Environmental activists continue to try to set the narrative that the upcoming COP28 summit and push for a clean energy transition won’t be successful because of influence from the oil and gas industry. But the truth is the opposite: an energy transition without the oil and gas industry is what is doomed to fail. In
Read More...An open letter penned by the ‘We Mean Business Coalition’ this week calls upon the Heads of State attending COP28 to commit to phasing out fossil fuels entirely from the global energy system. However, the letter ignores the dangerous implications that a total phase-out of fossil fuels would have on international energy security and local
Read More...The data keep stacking up against tenuous “peak oil” claims. While the International Energy Agency forecasts that global oil demand will peak within the next decade, it also confirms that fossil fuels are necessary for the “secure operation of the overall energy system for many years to come.” Ahead of the anticipated update to its
Read More...The Biden administration has approved a record low number of new offshore oil wells, according to a new data analysis by E&E News, adding to a long list of antagonistic moves against the oil and gas industry. Analyzing data since the George W. Bush era, E&E News found that offshore permitting hit a 19-year low
Read More...Energy research firm Rystad Energy forecasts a need for “rapid growth” in natural gas supply in order to meet continuing global gas demand, even as the U.S. Energy Information Association (EIA) reports that the United States broke records in natural gas exports in the first six months of 2023. New Natural Gas Production Needed to
Read More...From Americans sent home without pay for an unknown amount of time to the shutdown of most government services, a federal shutdown could have far-reaching consequences across the country, including to our nation’s energy security. It’s no secret that under the Biden administration, there has been increased uncertainty for producers developing oil and natural gas
Read More...Bill McKibben, long-time climate activist and co-founder of “Keep It In the Ground” organization 350.org, is coming to the heart of natural gas country for the Pennsylvania Climate Convergence conference on Saturday. McKibben has previously stated he’s on a mission to “kill” the oil and natural gas industry and has compared the industry to “the
Read More...“Ohio will likely set a new record for oil production this year,” according to Chief of the Division of Oil and Gas Resources Management for the Ohio Department of Natural Resources Eric Vendel. The comments were made at the National Association of Royalty Owners-Ohio’s conference in Cambridge in September, and reflect data from the ODNR
Read More...In a wide-ranging, nearly four-hour hearing this Wednesday, members of the House Committee on Oversight and Reform took a deep dive into the shadowy third-party litigation financing industry and the ethical issues that arise when well-funded activists manipulate the civil justice system. While some members of the Committee framed this potentially ethically-challenged financing method as providing
Read More...The U.S. oil and natural gas industry continues to drive methane reductions across the supply chain, making progress across key performance categories even as production increased, according to data released by the Environmental Partnership in their fifth annual report. The Partnership, a voluntary initiative representing nearly 70 percent of U.S. onshore oil and gas operations,
Read More...Grid reliability – driven by natural gas – is paramount to ensuring equitable, affordable access to energy for Americans across the United States, especially those living in areas prone to extreme weather events. This summer, many parts of the United States. saw record-breaking temperatures, which increased demand. Peak demand, alongside the shift towards electrification,
Read More...Natural gas is a critical component of the future energy system, according to Federal Energy Regulatory Commission Chairman Willie L. Phillips. Chairman Phillips, a Biden appointee, made the remarks at the Gastech Conference – the leading LNG global event – in Singapore this week, explaining: “This convening of global energy leaders at Gastech in Singapore
Read More...The oil and gas industry continues to deliver record-breaking revenue for New Mexico and will reach unprecedented levels in Fiscal Year 25. The Albuquerque Journal details this record revenue: “Fueled by an incredible oil and gas boom and strong consumer spending, New Mexico’s financial reserves reached about 52 percent of ongoing state spending this summer
Read More...American energy production was top of mind at the GOP debate in Milwaukee as several candidates voiced support of the oil and natural gas industry. While no question was asked specifically by the moderators about American energy, many of the candidates pointed to unleashing domestic energy production as a means to increase energy security and
Read More...Benjamin Franklin once said: “In this world, nothing is certain except death and taxes” – that, and that the “Keep It In the Ground” Ohio River Valley Group will use junk science to peddle misinformation discounting the massive benefits natural gas has on the Appalachian region. Important reminder: The Ohio River Valley Group (ORVI) is
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