Keep pulling the thread on Joe Biden.
The Biden administration imposed a ban on imports of Russian oil, petroleum products, LNG, and coal.
The current five-year plan for oil and gas leasing in the Gulf of Mexico expires at the end of June.
The Department of the Interior chose not to appeal a court ruling that vacated the largest lease sale in the Gulf of Mexico.
Completion of the Mountain Valley Pipeline would add 2 billion cubic feet of natural gas per day to the market.
The European Union depends on Russia for 38% of its natural gas and 30% of its oil consumption.
The price of nickel recently skyrocketed to over $100,000 per metric ton.
The Biden administration has banned new federal leases for oil and gas.
The price of crude oil recently reached $129 per barrel.
In 2021, the U.S. imported nearly 700,000 barrels of Russian oil each day.
The oil and gas industries account for approximately half of Russia's export earnings.
China accounts for approximately 25% of the world's production of non-fuel minerals.
China has established a single state-owned enterprise to control its rare earth mineral resources.