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“#Biden’s needless, costly war on US energy producers will hurt your wallet” The new Biden infrastructure and energy plan is supposed to create “millions of new jobs.” But it is tantamount to a declaration of war against one of the largest sources of new jobs in the United States: our domestic energy producers. It spoke…
“#Biden invites Russia, China to first global climate talks” WASHINGTON — President Joe Biden is including rivals Vladimir Putin of Russia and Xi Jinping of China among the invitees to the first big climate talks of his administration, an event the U.S. hopes will help shape, speed up and deepen global efforts to cut climate-wrecking…
“#Oil, natural gas prices surge as winter storm hammers market” Oil and natural gas prices jumped Tuesday as a massive winter storm kneecapped energy production in the US. West Texas Intermediate crude oil futures traded near their highest levels in about 13 months after the storm forced oil wells and refineries to shut down in…
“#ExxonMobil, Chevron reportedly discussed merger last year” The heads of ExxonMobil and Chevron considered merging the two oil giants last year in a deal that may have been the largest corporate marriage ever, according to reports. Exxon CEO Darren Woods and Chevron chief Mike Wirth discussed the megadeal after the start of the coronavirus outbreak…
“#Denmark to end oil, gas extraction in North Sea” COPENHAGEN, Denmark — Denmark has decided to end all oil and gas activities in the North Sea by 2050 and has cancelled its latest licensing round, saying the country is “now putting an end to the fossil fuel era.” The Danish Parliament voted late Thursday to…
“#OPEC, allies reportedly agree to boost oil production” The world’s major oil producers have agreed to boost their output by 500,000 barrels a day in January even as the coronavirus pandemic crimps demand, according to reports. The Organization of Petroleum Exporting Countries and its Russia-led allies — known collectively as OPEC+ — reached the deal…
“#OPEC expected to cut oil production as COVID-19 reduces demand” Members of OPEC are expected to continue to keep oil production levels lower to boost prices after a virtual meeting on Monday, as the coronavirus pandemic has dramatically dampened demand for crude oil worldwide, according to a report. The OPEC nations, led by Saudi Arabia,…
“#Six American oil executives sentenced in Venezuela for corruption” Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately sentenced to prison, dashing hopes of a quick release that would send them home to their families in the United States. Some relatives had…
“#Forget the polls, these Rust Belters offer real election insight: Devine” To get a real sense for how this election is going, you need to ignore the national polls in establishment media that have Joe Biden poised for a decisive victory. Look, instead, at the enthusiasm on the ground for Donald Trump and the economic…
“#Joy of a Trump rally and other commentary” Election desk: Joy of a Trump Rally With theatrics like Marine choppers, tailgating and Queen songs that give the feel of “part rock concert, part playoff game,” Monday’s Trump rally in a small Pennsylvania town, “especially in the moments around Trump’s entrance, was exuberant,” observes the Washington…