http://www.worldoil.com WorldOil Europe’s energy crisis about to worsen as winter arrives https://www.worldoil.com/news/2021/11/26/europe-s-energy-crisis-about-to-worsen-as-winter-arrives Energy prices in Europe are repeatedly breaking records even before winter really kicks in, and one of the most damaging cost crunches in history is about to get worse as the temperature starts to drop. U.S. seeks to boost oil royalties to account for climate change https://www.worldoil.com/news/2021/11/26/us-seeks-to-boost-oil-royalties-to-account-for-climate-change The Biden administration on Friday issued a long-awaited blueprint for overhauling oil and gas development on federal lands that includes boosting royalty rates despite high gasoline prices that have spurred demands to accelerate domestic production. OPEC expected to take cautious approach to oil demand at December meeting https://www.worldoil.com/news/2021/11/26/opec-expected-to-take-cautious-approach-to-oil-demand-at-december-meeting The oil producers’ group OPEC+ will likely take a cautious stance when deciding this coming week whether to go ahead with planned output increases after the emergence of a new coronavirus variant sent crude prices tumbling, according to Vitol Group. Biden says U.S. gasoline prices will fall, but it’ll take time https://www.worldoil.com/news/2021/11/26/biden-says-us-gasoline-prices-will-fall-but-it-ll-take-time Americans will see prices at the pump fall “before long,” President Joe Biden said after tapping U.S. oil reserves to ease price pressures and risk a feud with OPEC. https://www.worldoil.com https://www.worldoil.com https://www.worldoil.com https://www.worldoil.com https://www.worldoil.com https://www.worldoil.com