The state of California recently issued proposed regulations to ban fracking outright, threatening thousands of jobs and billions in economic activity in the Golden State. The proposed rules, issued by the Department of Conservation’s Geologic Energy Management Division this month, fulfill a 2021 order from Gov. Gavin Newsom to issue regulations aimed at ending fracking
Read More...The City of Chicago today announced a climate lawsuit against oil companies, making it the latest city to dedicate taxpayer resources towards a billionaire-backed lawfare campaign that, to date, has only lost on the merits. The lawsuit is supported by familiar faces. The city is being represented by San Francisco-based plaintiffs’ firm Sher Edling, LLP, the law firm serving
Read More...The Biden administration’s LNG permit freeze has sparked national and international debate over LNG export facilities and the LNG industry as a whole. President Biden’s election-year decision has been deemed purely political and detrimental to U.S. energy and economic security, garnering bipartisan, industry and even international opposition. EID has previously debunked the many myths surrounding
Read More...Senator Michael Bennet (D-Colo.) added his name to a growing bipartisan coalition against the Biden administration’s decision to halt approvals of new LNG export terminals. Reuters reports: “Democratic U.S. Senator Michael Bennet opposes President Joe Biden’s decision to pause approvals of new exports of liquefied natural gas, saying on Sunday that it could undercut U.S.
Read More...Explosive new documents have exposed details of the Rockefellers’ coordinated effort to convince the New York Attorney General’s office (NYAG) to launch an investigation into ExxonMobil in 2015. As Fox News reports: “Left-wing nonprofits quietly coordinated a first-of-its-kind investigation into Big Oil led by the New York State Attorney General (NYAG) years ago, sparking dozens of current climate lawsuits, according to
Read More...Billionaire “philanthropists” like the Rockefellers often claim to care about noble causes like the security of the United States’ European allies and reducing greenhouse gas emissions. But it turns out that a campaign targeting liquified natural gas (LNG) exports–which will cause harm to both of those causes–takes priority. A recent Wall Street Journal article details how the Rockefellers, Michael Bloomberg, and other
Read More...The Biden administration’s recent decision to temporarily pause approvals for new U.S. LNG export projects to non-FTA countries is not only endangering domestic energy security and economic prosperity, but is set to have far-reaching negative impacts for the rest of the world when it comes to security of supply and reliance on hostile foreign powers. As
Read More...On Thursday – two days after a hearing from the House Subcommittee on Energy, Climate, and Grid Security – the Senate Committee on Energy and Natural Resources held a hearing to examine the ramifications of the Biden administration’s LNG export freeze. European and American industry experts, as well as bipartisan Congressional members, raised the alarm
Read More...Only a month into 2024, all signs point to this year being particularly consequential for the future of U.S oil and natural gas. On one hand, the International Energy Agency’s latest industry report projected increased global natural gas demand in 2024. At the same time, President Biden’s decision to pause LNG exports approvals has created
Read More...President Biden’s LNG pause has amassed a range of negative reactions and concerns from across the political spectrum. In a House Subcommittee on Energy, Climate, and Grid Security hearing this week, members from both sides of the aisle agreed that Biden’s decision, directly and indirectly, affects the U.S. economy, energy security, global emissions reduction goals,
Read More...The Biden Administration recently announced a temporary pause on the Department of Energy approving new U.S. LNG export projects that the United States does not have a Free Trade Agreement with – an announcement that received immediate criticism from elected leaders, foreign officials, industry leaders, and energy policy experts alike. These officials universally argued that
Read More...The Appalachian Basin produces more natural gas than most countries, with the region’s rich resources playing a major role in ensuring energy security, grid reliability and emission reductions. Therefore, it’s no surprise that leaders in the region from across the aisle have come out strongly against the Biden administration’s recent moratorium on LNG export approvals
Read More...Recent claims suggesting that the Biden administration has granted 50 percent more oil and gas drilling permits on federal land compared to the Trump administration have been circulating in the media – and while that data is accurate, it’s a lot more complex. A closer look at the 2023 data reveals that many of the
Read More...A new report from Resources for the Future (RFF) provides data demonstrating the financial benefits of fossil fuel energy production for local governments and communities. Notably, the report showcases that replacing fossil fuels with renewable resources would strip away millions in critical funding sources that families, businesses, and households rely on. To conduct this analysis,
Read More...U.S. LNG has been a hot button topic in recent weeks as the Biden administration announced it would be reassessing the Department of Energy’s LNG permit approval process last week, followed on Friday with an announcement that it is temporarily pausing pending decisions on LNG exports to non-FTA countries. While the administration is publicly describing
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