The Biden administration is set to announce a new ambitious plan that will reduce the world’s global methane emissions by 30 percent by 2030, starting with oil and gas wells. The new U.S. Methane Emissions Reduction Action Plan will utilize “commonsense regulations, catalytic financial incentives, transparency and disclosure of actionable data, and public and private partnerships” to identify…
Biden Administration Unveils New Plan to Reduce Methane Emissions by 2030
November 2, 2021
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Alberta Government, Opposition Say the Province Should Be Consulted on Emissions Caps
EDMONTON—Alberta politicians are warning the federal Liberal government that caps on greenhouse gas emissions from oil and gas will have to be set in consultation with the province. Both Premier Jason Kenney and New Democrat Opposition Leader Rachel Notley say Alberta has to be at the table when emissions caps are discussed. Prime Minister Justin…
Trudeau Pledges to Cap Oil and Gas Sector Emissions at COP26 Summit
Prime Minister Justin Trudeau pledged to cap emissions produced by Canada’s oil and gas industry as he delivered a speech at the 26th meeting of the Council of Parties to the UN climate convention, known as COP26, in Glasgow on Nov. 1. “We’ll cap oil and gas sector emissions today and ensure they decrease tomorrow…
White House Putting Pressure on OPEC to Increase Oil Production Amid ‘Supply Issues,’ Rising Energy Prices
October 28, 2021
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biden administrationExecutive BranchFederal Trade Commissiongas pricesJen Psakioil and gasThe White HouseUS News
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The White House on Tuesday promised to put pressure on members of the Organization of the Petroleum Exporting Countries (OPEC) to increase production amid declining supplies and rising energy prices. Press secretary Jen Psaki told reports at a press briefing that the president is “mindful” of the increased prices consumers are facing when it comes to…
Biden’s Policies Are Hindering US Oil and Gas Companies From Producing Energy, Placing Increased Costs on Consumers: DEPA President
October 27, 2021
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Business & Economycrude oileconomyExecutive Branchgreen energyMarketsoil and gasParis Climate AgreementPoliticspresident joe bidenUSUS News
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The Biden administration’s policies are hindering U.S. oil and gas companies from producing energy commodities, driving up the price which in turn results in consumers paying more, according to Jerry Simmons, the president of the Domestic Energy Producer Alliance (DEPA). DEPA is a nationwide collaboration of 39 coalition associations representing individuals and companies who engage in domestic onshore…
Investors Will Continue to Favour US Oil and Gas Sector Over Canada’s: Study
The Canadian oil and gas sector will likely see investors continue to head south to the United States due to Canada’s higher taxes, more restrictive regulatory regime, and lack of pipeline capacity, a Fraser Institute study suggests. “Financial capital is mobile, so policy-makers in Canada must understand that government policies have helped facilitate the flight…
Graves Amendment Recognizes Pipelines’ Value as Fish Reefs
October 14, 2021
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congressDebbie DingellEnvironmentfishingoil and gasoil and gas pipelinePoliticsred snapperreefRep. Bruce WestermanRep. Darren SotoScienceUniversity of South AlabamaUS
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In the midst of contentious debate over the markup of Rep. Brownley’s (D.-Calif.) H.R. 2643, which would assess an annual fee on oil and gas pipeline owners of $1,000 per mile in shallow water and $10,000 per mile in deep water, the House Committee on Natural Resources passed an amendment to the bill from Rep….
OPEC and Big Oil’s New Best Friend, Joe Biden
Commentary The price of oil surged to $75 a barrel the other day under President Joe Biden’s green energy policies. The price was as low as $35 a barrel under former President Donald Trump because he believed in American energy dominance (“Drill, baby, drill”). So, more oil meant lower prices at the pump. It was…
Interior Secretary: No Plan ‘Right Now’ to Permanently Ban New Oil, Gas Leasing
WASHINGTON—U.S. Interior Secretary Deb Haaland on June 23 said at a House committee hearing that the Biden administration has no plan to permanently ban new oil and gas drilling on federal land. “Gas and oil production will continue well into the future,” Haaland said during a House Natural Resources Committee hearing. “I don’t think there…
NTD Evening News Full Broadcast (June 16)
Highly anticipated talks between the U.S. and Russia just wrapped up in Geneva, Texas Governor Greg Abbott says construction on the border wall has begun, and a federal judge is halting Biden’s pause on oil and gas leases.
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