by Irina Slav
Oil Price
“Shale companies are making more profit than ever before and, while they are happy to help Biden bring the price of gasoline down, are eager to avoid another oil price crash,” according to Oil Price.
“Is The U.S. Shale Patch Refusing To Pump For Political Reasons?” Read Full Article »
by Vijay Jayaraj
Real Clear Energy
“‘As hosts of the Glasgow COP26 climate conference, UK leaders were models for the meeting’s steady stream of misinformation and fearmongering that came from the likes of Barack Obama and Greta Thunberg,’” according to Real Clear Energy.
“COP26’s UK Hosts Peddle Climate Misinformation” Read Full Article »
Yahoo Finance
“The obvious case for allowing the free market to make decisions in industries like energy is that, when changes are forced instead of adopted naturally (usually via laws or government subsidies), they often work against the interests of efficiency,” according to Yahoo Finance.
“Activist Investor Push To End Coal Mining Is Backfirin” Read Full Article »
by Tsevetana Paraskova
Oil Price
“U.S. shale production is back to growth mode as producers continue to add rigs onshore. Output will continue to climb over the next year as some large oil firms plan to raise spending in the Permian, which has been and will be the key driver of America’s tight oil production growth,” according to Oil Price.
“The U.S. Shale Patch Is Back In Growth Mode” Read Full Article »
by Josh Siege;
Washington Examiner
“The Kigali Amendment, a lesser-known global climate deal compared to the Paris Agreement, calls for the phasedown of potent greenhouse gas refrigerants known as hydrofluorocarbons, or HFCs,” according to the Washington Examiner.
by Sam Meredith
CNBC
“‘Contrary to hopes expressed in Glasgow at COP26 this is not because demand is declining, but rather due to rising oil supplies.’ Demand for oil is also strengthening because of robust gasoline consumption and increasing international travel as more countries re-open their borders, the influential energy agency said,” according to CNBC.
by Jeremy Beaman and Josh Siegel
Washington Examiner
“Coal supplies over one-third of global electricity generation and is set to have a role for decades to come in developing countries, thanks to proposed new coal plants in China, and, to a lesser extent, India,” according to the Washington Examiner.
“China and India frustrate plans to consign coal to history” Read Full Article »
by Irina Slav
Oil Price
“President Joe Biden and his administration hardly planned for everything that happened this year. In fairness, no administration could have planned for it: soaring oil and gas demand, tight supply, rising prices fueling inflation that has quickly gone from nothing to worry about to the biggest worry for many,” according to Oil Price.
“Biden’s Baffling Oil Policy Faces Backlash From All Sides” Read Full Article »
by Emma Newburger
CNBC
“The event is set be the most carbon-intensive UN climate conference yet. The 2019 COP25 in Madrid, by comparison, emitted an estimated 51,101 tons of carbon dioxide and the 2015 COP21 in Paris emitted an estimated 43,000 tons of carbon dioxide,” according to CNBC. It’s a clear example of “rules for thee, not for me.”
by Rachel Frazin
The Hill
The Interior Department said Monday that it will propose making lands surrounding Chaco Canyon, which itself is already protected as a National Historical Park, ineligible for new oil and gas leasing or new mining claims. The move, which the administration described as creating a 10-mile buffer around the park, will not impact existing leases and claims,” according to The Hill.
by Josh Saul
Yahoo Finance
“The price of electricity in October increased 6.5% from the same month a year ago while consumer expenses paid to utilities for gas went up 28%, according to numbers released Wednesday by the U.S. Bureau of Labor Statistics. Fuel oil rose 59%, and costs for propane, kerosene and firewood jumped by about 35%, the data show,” according to Yahoo Finance.
“U.S. Households Face Biggest Surge in Electricity Costs Since 2009” Read Full Article »
by Matthew Kandrach
Real Clear Energy
“Worse still, Europe’s energy crisis appears to be largely self-made. The European rush to renewable power and determination to shutter fossil fuel capacity and investment in new production has come home to roost. By starving investment in new natural gas production and closing much of its coal fleet, European consumers have been left with few options and soaring energy prices before the idealized grid and energy systems of the future exist. In other words, energy reality has caught up with pie-in-the-sky aspiration,” according to Real Clear Energy.
“Pitfalls of Energy Transition on Full Display in Europe” Read Full Article »
byJeremy Beagin
The Washington Examiner
“The nuclear industry just got a significant boon from Congress with the passage of the bipartisan infrastructure bill, which devotes nearly $8.5 billion to fund advanced reactor development and support the nation’s economically compromised plants,” according to The Washington Examiner.
by Bjorn Lomborg
The Wall Street Journal
“A Nobel Prize-winning economist considers the balance between climate policy’s costs and benefits,” according to The Wall Street Journal.
“A Reasonable Alternative to COP26 and Preaching Climate Doom” Read Full Article »
by Chuck Ross
The Washington Free Beacon
“Saule Omarova, who received the Lenin Personal Academic Scholarship at Moscow State University, has proposed establishing a National Investment Authority to divert investments away from the oil and gas industry and into ‘clean and green’ infrastructure projects. Speaking at a virtual forum in May, Omarova said ‘the way we basically get rid of those carbon financiers is we starve them of their sources of capital,’” according to The Washington Free Beacon.
“Biden Banking Nominee Wants To ‘Starve’ Companies That Invest in Oil and Gas” Read Full Article »
by Benjamin Storrow
Scientific American
“The White House’s reluctance to sign the pledge says a lot about coal’s continued political influence in the face of declining fortune,” as reported by Scientific American.
“Why the U.S. Didn’t Join 40 Other Countries in Pledge to End Coal” Read Full Article »
by Evelyn Cheng
CNBC
“Monthly purchases of coal reached 26.9 million tons in October, up 96.2% from a year ago, according to data accessed through Wind Information,” according to CNBC.
“China’s coal imports in October nearly doubled from a year ago” Read Full Article »
by Mark Gongloff
Bloomberg Opinion
“Take electric cars. As Conor Sen points out, investors are throwing money at EVs while dooming fossil-fuel-burning cars to the same fate as brick-and-mortar retail and print media: being stripped by private equity for parts and profits and left to die,” according to Bloomberg Opinion.
“That Electric Car’s Not as Green as You Think” Read Full Article »
by Alan Kohler
The New Daily
“The United Nations Framework Convention on Climate Change (UNFCCC) has been plugging away since 1995, and the only declines in greenhouse gas emissions over that time have been during recessions, oil shocks and the collapse of the Soviet Union – nothing to do with the COP(out)s,” according to The New Daily.
“Politicians must stop lying about the cost of climate change” Read Full Article »
by Jillian Ambrose
The Guardian
“The engineering firm will set up a venture focused on developing small modular nuclear reactors, or SMRs, in partnership with investors BNF Resources and the US generator Exelon Generation with a joint investment of £195m to fund the plans over the next three years,” according to The Guardian.
“Rolls-Royce secures £450m for mini nuclear reactors venture” Read Full Article »