“It is unacceptable that certain companies and industries are engaged in extreme price hikes under the cover of inflation,” said Rep. Raja Krishnamoorthi. A report released Friday by a panel of the U.S. House Committee on Oversight and Reform highlighted how “certain corporations are using the cover of inflation to raise prices excessively, resulting in record […]
“This is the right thing for President Biden to do,” said Rep. Ro Khanna. “It’s time to hold Big Oil accountable for high gas prices and put that money back in the pockets of Americans.” Following months of sustained pressure from progressive campaigners and members of Congress, President Joe Biden on Monday is reportedly planning to […]
Big oil claimed boosting fossil fuel exports would be a boon to U.S. consumers, but researchers say the “economic instability and damage to local communities and the planet created by this rapid export expansion are only now becoming clear.” In 2015, fossil fuel industry executives and lobbyists adamantly claimed that lifting a 40-year-old ban on U.S. oil exports […]
“The United States must immediately freeze all aspects of our cooperation with Saudi Arabia,” said Sen. Bob Menendez, chair of the Senate Foreign Relations Committee. The Democratic chair of the Senate Foreign Relations Committee pledged late Monday to block all future U.S. weapons sales to Saudi Arabia as backlash over OPEC’s decision to cut oil production […]