California lawmakers reach a late agreement to support the oil industry while restricting offshore drilling.

Sacramento – As worries grow about refinery closures leading to higher gasoline prices, California’s legislative leaders put forward a last-minute proposal aimed at boosting oil production to support the struggling fossil fuel sector, even as it further restricts offshore drilling. This compromise, negotiated by Governor Gavin Newsom, Assembly Speaker Robert Rivas, and Senate Pro Tem […]

Stephen Moore: The Drilling Strategy Is Effective

America’s Energy Landscape: A Closer Look There’s been quite a lot of discussion around the shift to renewable energy aimed at saving the planet. Honestly, it’s a mixed bag. Currently, about 80% of our energy still comes from fossil fuels, and, with Trump at the helm, that number hasn’t changed much. A recent headline from […]

Biden Enacts Last-Minute Offshore Drilling Ban Across Vast Swath Of US Waters

The Biden administration on Monday announced a ban on future offshore oil and gas activity across 625 million acres of the outer continental shelf. This area is larger than the land area included in the waning Louisiana Purchase of 1803. of action Future drilling will be halted on 250 million acres along the East Coast, […]

Judge strikes down city of L.A.’s ban on new oil drilling

A high-profile bill aimed at phasing out oil production within the city of Los Angeles has been struck down by a judge who ruled that the state, not the city, has jurisdiction over many aspects of drilling operations. The ruling by Los Angeles County Superior Court Judge Curtis A. Kinn invalidated a law spearheaded by […]

Bank Of America Walks Back Much-Touted Pledge To Not Finance Coal, Arctic Drilling

Bank of America appears to be backtracking on its late 2021 pledge to stop financing new efforts in coal and the Arctic, according to internal documents. Bank of America had promised to stop directly funding coal mines, coal-fired power plants, and Arctic drilling. according to In line with the December 2021 Environmental and Social Risk […]

Corporate drilling is sinking 3 Arizona towns—literally

A United Arab Emirates company is leasing land in rural Arizona so it can pump unlimited amounts of the state's groundwater for free. If this sounds familiar, it should be. State officials are grappling with international companies taking advantage of Arizona's lax water laws. almost 10 years. While the impacts on the state's water resources […]