FROM THE OIL PATCH

The Trump administration is authorizing the sale of sanctioned oil tankers in an effort to allow the vessels to start legitimately shipping crude, US Energy Secretary Chris Wright said. The US government is working with investors who buy idled sanctioned tankers, refurbish them and use the ships to transport non-sanctioned oil,

The cost of shipping oil on the largest tankers fell this week from record highs as demand eased following a wave of attacks on vessels in the Middle East and as the US considered easing sanctions on the so-called shadow fleet. Freight rates for supertankers, also known as very large

Recent polls show voters blame Republicans for the elevated costs. Gas prices are set to be the highest for any Election Day in U.S. history Tuesday, as the issue weighs heavily on voters’ minds. The average gas price as of Monday is $4.17, according to data from AAA. That is

CONGRESS IS BACK NEXT WEEK, SO WHAT’S THE LATEST ON PERMITTING? In just one week, the Senate is expected to hold a preliminary vote on the bipartisan permitting reform bill, commonly known as BAAJA. Environmental and climate organizations are lobbying Democrats to vote against the legislation, while clean energy groups