Pace of Biden Fossil Fuel Attack Pleases Climate Activists
Oil and gas companies knew they would face a fight with President Joe Biden, who had campaigned on tackling climate change. Nobody expected fossil fuel to come under such an Continue Reading
Texas Oil Export Hub Sees China Demand Uptick
America’s main oil-export hub sees demand picking up from China this year. (Bloomberg) — America’s main oil-export hub sees demand picking up from China this year even as a resurgence Continue Reading
Kerry, AOC and Bernie Find a New Path in Climate Change Fight
As President Joe Biden’s Special Presidential Envoy for Climate, John Kerry will play perhaps the most critical role internationally in managing a planetary crisis. To succeed, he’ll need to repair Continue Reading
Decaying Urban Gas Lines Leaking Methane Fuel Global Warming
About two hours into our drive around Utrecht, a city of 358,000 near the center of the Netherlands, the display providing a real-time readout of ambient methane levels begins to Continue Reading
US economy shrank 3.5% in 2020 after growing 4% last quarter
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the Continue Reading
US jobless claims drop; still at 847,000 as pandemic rages
The number of Americans applying for unemployment benefits fell but remained at a historically high 847,000 last week, a sign that layoffs keep coming as the coronavirus pandemic continues to Continue Reading
U.S. Pauses Rule That Says Banks Can’t Reject Loans To Oil & Gas
The Office of the Comptroller of the Currency (OCC) is pausing the publication of a rule that would make large American banks unable to deny lending money to oil and Continue Reading
US natural gas in storage falls less than expected but massive draw looms
US working natural gas stocks dipped less than the market expected last week, leading to a dip in the Henry Hub prompt month, but a cold spell seizing most of Continue Reading
Biden order indefinitely postpones March lease sales in Gulf of Mexico, Western states
President Joe Biden’s new moratorium on oil and gas lease sales will indefinitely postpone all lease sales previously scheduled under the Trump administration for both onshore acreage and for parcels Continue Reading
Airlines Could Reduce CO2 Emissions With Better Use of Wind
Airlines could “substantially” reduce their fuel consumption if planes become more efficient at riding the wind, according to new research. Commercial flights between New York and London during the 2019-2020 winter Continue Reading