Crude oil prices began trade this week with a decline as traders took profit and prepared for the Fed’s rate decision, due later this week. Expectations are for another rate cut that would boost prices.
In a statement posted on its website, the Energy Workforce & Technology Council (EWTC) said a coalition of oil and gas trade associations “has issued an urgent call to House Speaker Mike Johnson for immediate action on permitting reform before the close of the 118th Congress”.
Curious Minds Corner
What is the name of the pipeline that transports oil from Canada to the United States?