Oil Prices Spike Over 3% With Announcement U.S. to End ‘Sanctions Waivers’ for Iranian Oil

Oil prices saw a surge today – up a further 3 percent, following reports that Washington is set to announce an end to sanctions waiver on Iranian oil, an announcement set for May 2nd.  As a result, Brent crude oil futures surged to over $74 per barrel, while US crude futures hit highs $65.71 per barrel. Countries which could be affected most by this announcement are Japan, South Korea, Turkey, India and China – all of who will face certain pressure by the US to halt any trade in Iranian…

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Why ending combustion engines would unleash a global environmental and humanitarian catastrophe linked to rare earth elements

(Natural News) Most Americans, regardless of their political, social, and cultural viewpoints like to breathe clean air and drink clean water, don’t want to kill off species for the fun of it, and support laws and regulations that call for smart use of our available resources. But the Left takes environmentalism to the extreme, even… Read More The post Why ending combustion engines would unleash a global environmental and humanitarian catastrophe linked to rare earth elements appeared first on Alternative News Network. Source

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Is the cost of your gasoline about to rise again? Washington looks ready to talk about a tax hike

Source: David Lightman The Trump administration and congressional Democrats have found something they agree on — and it could mean higher taxes on gasoline and diesel fuel. Last week, President Donald Trump’s energy secretary, Elaine Chao, told senators that a gas tax hike was on the table when asked whether the White House would support such a move. And this week, Democrats are indicating that they too are ready to consider a tax increase — an effort that would fund publicly popular infrastructure improvements but has hit a hard wall…

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Trump Pushes to Jump-Start Completion of Keystone Pipeline System First Proposed in 2005

Source: Associated Press (AP) Fourteen years after TransCanada Corporation first proposed the construction of the Keystone Pipeline System to transport crude oil from Canada through points in the United States to the Gulf Coast, President Donald Trump issued a presidential permit on Friday in the hopes of finally getting the job-creating, energy-producing project finished. Because the pipeline traverses an international border, the project has been under the jurisdiction of the U.S. State Department, which has issued several environmental impact statements, all of which concluded: “Keystone XL will have a limited…

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Refinery Woes Send Gas Prices Soaring At The Pump

Source: SAN FRANCISCO (KPIX 5) — Gas prices across California are averaging $1 above the national average and refineries are being blamed for the higher prices. A gallon of gas will cost you $3.79 in San Francisco, $3.57 in San Jose, and $3.56 in Oakland. The national average is $2.67. Prices jumped nearly 40 cents in one week. The Valero refinery in Benicia is one of the reasons why. The refinery experienced a malfunction at the beginning of the month and on Saturday it triggered plumes of thick gray smoke…

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