The war in Ukraine is pushing European countries to rethink their reliance on Russian energy, with Germany looking to extend its use of coal to help wean itself off Russian gas and Denmark resuming construction of a pipeline linking Poland to Norwegian gas fields after a 33-month hiatus over environmental concerns. Russia’s invasion of Ukraine…
Norway-Poland Gas Link Construction Resumes as Ukraine War Sparks Energy Security Push
Gas Prices Expected to Skyrocket, China Will Have Cheap Fuel
February 27, 2022
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News Analysis Petrol prices in the United States and around the world have hit highs not seen since 2014. With the Russian invasion of Ukraine resulting in decertification of the Nord Stream 2 pipeline and the subsequent Western sanctions, prices are expected to climb even higher, but China will not have to pay the price….
Renewables Place Europe’s Electricity at the Mercy of Russia
Analysis Countries in Europe that have shifted away from coal in favour of renewables are now vulnerable to electricity price shocks as Russia—the region’s primary natural gas supplier—begins its invasion of Ukraine. Except for Poland, all countries in the European Union (EU) have pledged to reach net-zero emissions by 2050. To achieve this, the EU…
New Sanctions on Russia Don’t Block Russian Oil and Gas
February 24, 2022
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New U.S. sanctions released on Feb. 24, following the Russian invasion of Ukraine, don’t directly block Russian oil and gas imports. “American oil and gas companies should not—should not—exploit this moment to hike their prices to raise profits,” U.S. President Joe Biden said in a televised speech announcing the sanctions. “In our sanctions package, we…
Biden Warns Americans of ‘Pain’ at the Pump Due to Russian Sanctions
President Joe Biden on Tuesday acknowledged that U.S. gas prices may keep rising due to his sanctions on Russian assets, saying that “defending freedom will have costs. “As I said last week, defending freedom will have costs for us as well and here at home. We need to be honest about that,” Biden said at…
Biden’s Land Bureau Breaking Law on New Oil and Gas Lease Sales: Barrasso
February 17, 2022
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bidenBLMBOEMcongressCourt orderDavid Bernhardtenergy crisisEnvironmentExecutive BranchFeatured TopicsFederal-State RelationsGasgasoline pricesJoe ManchinJohn BarrassoJudiciaryMineral Leasing ActOiloil and gasOuter Continental Shelf Lands ActPolicies & ImpactsPoliticsScienceSierra ClubSpinTrumpUSUS Features
Sen. John Barrasso (R-Wyo.), ranking member of the Senate Energy and Natural Resources Committee, has condemned the Department of the Interior’s Bureau of Land Management (BLM) for its failure to publish a public notice of onshore oil and gas lease sales for this quarter. He said their continued inaction violates the federal Mineral Leasing Act…
Gas Underpins Australian Jobs and Economy
Australia’s gas industry is playing a substantive role in supporting the economy, while environmental groups have called to cut gas altogether in favour of solar and wind energy. A report by the Australian Economic Advocacy Solutions commissioned by the oil and gas coalition, the Australian Gas Industry Trust, outlined that by June 2021, the industry…
Concerns of Gas Shortfalls in Australia Continue
The Australian Competition and Consumer Commission has once again warned that Australia’s gas outlook from 2022 onwards will remain increasingly tight unless steps are taken to bolster domestic supply. A report by the ACCC outlined that South Australia, New South Wales, Victoria, and Tasmania will all see demand for gas exceed available supply, prompting the…
As Oil, Gas Prices Spike, Analysts Raise Questions Over Green Energy Transition
The price of oil is once again grabbing headlines, with its watchers and markets consistently indicating that more of the commodity is needed now, regardless of the green transition that governments envision
Memphis Woman Says Youth Deserve Praise After Young Man ‘Insisted’ on Paying for Her Gas
A 59-year-old Tennessee native was touched when a young man she’d never met before insisted on paying for her purchase in line at the gas station. She snapped a selfie with the stranger on the forecourt and claims it’s about time the goodness of her city’s youth made headlines. On the morning of Dec. 28,…
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