The agency in charge of overseeing the United States' oil reserves was plagued with gross mismanagement that in at least one case allowed the companies being inspected to fill in their own audit reports, an Inspector General's report will reportedly reveal this week.
The report also found that during the tenure of President George W. Bush, from 2005 to 2007, "inspectors accepted meals, tickets to sporting events and gifts from at least one oil company while they were overseeing the industry," the Times said.
President Trump has selected a Democrat to chair the Federal Energy Regulatory Commission (FERC) — a...
Drone strikes on Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity,...
