdown in U.S. crude inventories, though gains were capped by worries about a recession and uncertainty over a China-U.S. trade deal.

Brent crude LCOc1 settled …

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

Caught in Tariff War, Sinopec Seeks Waiver for Imported U.S. Oil: Sources

From Reuters


China Petroleum & Chemical Corp, or Sinopec, is seeking a tariff exemption for U.S. oil being imported in coming months, sources familiar with the matter said, after Beijing late last week imposed retaliatory tariffs on U.S. goods, including …

Oil Falls 1% as U.S.-Iran Optimism Faces U.S.-China Trade Deal Hopes

Oil Falls 1% as U.S.-Iran Optimism Faces U.S.-China Trade Deal Hopes

From Reuters


Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France’s president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a U.S.-China trade deal.…

Oil Spills Into U.S.-China Trade War, Prices Slump

Oil Spills Into U.S.-China Trade War, Prices Slump

From Reuters


China on Friday said it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global …

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

From Reuters


President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession.

Trump, who has …

Right-Wing Groups Ask Trump Not to Intervene With Citgo

Right-Wing Groups Ask Trump Not to Intervene With Citgo

From The Houston Chronicle


A bevy of right-wing groups are asking the Trump administration not to intercede on behalf of the Venezuelan opposition government to keep Citgo Petroleum from being seized and auctioned.

The Houston-based refiner Citgo is owned by …

Gale Norton Joins Liberty Oilfield Services’ Board of Directors

Gale Norton Joins Liberty Oilfield Services’ Board of Directors

By Tyler Losier, Energy Reporter, Oil & Gas 360

Liberty Oilfield Services appoints Gale Norton to its board of directors
Gale Norton, former secretary of the interior for the George W. Bush White House, will be joining Liberty Oilfield Services

U.S. Says Trade Talks Resuming as China Demands End to Tariffs

U.S. Says Trade Talks Resuming as China Demands End to Tariffs

From Bloomberg


Kudlow says Lighthizer, Mnuchin, Liu have been in contact, Beijing says existing duties must be removed to reach a deal

The Trump administration said trade talks with China are starting up again as Beijing reiterated that it’s essential …

White House Trade Adviser Navarro, Senator Grassley Believe Mexico Tariffs Unlikely to Happen

White House Trade Adviser Navarro, Senator Grassley Believe Mexico Tariffs Unlikely to Happen

From Reuters


WASHINGTON (Reuters) – A White House trade adviser and a leading Republican senator said on Wednesday that a U.S. plan to impose tariffs on Mexican goods might not go into effect, offering hope for Mexico and American businesses …

White House Budget Increases Funding for Energy Development on Public Lands and Offshore, Continues to Streamline Permitting

White House Budget Increases Funding for Energy Development on Public Lands and Offshore, Continues to Streamline Permitting

The White House released its FY 2018 budget proposal today, entitled “America First – A Budget Blueprint to Make America Great Again.”

The White House proposes a budget that will increase funds in support of energy development on public lands …

President Adds 26 Attorneys to Office of White House Counsel

Today President Trump announced 26 additional members of the White House Counsel’s Office who are serving under White House Counsel Donald F. McGahn II, according to the White House press briefing.

The full list of appointees is below [source: The

March 7, 2017 - 2:44 pm Closing Bell Story‎, Law
New White House Immediately Launches Energy Plan Embracing Shale

New White House Immediately Launches Energy Plan Embracing Shale

The White House says it is focused on lifting climate-driven restrictions, developing $50 trillion in oil and gas, opening up federal lands and developing clean coal

President Trump wasted no time moving forward his energy intentions.

After being sworn in …

Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

Obama Directs $4.5 Billion in U.S. Government Loan Guarantees to Speed the Adoption of Electric Vehicles

With less than six months remaining in his stay at the White House, President Obama has come out with a program to use the U.S. taxpayers’ money to guarantee loans for parties who are working to accelerate the adoption of …