WASHINGTON — House Democrats on Wednesday accuse oil companies of “ripping off the American people” and putting profits before production as Americans suffer from ever-increasing gasoline prices amid the war in Ukraine. “At a time of record profits, Big Oil is refusing to increase production to provide the American people some much needed relief at […]
For years politicians have said the booming American oil industry would make the country “energy independent.” Indeed, the United States is the world’s largest producer of oil. That puts it two spots ahead of Russia, which shocked the world — and oil markets — by invading Ukraine. Saudi Arabia is the second-largest producer The move […]
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