Today’s Key Takeaways:  Demand and Supply lead to more funding for oil industry despite pledges to divest. Oil prices rose as Shanghai’s relaxed COVID-19 restrictions and OPEC warned of replacing Russian oil supply. America can fuel world’s needs for clean-burning natural gas and meet our own domestic requirements. Will the AK redistricting board give Eagle River one or two Senate … read more

Today’s Key Takeaways:  Shell’s 13-year journey from oil discovery to production shows why oil doesn’t ramp up quickly. High premiums for natural gas in Europe led LNG tanker to make U-turn in Pacific Ocean. Treasury Secretary: Too early  to tell on Cryptocurrency. Arctic order destabilized by Russia’s war on Ukraine. NEWS OF THE DAY: Sen. Murkowski is hosting an event … read more

Don’t Blame Big Oil For High Gasoline PricesTsvetana Paraskova, OIlPrice.Com, April 7, 2022 The single biggest component—out of four—in determining the price of gasoline in America is the price of crude oil on international markets. Sales taxes, along with taxes applied by local and municipal governments, can have a significant impact on the price of gasoline in some locations. Big … read more