Surging production that made 2018 a banner year for U.S. oil and natural gas is carrying into the new year, data show. Success in shale development across the country spurred natural gas production to hit a new record high in 2018 for the second consecutive year. Meanwhile, oil production continues to outpace 2018’s record highs
Read More...District of Columbia Attorney General Karl Racine’s investigation of ExxonMobil over climate change has opened the door to hedge funds and other monied interests to directly profit from the #ExxonKnew campaign. Last week, Racine went public with his plans to begin a formal inquiry into the energy company’s business practices. Racine is not the first
Read More...This Thursday, the European Parliament’s (EP) Committee on Petitions and Committee on the Environment, Public Health and Food Safety will hold a joint hearing on “Climate Change Denial,” specifically focusing on ExxonMobil and the #ExxonKnew campaign. The hearing was scheduled as a result of a petition submitted to the EP by Food & Water Watch Europe, the
Read More...The United States leads the world in carbon emissions reductions – a fact that has been widely attributed to the increased use of natural gas made possible by shale production. As EID’s latest fact sheet highlights, these incredible emissions reductions have occurred at the same time that U.S. oil and natural gas production has skyrocketed
Read More...The United States is approaching the dawn of a new American energy era, marked by energy abundance, security and choice, speakers said at this year’s CERAWeek by IHS Markit conference in Houston. Thanks to the shale revolution, the United States now leads the world in oil and natural gas production. The International Energy Agency this
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