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Home2023September

Month: September 2023

ExxonMobil
Big Oil Companies

ExxonMobil lobbies Biden administration for tax credits for hydrogen made from natural gas

September 28, 2023 Mariel Alumit

(Bloomberg) – ExxonMobil Corp. is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for some of the most lucrative subsidies available in the President’s signature climate law, pushing for billions […]

Price
EIA News

Weather events have reduced our forecast of U.S. hydropower generation by 6% this year

September 28, 2023 Mariel Alumit

 September 28, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, September 2023 Weather events in the U.S. Northwest this past spring and summer led to lower water supply, prompting us to […]

Jobs

UAW Boss Set To Announce ‘Expanded Strikes’ At Detroit Automakers If No Progress Made By Friday

September 28, 2023 Mariel Alumit

United Auto Workers President Shawn Fain plans to announce expanded strikes Friday morning if talks with Detroit’s legacy automakers do not make significant progress on a new four-year labor deal, reported Reuters, citing a person […]

Finance

Americans Aren’t Buying The “Great Economy” Narrative

September 28, 2023 Mariel Alumit

Authored by Michael Maharrey via SchiffGold.com, The Fed people insist the economy is strong. They upped their GDP growth projections at their last meeting. Joe Biden thinks the economy is strong. He keeps bragging about […]

Moscow
Downstream

Moscow Mulls New Steps to End Fuel Crisis

September 28, 2023 Mariel Alumit

Moscow is proposing a number of additional measures to resolve the crisis on the domestic oil products market on top of the gasoline and diesel export ban introduced last week. Russian Deputy Prime Minister Alexander Novak, at […]

Wind
Energy Transition

Analysis: Wind power industry drifts off course

September 28, 2023 Mariel Alumit

LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time […]

Natural Gas
Exploration and Production

New Study: Natural Gas Generates Billions for Pa.’s Economy, Supports 120k+ Jobs & Boosts Critical Tax Revenues

September 28, 2023 Mariel Alumit

PITTSBURGH, PA – September 27, 2023 – Natural gas development is fundamental to the health and strength of Pennsylvania’s economy, supporting well over 100,000 family sustaining careers, boosting state tax revenues, and generating billions in economic […]

Political

“A CIA Front Organization”: Revisiting EcoHealth COVID-19 Claims After Fauci ‘Influence’ Campaign Bombshell

September 28, 2023 Mariel Alumit

Following Tuesday night’s bombshell report from Congressional investigators that Dr. Anthony Fauci was smuggled into CIA headquarters “without a record of entry” where he “participated in the analysis to “influence” the Agency’s” Covid-19 investigation,” it’s […]

Saudi
Big Oil Companies

Saudi Arabia and Russia Win Big in Gamble on Oil Cuts

September 28, 2023 Mariel Alumit

Saudi Arabia and Russia have raked in billions of dollars in extra oil revenues in recent months, despite pumping fewer barrels, after their production cuts sent crude prices soaring. The cutbacks were a risky strategy, […]

energy
Coal

Coal makes a quiet resurgence in the clean energy era

September 28, 2023 Mariel Alumit

CNN —  As momentum shifts toward clean energy, coal has had some unexpected staying power. What’s happening: Big banks like Goldman Sachs have pledged to divest from the dirty energy source, but reports that coal power is dying appear to […]

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