ENERGY

Authored by James Varney via RealClear Wire,

After years as a federal agent helping the Drug Enforcement Administration hunt drug lords across Central Asia, and years more teaching in Maryland classrooms, Robin Shaffer anticipated a quiet retirement watching the deep swells roll across the Atlantic and crash on to the broad Jersey Shore.

Instead, he finds himself embroiled in a fight. As a leader of a grassroots group, Protect Our Coast NJ, Shaffer, 53, is taking on an (more…)

Oil prices closed higher on the day, after a roller-coaster ride down this morning after Russia’s Central Bank reiterated expectations that OPEC+ may consider an increase in output at the beginning of 2024, but that was quickly pushed back on by Russian Deputy Prime Minister Alexander Novak.

Crude traders are also tracking events in Barbados, where Venezuela’s government is expected to sign a deal with the US-backed opposition later on Tuesday. In exchange for a freer (more…)

The Biden White House is set to significantly ease US sanctions on Venezuela's oil industry as part of a deal for "freer" elections. 

Oil prices reacted immediately, diving sharply, on The Washington Post report, stating, "The Biden administration and the government of Venezuelan President Nicolás Maduro have agreed to a deal in which the U.S. would ease sanctions on Venezuela’s oil industry and the authoritarian state would allow a competitive, (more…)