Drone Strike Sparks Fire at Russian Oil Refinery, Heightening Conflict with Ukraine

VOLGOGRAD, Russia – A fire erupted at an oil refinery in Volgograd, southern Russia, after a drone strike, local authorities reported. The Lukoil site, located approximately 200 miles from the border with Ukraine, was targeted in the attack, sparking a blaze. The incident occurred as there were reports of increased targeting of energy facilities in Russia by Ukraine. According to Andrey Bocharov, the regional governor of Volgograd, a drone attack was repelled by Russian air …

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Biden’s New Oil Plan Has Some Very Big Flaws

After releasing the largest amount of oil ever from the U.S. emergency petroleum reserve, the Biden administration has signaled that it will soon replenish the reserve, a multibillion-dollar endeavor that it thinks will stimulate the stagnant domestic drilling industry.