Germany and the European Union answered calls to sign on to a pact calling for a fossil fuel phaseout during preparatory talks on COP28 this week with a resounding “no”, delivering a blow to efforts calling for the immediate and hasty scale down of essential oil and gas resources. The High Ambition Coalition (HAC),
Read More...Trade groups including the Independent Petroleum Association of America (IPAA) and the American Petroleum Institute (API) submitted comments this week to the Bureau of Ocean Energy Management (BOEM) urging the Biden administration to remove continued barriers to offshore energy production. Arguing that offshore leasing in the Gulf of Mexico (GOM) is critically important to American
Read More...This week, Sen. Joe Manchin (D-WV) joined Senate Republicans in voting to strip the salary of embattled National Highway Transportation Safety Administration (NHTSA) Acting Administrator Ann Carlson. On Tuesday, the Senate voted on an amendment to a spending bill that would defund Carlson’s position as Acting Administrator, a role that Republicans in the Senate claim
Read More...A new analysis by Inside Climate News attempting to quantify produced water spills in Texas should be viewed with a heavy dose of caution. The analysis lacks a clear methodology, makes misleading assumptions without context, ignores industry best practices, and was authored by an activist outlet with a history of anti-fracking biases. Inside Climate News
Read More...Everything old is new again. This week, U.S. Senator Sheldon Whitehouse (D-RI) came back with a revised version of his spectacularly incorrect “price gouging” theory. Speaking to E&E News about ExxonMobil’s and Chevron’s recently proposed acquisitions, Sen. Whitehouse made the bizarre claim that oil majors are looking for deals because of their “immense levels of
Read More...From frightening plastic masks to elaborate lawn scenes, decorations and props ensure that Halloween remains the spookiest time of the year. However, many may not realize that oil and gas products play an essential role in helping people transform their homes and selves for Halloween. Oil and gas products are critical to various components of
Read More...It’s been a rough few months for the all-electric dream. While the United Auto Workers strike continues to disrupt operations at major automakers’ facilities, carmakers are dialing back their EV production targets due to high costs and slower near-term demand. At the same time, the Environmental Protection Agency (EPA) and National Highway Traffic Safety Administration
Read More...Environmental activists continue to try to set the narrative that the upcoming COP28 summit and push for a clean energy transition won’t be successful because of influence from the oil and gas industry. But the truth is the opposite: an energy transition without the oil and gas industry is what is doomed to fail. In
Read More...An open letter penned by the ‘We Mean Business Coalition’ this week calls upon the Heads of State attending COP28 to commit to phasing out fossil fuels entirely from the global energy system. However, the letter ignores the dangerous implications that a total phase-out of fossil fuels would have on international energy security and local
Read More...Today the International Energy Agency published its 2023 edition of the annual World Energy Outlook report which doubles down on its claim that global demand for coal, oil, and natural gas will all peak by 2030. However as Energy In Depth has written previously, “peak oil” forecasts make good headlines, but often these claims don’t
Read More...Last October, New Jersey’s brand-new Attorney General Matt Platkin filed a climate lawsuit following years of activist pressure in the state. Platkin quickly retained Sher Edling, the law firm representing nearly two dozen plaintiffs in climate lawsuits on a contingency fee basis, while simultaneously accepting outside funds from billionaires and Hollywood stars. Although the contingency fee arrangements in
Read More...When NPR’s Rockefeller-funded Climate Desk article “broke” the news on a new report this week, it took absolutely no time at all to connect the dots to the usual anti-fossil fuel crew behind the effort. A closer look at the report – and reporting – reveals a classic “who’s who” of the funders, activists, and
Read More...As Energy In Depth has discussed extensively, the Biden administration has significantly reduced the number of lease sales and acreage available in the Gulf of Mexico, all under the guise of protecting the Rice’s whale. The administration’s proposal is facing significant criticism, including from bipartisan members of Congress. On Friday, a group of sixteen senators
Read More...As senior lawmakers on Capitol Hill continue to probe Sher Edling’s financing and consulting relationships, new evidence suggests yet another “advisor” has closer ties to the firm than previously revealed. New information reveals that University of Vermont Law professor emeritus Pat Parenteau, a longtime commenter on climate litigation in the media, has worked directly with Sher
Read More...The most recent Federal Reserve Bank of Dallas survey of energy executives operating in Texas, northern Louisiana, and southern New Mexico found that overall activity in the oil and natural gas sector trended up in the third quarter of the year, but cost increases remain a worry. This increase in business activity, seen in the
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