Remember the Boulder climate lawsuit? It certainly doesn’t get much attention these days in the state, but a recent legal development could spell trouble for the case. The Colorado Supreme Court recently signaled it may intervene in the ongoing lawsuit, adding uncertainty to Rockefeller-financed climate nuisance litigation campaign that’s seen a series of recent setbacks
Read More...After failing to find any evidence of price gouging under a new law enacted last year, it appears California Governor Gavin Newsom has decided to pivot from price controls to new regulations for refiners. This week California Governor Gavin Newsom proposed a new law that would institute a minimum gas reserve requirement for refiners that
Read More...Oil and natural gas producers continue to make emissions reduction advancements, including reducing flare intensity despite record production, according to the Environmental Partnership’s latest annual report. The Environmental Partnership (TEP) is a voluntary coalition representing nearly 70 percent of U.S. onshore oil and natural gas production in 47 out of 50 states, with the mission
Read More...Adding to the continued blows against the activist narrative that U.S. liquefied natural gas (LNG) is bad for the environment, a new study analyzing the lifecycle of greenhouse gas emissions (GHG) found that U.S. LNG exports are environmentally beneficial in comparison to alternative fuels. The study, commissioned by Natural Allies for a Clean Energy Future
Read More...The Biden administration this week appealed a Louisiana federal court decision that halted its pause on LNG exports – a pause that has garnered bipartisan backlash, especially with key swing state Democrats in places like Pennsylvania. Now, as Vice President Kamala Harris debuted her Presidential ticket in Pennsylvania – the second largest natural gas producing
Read More...The state of California issued a new report that acknowledges potential margin regulations on retail gas dealers may make gas price spikes even more painful for consumers. The report, released last week by California Energy Commission (CEC) staff, assessed the feasibility of a variety of proposals to rein in gas prices under the state’s gas
Read More...California Governor Gavin Newsom’s campaign to blame oil companies for alleged gas price gouging is falling flat with voters, according to a recent poll. The survey, conducted in June on behalf of a firm active in California’s carbon credit marketplace, shows Californians overwhelmingly blame the state’s gas tax and uniquely burdensome regulatory requirements for high
Read More...With President Biden upending the Presidential race by formally withdrawing and endorsing Vice President Kamala Harris, the future of energy policy could also see some significant changes under a future Harris administration. In many ways, Harris will be associated with many of the current president’s key initiatives, representing the White House as part of the
Read More...Continued investment in oil and natural gas is critical while carbon capture and removal technologies will play a key role in meeting decarbonization targets, according to oil and natural gas supermajor bp in its 2024 Energy Outlook. BP’s energy outlook assesses two scenarios: current trajectory and net zero. The current trajectory scenario is meant
Read More...On July 5, the U.K.’s Labour Party secured a landslide victory in the General Election, winning 412 seats out of 650, and marking a significant shift in the U.K.’s political landscape. Following the election, the U.K. oil and gas industry continues to voice concerns over Labour’s pledges to extend the windfall tax and end new
Read More...Environmental activists are leading the charge in calling for President Biden’s ouster following his widely-panned debate performance. The group Climate Defiance is planning a “protest and blockade” outside the Democrat National Committee on Friday to protest Biden’s nomination and rumors of a potential virtual rollcall to hasten Biden’s nomination, E&E News reports. Climate Defiance, a
Read More...This June the Colorado Oil & Gas Association released its updated 2023 Community Impact Report, showcasing the industry’s ongoing commitment to supporting Colorado communities and the sector’s continued advances in environmental innovation. This year’s report again shows Colorado energy producers and their employees remain committed to driving down emissions and giving back to strengthen communities
Read More...American energy continues to dominate as U.S. oil and natural gas are credited with playing a key role in meeting domestic and global energy demands in 2023. The Energy Institute’s (EI) 2024 Statistical Review of World Energy provides numerical insights into global energy production, consumption, trade, and emissions from 2023, and highlights the United States’
Read More...The second quarter of 2024 saw slight shifts in oil and natural gas activity, but major changes are looming on the horizon, according to new data from the Dallas Federal Reserve Energy Survey. According to the latest quarterly survey of oil and natural gas operators in the Permian basin, oil and natural gas production was
Read More...Department of Energy Deputy Secretary David Turk defended his administration’s LNG pause while repeatedly dancing his way around questions on when it would end at Wednesday’s House Science, Space, and Technology hearing on the DOE Fiscal Year 2025 budget proposal. In response to questions on the timeline, Dep. Sec. Turk repeatedly answered: “What we are
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