Trump’s Strong Demand to Europe Regarding Russian Oil
Trump’s Remarks at UN Climate Week During a speech on Wednesday at the United Nations “Climate Week,” President Trump expressed strong opinions about European nations needing to cease energy imports from Russia. He emphasized that before the U.S. considers imposing further tariffs on Russia, European countries must take action. Trump criticized not just Europe but […]
California Democrats Rush to Increase Oil Production After Pushing Refiners Away
California Governor Signs Energy Legislation California Governor Gavin Newsom has enacted a series of energy bills aimed at lowering energy costs and ensuring a stable gas supply, following years of stringent regulations that have impacted the state’s oil and gas sector. The legislation, which also includes provisions to support the state’s high-speed rail initiative and […]
Climate issues and oil drilling take center stage in California’s legislative session finale
Recently, I mentioned that California seems to be backtracking on climate initiatives, primarily due to actions taken by Governor Gavin Newsom. I criticized him and his team for efforts to undermine rooftop solar, support the Aliso Canyon gas facility, and delay the rollout of plastic recycling laws, which, well, seemed a bit counterproductive. However, I […]
David Blackmon: An Impressive Turnaround by the IEA Regarding Oil Investments
Energy Investment Warnings from IEA Every morning, energy writers sift through significant news in the sector. It’s really quite a task; you can’t write effectively about energy without keeping up with what’s happening. This Tuesday, a particular headline caught my attention. According to the International Energy Agency (IEA), a story titled, “Decline in oil fields […]
California lawmakers approve plans to boost oil production in the Central Valley and limit offshore drilling.
Sacramento – In a move to support struggling oil refineries, California lawmakers approved a last-minute bill on Saturday. This legislation will allow for the construction of 2,000 new oil wells annually in the San Joaquin Valley while also tightening restrictions on drilling along the state’s famous coastline. Known as Senate Bill 237, this agreement emerged […]
David Blackmon: The IEA’s Peak Oil Delusion Appears to Be Crumbling
Concerns Over IEA’s Political Shift in Energy Forecasts The US Energy Secretary, Chris Wright, recently indicated that the International Energy Agency (IEA), led by Fatih Birol, is contemplating withdrawing US membership due to its increasingly political approach in energy matters. In July, he expressed concerns about the modeling methods used by the agency in their […]
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 […]
Local Town Covered in Oil and Chemicals After Plant Explosion; Residents Evacuated
Explosion at Oil Facility in Louisiana Causes Evacuations On Friday afternoon, a significant explosion at an oil supply facility in Smitty, near Roseland, Louisiana, sent thick black smoke billowing over neighborhoods. This incident prompted authorities to issue a mandatory evacuation order for residents within a one-mile radius. The explosion was so intense that it rattled […]
Trump initiates major expansion of oil and gas leases: ‘SIGNIFICANT for American energy production in the Gulf of America’
New Offshore Oil and Gas Lease Schedules Announced The Interior Department has rolled out new long-term lease schedules for offshore oil and gas sales at Cook Inlet in the Gulf of the U.S. and Alaska. This decision effectively blocks leases across 625 million acres of federal lands and water bodies, countering an 11-hour drilling halt […]
How Trump Can Put an End to Europe’s Control Over American Oil and Gas
The Trump administration has a chance to ease the long-standing regulations imposed by the US on European Union energy markets, according to insights from energy experts and industry insiders. These regulations have made it more expensive for American oil and gas companies to operate in the EU, and there’s talk about pressuring the EU for […]