European officials are scrambling to lock down energy supplies they would need to keep their economies churning if hostilities around Ukraine imperil natural gas piped from Russia, and have turned to the U.S. for help finding backup […]
Russia remains the top oil and natural gas supplier to EU nations Surging inflation and energy prices are hurting the recovery The European Union has a lot more to lose than the U.S. from conflict […]
Attempts to justify the high costs of President Biden’s Build Back Better plan have engendered a string of creative economic arguments advocating for so-called investments by the government to drive a transition to renewable energy. “The […]
WASHINGTON (Bloomberg) –The Biden administration has ordered an immediate halt to new federal support for coal plants and other carbon-intensive projects overseas, a major policy shift designed to fight climate change and accelerate renewable energy worldwide. The […]
Source: U.S. Energy Information Administration, Petroleum Supply Monthly and Congressional legislation On Tuesday, November 23, the White House announced plans to make 50 million barrels of crude oil available to the market through a combination of exchanges and accelerating previously […]
Oil prices may have crashed below $70 on Friday due to renewed Covid fears, but if those fears prove to be unfounded then oil prices could soar President Biden’s efforts to push oil-importing countries to […]
ENB Publishers Note: The SPR release is a political stunt. The average price for oil in the reserves is an estimated $29 per barrel. Coupled with releasing the sour crude that the refiners don’t want […]
It is funny how talking points and “Buzz” words get thrown out and stick to the wall like my wife testing if the spaghetti is cooked. Some of them that are unbearable is; Let’s circle […]
Eleven U.S. Senate Democrats have called on President Joe Biden to do something about rising gas prices while also expressing support for policies that energy industry says are contributing to seven-year high costs at the […]
President Joe Biden is poised to sign into law a historic $1.2 trillion bipartisan infrastructure bill that could help modernize the electric grid and unlock billions of dollars for cutting-edge energy technologies, following passage by […]
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