Biden\’s Green Spending

Daily Standup Top Stories In 2024, Biden Admin Churned Out $1.2 Trillion In New Regulations August 7, 2024 Mariel Alumit Biden’s administration has added over a trillion dollars in compliance costs for new regulations in 2024 alone. President Joe Biden’s administration has added over a trillion dollars in compliance costs for new regulations so far […] DAVID […]

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Oil Demand Rising 1.6 Million Bpd

Daily Standup Top Stories Saudi Aramco Sees Oil Demand Rising by 1.6 Million Bpd in Second Half of 2024 August 6, 2024 Mariel Alumit Saudi Aramco’s CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco’s outlook contrasts with the more […]

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Chevron Moves to Texas

Daily Standup Top Stories Leftists Beg Feds To Cut Interest Rates To Revive Green New Deal Projects August 3, 2024 Stu Turley Leftists are desperately hoping the Federal Reserve cuts interest rates, believing higher rates are hampering the ‘country’s ability to combat the climate crisis.’ ​ Leftists are desperate to have the Federal Reserve cut interest […]

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Banks predict oil price slump under Trump Admin

Daily Standup Top Stories Power-Hungry Data Centers Are Gobbling Up Texas Amid AI Boom July 31, 2024 Stu Turley One business may finally be getting too big for Texas: data centers, those whirring warehouses packed with the electricity-sucking computer servers that power the modern internet and the development of artificial intelligence. Up until now, the […] Texas Pipeline […]

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The Energy Transition Won\’t Happen

Daily Standup Top Stories The “Energy Transition” Won’t Happen July 16, 2024 Mariel Alumit The laptop class has rediscovered a basic truth: foundational innovation, once adoption proceeds at scale, is followed by an epic increase in energy consumption. It’s an iron law of our universe. To illustrate that law, […] China plans low-carbon upgrades for coal power […]

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Interior Department Closes Alaska to Drilling

Daily Standup Top Stories 1PointFive Signs an Agreement to Sell 500,000 Metric Tons of Carbon Credits to Microsoft July 10, 2024 Mariel Alumit 1PointFive has signed an agreement to supply Microsoft with 500,000 metric tons of carbon credits for the next six years. Takeaway Points 1PointFive signs an agreement to sell 500,000 metric tons of carbon […]

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Biden\’s Net Zero Plans Worsen Prices

Daily Standup Top Stories BP Shares Plummet on $2 Billion Impairment Warning July 9, 2024 Mariel Alumit Shares in BP fell by as much as four percent this morning after it warned it was expected to post an impairment of up to $2bn (1.6bn) and was operating under “significantly” lower refining margins. […] The Left’s $7 Trillion […]

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CA to Borrow $$ for Climate

Daily Standup Top Stories Labour Wins Landslide Victory in U.K. Snap Elections July 6, 2024 Mariel Alumit Keir Starmer promises to focus on public service as Britain’s new prime minister. ​ Labour Takes Control The United Kingdom’s Labour Party secured a landslide victory against the Conservatives in snap elections on Thursday, ending […] Iran to Purchase 10 […]

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Shell CEO Talks Reasonable Politics?!

Daily Standup Top Stories Senator Ted Cruz Introduces Bill to Repeal Biden’s Natural Gas Tax June 5, 2024 Mariel Alumit U.S. Senator Ted Cruz introduced legislation to repeal the natural gas tax included in the Biden administration’s Inflation Reduction Act, a release posted on Cruz’s website recently announced. Rigzone asked the Cruz camp what effect […] China […]

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Africa Energy Bank to Fun Oil and Gas

Daily Standup Top Stories Rye Development Converting Former Kentucky Coal Mine into 287 MW Pumped Storage Hydropower Facility June 4, 2024 Mariel Alumit Rye Development will receive $81 million in funding from the Department of Energy (DOE) to convert former coal mine land in Bell County, Kentucky, into a closed-loop, 287 MW pumped storage hydropower (PSH) […]

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