Energy & Fuel

"Biden Admin Sued for Hiding Records on Opposition to Fossil Fuel Phaseout"

"A national conservation group sued the Biden administration on Tuesday for failing to respond to a public records request pertaining to the Interior Department's dismissal of a petition that called for a phaseout of oil and gas extraction on federal lands and waters."

Source: Common Dreams, 11/29/2023

"Revealed: Saudi Arabia’s Grand Plan To ‘Hook’ Poor Countries On Oil"

"Saudi Arabia is driving a huge global investment plan to create demand for its oil and gas in developing countries, an undercover investigation has revealed. Critics said the plan was designed to get countries “hooked on its harmful products”.

Source: Guardian, 11/28/2023

US Oil And Gas Production Set To Break Record In 2023 Despite UN Treaty

"The United States is poised to extract more oil and gas than ever before in 2023, a year that is certain to be the hottest ever recorded, providing a daunting backdrop to crucial United Nations climate talks that hold the hope of an agreement to end the era of fossil fuels."

Source: Guardian, 11/28/2023

"Biden’s Absence at Climate Summit Highlights His Fossil Fuel Conundrum"

"President Biden signed the country’s first major climate law and is overseeing record federal investment in clean energy. In each of the past two years, he attended the annual United Nations climate summit, asserting American leadership in the fight against global warming. But this year, likely to be the hottest in recorded history, Mr. Biden is staying home."

Source: NYTimes, 11/28/2023

"U.S. Gas Prices Plunging as Holiday Travelers Hit the Road"

"With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months." "U.S. gasoline prices are plunging just in time for Thanksgiving, and with the OPEC Plus oil cartel in apparent disarray, they could be heading lower for Christmas."

Source: NYTimes, 11/27/2023

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