US Economy

API says Obama’s offshore policy reversal shuns American consumers, national security

API claims President Obama’s decision will cost America jobs, business opportunities, and tax revenue WASHINGTON – API CEO Jack Gerard says the Administration’s offshore oil and natural gas policy is inconsistent with the will of American voters, governors and members of Congress who overwhelmingly support offshore oil and natural gas exploration and development. “The decision appeases […]

API says Obama’s offshore policy reversal shuns American consumers, national security Read More »

Low oil prices have had significant impact on US economy: Warren Buffett

Low oil prices mean producing states under severe pressure OMAHA, Neb. _ Billionaire Warren Buffett said the U.S. economy appears weaker than he thought it would be as recently as last fall, but that doesn’t change his optimistic long-term view of the country’s prospects. Buffett appeared on CNBC Monday and addressed a variety of topics

Low oil prices have had significant impact on US economy: Warren Buffett Read More »