A key claim from environmental activists and supporters of the Biden administration’s export ban is that increased LNG exports drive up domestic prices. But data continuously shows this is demonstrably false: SHOT: CHASER: #TodayInEnergy – Henry Hub daily #naturalgas spot price fell to record lows in February https://t.co/ldjILFNpDu pic.twitter.com/VSjG2HBybd — EIA (@EIAgov) February 28, 2024
Read More...There has been much discussion for more than a decade about the chemical additives used in hydraulic fracturing fluid and the disclosures associated with these chemicals. On both fronts, the natural gas and oil industry has consistently delivered in the name of transparency and accountability. Even so, every few years, a familiar group of activists
Read More...The billionaire-funded climate litigation campaign against American energy companies has accomplished little in the near decade since its start, with the cases mired in procedural issues and setbacks along the way. Recognizing this, it appears the leaders of the Rockefeller foundations – the central strategists and financial backers of the lawsuits – have decided to hedge their lawfare bets and pursue
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...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...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...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
Read More...Embracing America’s abundant oil and natural gas recourses, protecting consumer choice, and prioritizing affordability, reliability, and sustainability are core tenets of the American Petroleum Institute’s 2024 State of American Energy (SOAE) that will “keep the lights on” for consumers across the country. It’s no secret that U.S. oil and natural gas is the cornerstone
Read More...Natural gas bans have been a hot-button issue through 2023 year since the Consumer Product Safety Commission (CPSC) stated that it was considering banning natural gas stoves in January. While the Biden administration and agency officials have publicly backtracked on their desire to ban gas stoves, their actions and regulations over the year show their
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