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In the short term, there's not much Congress or the president can do to shield Americans from even higher prices at the pump.

In the short term, there's not much Congress or the president can do to shield Americans from even higher prices at the pump.

The Interior Department's next steps on renewables, oil and gas, and mining could help determine whether the Biden administration can secure a clean

“He’s walking the tightrope,” said energy industry analyst Parker Fawcett with S&P Global Platts, noting that Keystone and ANWR came without huge political costs because they were aimed at future projects. “Those easy wins don't necessarily have huge impacts on the market today,” Fawcett said. “He is definitely backing off taking drastic action that would rock the market. ... What you’re going to see is U.S. oil production is going to continue to rebound.” Haaland has sought to tamp down Republican concern over potential constraints on the industry. She said during a House Nat...

KXLY July 12, 2021 3:34 PM By MATTHEW BROWN Associated Press Posted: Updated: Charlie Riedel FILE - In this April 24, 2015, file photo, pumpjacks work in a field near Lovington, N.M. The Biden administration has approved thousands of drilling permits since taking office despite a campaign pledge to end fracking on federal land. Mead Gruver FILE - In this Feb. 26, 2021, file photo, an oil well is seen east of Casper, Wyo. Federal officials have approved thousands of new oil and gas drill permits since President Joe Biden took office in January, disappointing environmentalists who wan...