Oil

Report: Joe Biden Asked China to Produce More Oil

The South China Morning Post (SCMP) on Wednesday quoted a “person familiar with the matter” who said President Joe Biden asked Chinese President Xi Jinping to release China’s oil reserves, thus stabilizing the high oil prices that have been helping to drive Biden’s poll numbers down.

US President Joe Biden meets with China's President Xi Jinping during a virtual summit from the Roosevelt Room of the White House in Washington, DC, November 15, 2021. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

You Will Obey: U.N. Demands Further Cuts to Gas, Coal, and Oil Production

The world must slash the output of gas, coal, and oil in the next ten years or global warming will reach dangerous levels, a U.N.-backed study released Wednesday demanded, before lamenting nobody appears to be heeding its continued advice on the matter as fossil fuel production is set to soar over next decade.

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