Former New York City mayor Michael Bloomberg recently announced that he is “shooting for the moon” and spending $500 million “to close every coal-fired power plant in the United States and halt the growth of natural gas,” through a Beyond Carbon campaign led by the Sierra Club. But the proposal is out-of-touch with reality and
Read More...The United States – currently the third largest exporter of liquefied natural gas – will surpass Australia and Qatar to become the world’s largest exporter of LNG within five years, according to a recent International Energy Agency report. The United States Will Continue to Rapidly Grow Its LNG Exports. The United States exported nearly 1.6
Read More...“Keep It In the Ground” activists have zeroed in on pipeline infrastructure in recent years for activities that risk danger to people and the environment while causing costly construction delays. In response, the U.S. government and multiple states have proposed or passed legislation to address the significant safety concerns created by these activists’ actions. Most
Read More...Environmental activists who have cheered the ongoing power transition in the United Kingdom — which went a record 18 days and 6 hours of powering its electric grid without using coal — are overlooking an inconvenient fact for their cause. The UK was able to maintain its grid stability by increasing its use of natural
Read More...Massachusetts Attorney General Maura Healey is in the hot seat over her use of two privately-funded attorneys in her state government office whose work is focused on clean energy, climate change, and prosecuting oil and gas companies. The attorneys are paid via a $6 million grant from billionaire and former New York City Mayor Michael
Read More...The activists at Oil Change International said they wanted to dispel what they call the “myth” that American natural gas is a solution to climate concerns in their latest report on our clean energy future. Instead, they relied on and repeated their own tired “Keep It In the Ground” (KIITG) myths while ignoring key data
Read More...There is more good news for Americans looking to start a career in the oil and natural gas industry: Petroleum engineering tops the list of highest-paid college majors in 2019, according to CNBC. The network analyzed census data from career planning site Zippia on graduates with 174 majors, and the results are clear: “When looking
Read More...It’s a bright day for Fort Lauderdale. Despite a full-court press by climate activists, city officials have decided not to pursue a climate liability lawsuit. This is a blow for climate activists, who are hoping to expand their litigation campaign into Florida. Over the past six months, lawyers and environmental groups have devoted considerable time and
Read More...Last week, environmental activists upped the pressure on ExxonMobil and Chevron shareholders to pass extreme resolutions on climate change. Shareholders sent a clear message: no thanks. Chevron’s shareholder meeting included two climate resolutions: a measure to create a new board committee on climate and another demanding the creation of a report tracking Chevron’s emissions against the
Read More...The activist who wrote a 2012 memo encouraging anti-fracking groups to connect health problems and fracking even when no evidence existed to support the claims recently co-authored a report admitting that the vast majority of scientific research shows no harmful air pollutants near oil and natural gas sites. As the report explains, “Air pollution near
Read More...Louisiana is a key player in producing and refining America’s oil and natural gas resources, and as such has been the target of “Keep It In the Ground” activism that has particularly focused on an important piece of critical infrastructure: pipelines. Recently, the national interest groups Center for Constitutional Rights and 350.org joined with at
Read More...The United States is experiencing record-breaking oil and natural gas production, led by America’s independent oil and natural gas producers, according to a new IHS Markit report. The report, which was commissioned by the Independent Petroleum Association of America, finds that these independent producers – companies that do not have midstream or refining operations –
Read More...American shale production continues to dramatically reshape world energy markets—not only by lowering prices, but also by ensuring price stability, according to a new report by the Dallas Federal Reserve. From the report: “The oil price that companies need to profitably drill new wells has closely tracked prices for long-dated oil futures in recent years.
Read More...After being quiet for months, the #ExxonKnew campaign team was back to their cherry-picking ways last week when they tried to seize on a single chart —out of literally thousands of documents – to malign an energy company on the impacts of climate change. For those that need a quick refresher, two publications, InsideClimate News
Read More...Not only have there been no large increases in U.S. methane emissions over the last decade, but previous studies have significantly overestimated these emissions from U.S. oil and natural gas production, according to a new peer-reviewed study from the National Oceanic and Atmospheric Administration. As CIRES research scientist and study lead author Xin Lan told
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