Energy

U.S. Shale Could Be The Biggest Winner Of The Latest OPEC Cuts

by Julianne Geiger
OilPrice.com

According to oilprce.com, “From the drastic oil embargos of the ‘70s to the all-out oil price war of 2020, OPEC policies have threatened to upend the United States’ use and production of crude. But the group’s latest policies may be a lifeline for U.S. shale, which is struggling under the weight of the new pandemic world order.”

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The World’s Next Giant Oil Discovery Could Be Here

by Editor of oilprice.com
Yahoo Finance

According to the authors, “During the Permian era, there was only one continent…And the earth’s vast ocean was teeming with marine plants and animals.  This organic matter fell to the bottom of the sea… and over time turned into high-quality thick oil.  The world’s most famous Permian formations are currently in the US.”

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New Trump EPA policy would rule out emissions controls for all industries but power plants

by Abby Smith
Washington Examiner

“The Environmental Protection Agency has released a rule setting a new threshold for the agency to meet before it regulates greenhouse gas emissions from an industry, a last-ditch effort to protect businesses from strict climate mandates,” according to the Washington Examiner.

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Why We’re Ending the EPA’s Reliance on Secret Science

by Andrew Wheeler
The Wall Street Journal

“. . .  the work of the Environmental Protection Agency—to protect human health and the environment—shouldn’t be exempt from public scrutiny. This is why we are promulgating a rule to make the agency’s scientific processes more transparent,” according to the EPA administrator, Andrew Wheeler.

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Keep calm, and keep drilling for oil and gas

Washington Examiner

“It is not worth arguing whether the world has a lower-carbon or carbon-neutral future ahead of it. It certainly does, even without any central planning effort. The United States, without any grand plan or signed treaty, has seen its carbon emissions decline dramatically over the last 15 years. Fracking, by allowing natural gas to replace coal on a large scale, has already reduced U.S. greenhouse emissions more than all of the environmental activism in the history of man combined,” according to the Washington Examiner.

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