Governor Newsom: No Fracking Permits by 2024, No Gas-powered Vehicles by 2035
Newsom doesn't trust (or allow) free people to make the right choice. ...
Energy
Trump Administration Opens ANWR for Oil, Gas Leasing; Green Groups to Challenge
Energy Secretary David Bernhardt signed a Record of Decision on Monday to open a tiny part of the Arctic National Wildlife Refuge to...
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Energy Secretary Optimistic About Oil’s Future
Softer demand will keep oil and gas prices in check for the foreseeable future. ...
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Chesapeake Energy Declares Bankruptcy; Should Emerge Leaner and Stronger
Chesapeake Energy Corporation, once the country’s second-largest natural-gas producer, has declared bankruptcy. After restructuring, it should emerge leaner and more profitable than before....
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Banks Cutting Credit to Shale-oil Drillers
The cutback in credit lines to shale-oil drillers could force more than 70 oil and gas producers in the United States into bankruptcy,...
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Oil Prices Jump 20 Percent; Expected to Double by Summer 2021
Crude oil prices have jumped by 20 percent in the last week. Forecasters are expecting them to double from here by the summer...
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Trump Brokered Oil Agreement Using Rules From His “Art of the Deal”
After four days of intense virtual meetings and negotiations with leaders of the nations making up the OPEC cartel, plus Russia and Mexico,...
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Massive Oil Discovery in Alaska to Provide More Supply as World Economy Recovers
Wednesday's announcement of a massive new oil find located next to the Trans-Alaska Pipeline on Alaska’s North Slope — reducing greatly the developer’s...
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Crude Oil Prices Pop on Trump’s Tweet: Saudi Arabia and Russia To Cut Production
For the time being, expect crude oil prices to stay in the 20s and gas prices to continue to drop to well below...
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Is Whiting Petroleum’s Bankruptcy a Harbinger?
Whiting Petroleum isn't the first energy company to go bankrupt in today's environment. It's just the largest. So far. ...
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Trump to Top Off the Tank by Replenishing Oil Reserves While Prices Are Low
The move was viewed by analysts as a master stroke by the president. The overall message was one more example showing that the...
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OPEC Cartel Failure Drops Oil Prices, Rattles Markets
The ending of the OPEC cartel's meeting in acrimony heralds a new day. Lower energy prices are an unalloyed benefit to consumers across...
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Sanders’ Energy Plan: Nationalize Electricity Production, End Oil and Gas
If you think Bernie Sanders’ plan to tear apart the healthcare industry and impose socialized medicine on 300 million Americans is a good...
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Goldman Sachs Cuts Funding for ANWR Energy Exploration, Citing Environmental Concerns
On Sunday, mega-bank Goldman Sachs announced major restrictions on its loans to energy developers, especially those seeking to exploit the resources beneath the...
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Aramco IPO Is a Hollow Victory for Saudi Arabia’s Prince
By nearly every metric, the IPO of Saudi Aramco was a failure. This is not an investment. It is extortion on a grand...
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