The European Union climate policy chief Frans Timmermans recently expressed support for phasing down all fossil fuels, a move that seemingly runs counter to the efforts this year by many EU countries to increase access to diverse sources of natural gas and oil as sanctions were enacted against Russia. Timmermans said: “We are in support
Read More...A Democrat and two Republicans on the Baltimore County Council are united in opposition to a proposal from the county’s legal office to potentially pursue a climate lawsuit and award a no-bid contract to Sher Edling LLP, the San Francisco-based plaintiffs’ law firm that has received financial support from Leonardo DiCaprio and wealthy foundations. The
Read More...At a campaign event in New York on Sunday, President Joe Biden bragged about stopping oil and natural gas drilling during his time in the White House and vowed to block future production. Biden made the remarks in an apparent back-and-forth with a member of the crowd who was pressing him to stop development in
Read More...As world leaders descend on Egypt for the 2022 United Nations Climate Change Conference (COP27), it’s against a backdrop of a global energy crisis that has countries throughout the world facing energy insecurity heading into the cold winter months. In what should be a solutions-focused event to discuss ways to address shared decarbonization goals, it’s
Read More...In a press briefing this week, President Biden accused oil companies of ‘war profiteering’ and warned of his intention to levy a windfall profits tax in hopes of increasing production and lowering prices. While Pres. Biden did not offer any specifics beyond promising to meet with lawmakers once Congress is back in session after the
Read More...Calling all fact checkers. In a “Twitter Spaces” conversation on Tuesday, Sen. Sheldon Whitehouse (D-R.I.) and Rep. Ro Khanna (D-Calif.) pushed blatantly false and easily debunked claims about oil and gasoline prices and a windfall profits tax in yet another attempt to undermine the American energy industry. The conversation comes a day after President Biden
Read More...Recently a Consumer Reports study was published on natural gas stoves’ impacts on indoor air quality, perpetuating false claims against residential natural gas use. This study isn’t the first time the safety of residential natural gas has been called into question by activists masquerading behind biased research. Activists and their funders started this campaign at
Read More...With just eight days before a high-stakes midterm election, President Biden has a proposal to address inflation and high energy prices – higher taxes. On Monday, following record earnings from oil majors, the President gave a press conference criticizing oil companies’ profits and encouraging Congress to levy additional taxes on American energy companies, ignoring his
Read More...Nothing is scarier on Halloween than a White House that doesn’t understand basic energy economics. Unfortunately, that’s the pattern we continue to see from President Biden who, right before passing out sugary sweets to children at the annual White House Halloween event, will use the podium to attack the U.S. oil and natural gas industry
Read More...Last week, President Biden announced further drawdowns from the Strategic Petroleum Reserve (SPR). While the President claimed that the decision was “not politically motivated at all,” members of the media and current and former legislators were quick to draw connections between the move and the looming midterm elections. According to industry statements and data, the
Read More...New Jersey Attorney General Matthew Platkin filed a climate lawsuit last Tuesday just weeks after being confirmed by the state legislature. Platkin was only confirmed to the role officially last month after serving in an interim capacity for several months – which, in New Jersey, is an appointed position – and it looks like the
Read More...Energy In Depth has written about the natural gas supply constraints New England faces ad nauseum over the last decade – from the policies that have prevented new pipeline capacity to the region turning to Russia during the 2018 polar vortex – but as the Wall Street Journal recently reported, this year could be the
Read More...As the world considers the many challenges posed by the energy transition, a recent National Renewable Energy Laboratory study once again showcases the important role that natural gas will play for affordability and reliability. In its recent study, NREL deemed natural gas the most reliable and cost-effective method to fill the gaps left behind by
Read More...Jamie Dimon, the CEO of the largest bank in America, thinks that U.S. oil and natural gas producers should be incentivized to produce as much energy as possible. Speaking to a CNBC reporter at an event in London, Dimon made the case that U.S. leaders should have encouraged more domestic production, earlier: “In my view,
Read More...The comment period for the next five-year Outer Continental Shelf offshore leasing plan came to a close this past week, bringing the U.S. Department of Interior another step closer to finalizing a plan and resuming leasing in the Gulf of Mexico, despite repeated delays and obstruction throughout the process. Though even with the close of
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