President Donald Trump issued his 7-paragraph ‘America First Energy Plan’ shortly after taking office with the goal of lowering the cost of energy and getting rid of regulations. According to the plan, it says disposing of environmental regulations like Obama’s Climate Action Plan would boost wages “by more than $30 billion over the next 7 years.” The […]
Read More
President-elect Donald Trump has chosen his nominees for the departments of energy, state and head of the Environmental Protection Agency (EPA), but they must first be approved by the senate. Trump nominated former Texas Gov. Rick Perry for Secretary of Energy, ExxonMobil CEO Rex Tillerson as Secretary of State, and Oklahoma Attorney General E. Scott […]
Read More
Now that Americans have elected Donald Trump into office, we can expect American oil and gas production to surge. Going by his campaign promises, Americans will see more fracking, more pipelines, and no carbon tax. Trump has promised to repeal the Environmental Protection Agency regulations that would curtail carbon dioxide emissions from power plants — […]
Read More
Politico By Elana Schor The Obama administration unveiled the first major national safety restrictions for fracking on Friday, touching off a swift backlash from the president’s critics in Congress and the energy industry. Two oil industry groups immediately sued to challenge the rules, calling them “a reaction to unsubstantiated concerns,” while 27 Senate Republicans introduced […]
Read More
Reuters (Reuters) – Lifting a 40-year-old U.S. ban on crude exports would create a wide range of jobs in the oil drilling supply chain and broader economy even in states that produce little or no oil, according to a report released on Tuesday. Some 394,000 to 859,000 U.S. jobs could be created annually from 2016 […]
Read More
Forbes By Ken Silverstein If natural gas is paving the way to the country’s energy future, the industry has just misstepped and undermined the very infrastructure it wants to build: Just after the U.S. Environmental Protection Agency released its guidelines to control the most potent greenhouse gas emission of them all — methane — an oil […]
Read More
CNN By Jeremy Diamond Enjoy it while you can, but remember it won’t last forever. That was President Barack Obama’s message to American consumers on Tuesday as he discussed near six year-low gas prices in aninterview with The Detroit News ahead of a visit to Michigan on Wednesday to tout the recovery of the auto […]
Read More
Forbes By Chris Wright Indonesia is not an obvious name to benefit from the low oil price: it is, after all, a significant producer of oil, at one time the biggest in southeast Asia and a member of OPEC, and until recently it had ambitions to restore flagging production to a million barrels a day […]
Read More
New York Times By Stanley Reed and Clifford Krauss THE TAMAR PLATFORM, Israel — Alarms rang out across the Tamar natural gas platform off the coast of Israel. The Israeli navy had detected smoky signs that a rocket might have been fired by Hamas from the shores of Gaza. As a voice over the loudspeaker […]
Read More
The Bakken Magazine By Patrick C. Miller The American Petroleum Institute is calling on President Barack Obama to “give America’s construction workers a Christmas gift” by approving the Keystone XL pipeline before Republicans take control of both houses of Congress next year. “Six years of review and five positive environmental assessments from the state department […]
Read More