Energy prices have retreated since Vladimir Putin’s invasion of Ukraine, but America’s enemies haven’t. So it’s hard to believe the Biden Administration is considering an election-year gift to Russia and Iran: An embargo on permitting new liquefied natural gas (LNG) export projects.
Four Republicans broke with others in their party Thursday to back legislation that would study the greenhouse gas footprint of certain industrial imports and exports — something that could lead to the creation of new tariffs.
During the past week’s cold weather, utilities across the country asked customers to reduce their energy consumption to avoid blackouts. While inclement weather has always harmed infrastructure and led to power outages, energy experts say the problem of running out of electricity is something more recent.
In 2023, the US economy grew while greenhouse gas emissions declined, according to a new report — a good environmental outcome and a good economic outcome brought to you by our old friend: petroleum.
WASHINGTON, Jan 19 (Reuters) - The Biden administration faces mounting pressure over whether to approve a massive new Louisiana LNG export project, with environmentalists saying the facility would undermine U.S. climate goals and business interests arguing it is essential for global energy security.
Key decisions are expected to be made about the future of natural gas this year, with implications for whether President Joe Biden reaches his goal to achieve a carbon-free grid by 2035.
The nation’s emergency oil reserves are down to seeds and stems, but the Biden Administration has now fulfilled its December promise to purchase 3.2 million barrels of oil for the Strategic Petroleum Reserve.