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Wednesday, May 15, 2024

ENERGY

Crude Oil Surpasses $90 a Barrel, Driving Gas Prices Up

(Bethany Blankley, The Center Square) Biden administration policies hostile to domestic oil production coupled with the Russia-Ukraine conflict and OPEC+ policies are contributing to crude oil futures surpassing $90 a barrel in both Brent and West Texas Intermediate benchmarks for the first time since October 2014, industry advocates say. Both...

OPEC+ Meets to Decide Oil Output as Biden Policies, Russia Fears Fuel Supply Shortage

(Headline USA) Oil cartel OPEC and allied countries are deciding how much oil to feed into the global economy as crude prices hover near seven-year highs---spiking gasoline costs---and fears of a Russian military move against Ukraine add to jitters over supply. The likely outcome of Wednesday's online meeting, analysts say,...

US, Europe Plan for Any Cutoff of Russian Natural Gas

(Headline USA) U.S. and European officials are coordinating with natural gas suppliers around the globe to cushion the impact if Russia were to cut off energy supplies in the conflict over Ukraine, Biden administration officials say. The U.S. and European allies have promised punishing economic and political sanctions if Russia...

In Tiny Wyoming Town, Bill Gates Bets Big on Nuclear Power

(Headline USA) In a sleepy Wyoming town that has relied on coal for over a century, a company founded by the man who revolutionized personal computing is launching an ambitious project to counter climate change: A nationwide reboot of nuclear energy technology. Until recently, Kemmerer was little-known for anything except...

As Left’s War on Coal Continues, Once Reviled Nuclear Energy Sees 2nd Act

(Headline USA) As the radical Left pushes Americans to dramatically cut their use of fossil fuels, many are coming to the conclusion that solar, wind and other renewable power sources might not be enough to keep the lights on. Nuclear power is emerging as an answer to fill the gap...

Youngkin Taps Trump’s Ex-EPA Head for Va. Cabinet Role

(Headline USA) Republican Virginia Gov.-elect Glenn Youngkin has tapped Andrew Wheeler, the Trump administration's Environmental Protection Agency chief, to join his cabinet in a role overseeing the state's environmental policy. Wheeler is Youngkin's pick for secretary of natural resources, the transition announced Wednesday. Youngkin also announced that he has chosen Michael...

Energy Co. PG&E Takes Blame for Massive Calif. Wildfire That Leftists Helped Fuel

(Headline USA) Pacific Gas & Electric power lines sparked last summer's Dixie Fire in Northern California that swept through five counties and burned more than 1,300 homes and other buildings, state fire officials said Tuesday. The blaze was caused by a tree hitting electrical distribution lines west of a dam...

Biden, European Allies May Plug Russian Pipeline as Punishment for Ukraine Buildup

(Headline USA) After having already cleared the way for Russia to construct its controversial Nord Stream II pipeline in the Baltic region, President Joe Biden and his administration now aim to keep it from delivering any natural gas to Europe until Russia backs off its buildup on the Ukrainian...

Solar Panel Tariffs Will Test Biden’s Loyalty to Chinese & American Manufacturers

The Biden administration will soon have to decide whether to appease China and climate change activists or to protect American manufacturing jobs. Early next year, import tariffs on solar panels will expire. Climate change activists want the Biden administration to let the tariffs lapse so that China can sell cheap solar...

Woke EPA Raises Vehicle Mileage Standards to 40 MPG, Driving Up Car Costs

(Headline USA) In a major setback for the auto industry, already kneecapped by crippling inflation, the Biden administration is raising vehicle mileage standards, reversing a Trump-era rollback that loosened fuel efficiency standards. A final rule issued Monday would raise mileage standards starting in the 2023 model year, reaching a projected...

Dems Block Bill to Replenish Oil Reserves Squandered by Biden

President Joe Biden mishandled America's strategic oil reserves in a failed effort to lower gasoline prices by a few cents per gallon, and now Republicans want a plan to replenish the stores lost to the blatantly partisan use of a national security tool. Rather than address the underlying causes of...

NYC Weighs Cutting Off Natural Gas Hookups for New Buildings

(Headline USA) New York City lawmakers are poised to decide Wednesday whether to prohibit most new buildings from using natural gas. The move would make the nation's most populous city a showcase for radical Green New Deal policies that have been pushed by far-left globalists such as billionaire ex-Mayor Michael...
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