When President Biden banned fossil fuel leases on federal lands, he left out coal — the fossil fuel most widely blamed for global warming. It was a conspicuous omission for a president who has vowed to make the electric grid carbon-free by 2035 and who has said the world’s “future rests in renewable energy.” SourceContinue Reading
Why China Can’t Replicate America’s Shale Boom | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Jan 27, 2021, 7:00 PM CST China has been betting big on developing its shale...Continue Reading
New Oil Deals In Iraq Carry Serious Geopolitical Implications | OilPrice.com Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info Related News By Julianne Geiger – Jan 27, 2021, 6:30 PM CST Near the beginning of December, Bloomberg sources suggested...Continue Reading
The Real Reason Tesla’s Stock Exploded In 2020 | OilPrice.com Premium Content By Paula White – Jan 27, 2021, 6:00 PM CST Tesla’s been the hottest stock on the market over the last year, but most people have overlooked what we think is the most important reason for their success. It’s the reason their shares...Continue Reading
Duke Energy Customers Could Pay $5 Billion For Stranded Plants | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Jan 27, 2021, 5:30 PM CST Customers of Duke Energy in the Carolinas could end up paying more than $4.8 billion for...Continue Reading
President Joe Biden took executive action on Wednesday to block new leases for oil drilling on federal lands and waters for one year and ordered a review of fossil-fuel subsidies and other measures to overhaul how the U.S. produces energy. SourceContinue Reading
“There is never a good time to disrupt domestic energy production, especially during a pandemic, but doing so at a time when our nation is in need of economic recovery is especially counter-productive and short-sighted,” said U.S. Chamber of Commerce Global Energy Institute President Marty Durbin. SourceContinue Reading
Western Energy Alliance, which says it represents 200 oil and natural gas companies, said the administration’s suspension of leases is “unsupported and unnecessary,” and an overreach by the U.S. Bureau of Land Management, according to a petition filed Wednesday in Wyoming federal court. SourceContinue Reading
IEA: Energy Transition In Developing Economies Crucial To Climate Goals | OilPrice.com Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Related News By Michael Kern – Jan 27, 2021, 4:30 PM CST Massive investment in renewable energy in the developing economies, which are set to produce most of...Continue Reading
BlackRock Is Turning Up The Heat On Oil Companies | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Jan 27, 2021, 4:00 PM CST The more your firms are seen to embrace the climate transition and the opportunities it...Continue Reading
