The Biden administration will issue a study on the economic and environmental effects of liquefied natural gas exports later this month, Reuters has reported, citing an official from the Department of Energy. The study follows the “pause” that President Biden issued on new LNG export facility approvals in January this …
Read More »Trump Criticizes Biden’s “Crazy” EV Mandate, Pledges Policy Reversal
In a recent meeting with House Republicans, former President Donald Trump declared his intention to completely reverse President Joe Biden’s electric vehicle (EV) policies if he is re-elected. Trump criticized the current administration’s push towards battery-powered cars, describing the mandate as “crazy,” according to Idaho Representative Russ Fulcher. He emphasized …
Read More »Biden Administration Halts Approvals of New LNG Export Projects
The Biden Administration said on Friday it is pausing all pending decisions on U.S. LNG export projects until the Department of Energy can update the underlying analyses for authorizations. The move was hailed as a “historic win” by environmentalists and slammed as “a win for Russia” by the U.S. oil …
Read More »US President Downplays OPEC+ Output Cuts
US President Joe Biden attempted on Monday to downplay the latest output cuts by the OPEC+ group of oil-producing nations. “It’s not going to be as bad as you think,” Biden said during a trip to Minnesota in response to a reporter’s question on the decision by some OPEC+ countries …
Read More »Biden Greenlights Controversial Alaska Oil Project
The Biden Administration approved the controversial Alaska oil project known as Willow on Monday after rumors surfaced last week that the Administration was set to approve it. The massive oil Willow Project covers three drill sites in the National Petroleum Reserve in an area that is estimated to hold up …
Read More »Biden Asks Congress for $500 Million to Modernize the SPR
The Biden administration has asked Congress to approve $500 million in funds for the modernization of the four sites of the country’s Strategic Petroleum Reserve, suggesting in its request that the SPR is at risk of shortfalls. In a request to Speaker Nancy Pelosi, the White House’s Office of Management …
Read More »Biden Says the Climate Crisis is about ‘very Life of the Planet’
US President Joe Biden told the COP27 climate conference in Egypt on Friday (11 November) that global warming posed an existential threat to the planet and promised the United States would meet its targets for fighting it. His speech was intended pump up global ambition to prevent the worst of …
Read More »Biden Warns Oil Firms He’ll Seek to Tax Windfall Profits
President Joe Biden said he’d seek to impose higher taxes on oil companies that record “windfall” profits without reinvesting in production, with US gasoline prices still high a week ahead of midterm elections. “The oil industry has not met its commitment to invest in America and support the American people,” …
Read More »Biden Calls Putin’s Rhetoric on Nuclear Weapons Dangerous
U.S. President Joe Biden expressed skepticism about Russian President Vladimir Putin’s words that he does not intend to use nuclear weapons in Ukraine, the Voice of America reports. Biden considers the Russian president’s rhetoric dangerous. “If he has no intention, why does he keep talking about it? Why is he …
Read More »Biden: Russia would be Making Serious Mistake to Use Tactical Nuclear Weapon
US President Biden on Tuesday warned Russia against using a tactical nuclear weapon amid concerns Moscow may be creating a pretext to escalate the war in Ukraine, The Hill reported. “Russia would be making an incredibly serious mistake for it to use a tactical nuclear weapon,” Biden told reporters after …
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