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Friday, December 27, 2024

ENERGY

Kerry, Davos Globalists Demand No New Fossil-Fuel Investments, Despite Crisis

(Headline USA) As government officials, corporate leaders and other elites at the World Economic Forum grapple with how to confront their version of catastrophic climate change, a central question is emerging: to what extent can oil and gas companies be part of a transition to lower-carbon fuels? In different times...

Gas Prices Hit Record Highs, Analysts Say Summer Energy Costs Will Follow

(The Center Square) Electricity prices will rise 3.9% this summer compared to the summer of 2021, the U.S. Energy Information Administration estimates, another bill ticking higher for Americans as they grapple with record high gas prices and inflation. Rising energy costs have garnered national attention as gas prices hit record...

Manchin Exposes Interior Sec. Deb Haaland’s Incompetence over Oil Leases

(Jacob Bruns, Headline USA) Democrat Sen. Joe Manchin of West Virginia exposed the Biden administration's foolish oil leasing plan as a disaster during his questioning of Interior Secretary Deb Haaland. Haaland was asked to testify in front of the Senate Energy and Natural Resources Committee on Thursday, and she was...

Brandonflation Gas Prices Set to Hit $6 a Gallon, Analysts Forecast

(Mark Pellin, Headline USA) After driving past the $6 mark for a gallon of gas in California earlier this week, industry analysts are predicting the rest of the country will soon be feeling the same pain at the pump, or worse. "There is a real risk the price could reach $6+...

Biden Admin Cancels Oil and Gas Lease Sales As Gas Prices Skyrocket

(Headline USA) The Biden administration announced this week that it will cancel three planned oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet. even as gas prices continue to soar. The Interior Department claimed the canceled sales in Alaska, which is home to more than 1...

Drivers Bemoan Biden’s High Gas Prices w/ No Relief in Sight

(Headline USA) Just as Americans gear up for summer road trips, the price of oil remains stubbornly high, pushing prices at the gas pump to painful heights, largely the result of President Joe Biden's failed domestic agenda. Drivers were paying $4.37 for a gallon of regular Tuesday, on average, according...

Record Diesel Prices Fueling Higher Inflation

(Gregg Pupecki, Headline USA) The price of a gallon of diesel fuel across the nation has risen to record highs this week, prompting warnings from economists. https://twitter.com/javierblas/status/1520413072850132993?s=21 The Boston Herald reported that the national average for diesel is $5.42 per gallon, compared to $6.10 in Massachusetts. The price doubled from a year...

OPEC Plans Gradual Boost in Production, Despite Growing Need from Russia Sanctions

(Headline USA) In another example highlighting the importance of a country's ability to achieve energy independence, where the U.S. was headed under for President Donald Trump, OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian...

Newsom Flip-Flops on Closing Calif.’s Last Nuclear Plant

(Joshua Paladino, Headline USA) Faced with a failing power grid, California Gov. Gavin Newsom may let the state's last-remaining nuclear power plant keep operating past its planned shutdown date in 2025, Legal Insurrection reported. Newsom said the Diablo Canyon Nuclear Power Plant in San Luis Obispo County should file with...

Ga. OKs $1.5B Incentive Bribes for Rivian’s Electric Vehicle Plant

(Headline USA) The state of Georgia and local governments will give Rivian Automotive $1.5 billion of bribe incentives to build a 7,500-job, $5 billion electric vehicle plant east of Atlanta, according to documents the company and state signed Monday. Georgia Economic Development Commissioner Pat Wilson said the size of the...

Supply Chain for Green Energy is Nearly Nonexistent

(Joshua Paladino, Headline USA) As renewable energy prices soar and investments flatline, the CEO of Rivian, an electric vehicle company, said that the supply chain for battery cell production virtually "does not exist," the Daily Caller reported. Rivian CEO RJ Scaringe said President Joe Biden has demanded that automakers sell...

New Gas Pipeline Boosts Europe’s Bid to Ease Russian Supply

(Headline USA) Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its heavy reliance on Russian natural gas. A new pipeline — built during the COVID-19 pandemic, tested and due...
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