The future of climate change lawsuits against fossil fuel companies now lies in the hands of the U.S. Supreme Court. On Tuesday, justices heard arguments whether such lawsuits filed by the city of Baltimore should stay in state courts or in federal courts where some believe the oil and gas industry might have more …
Considered the nation’s most influential business lobby group, the U.S. Chamber of Commerce has changed its mind about climate change, doing so a day before Joe Biden became President and brought renewed greenhouse emissions efforts with him. Now the Chamber says it supports a “market-based approach to accelerate GHG (greenhouse gas) emissions reductions across …
Editors of the National Review made a blunt assessment of Joe Biden just as he prepared to be sworn in as President. “Joe Biden is getting ready to get off to a poor start,” they wrote critically about reports that he would yank the permits for construction of the controversial Keystone XL pipeline that …
Halliburton’s CEO Jeff Miller expressed optimism about the oil and gas industry’s recovery this year and next year, at least in North America. This as Halliburton reported a net loss of $235 million or 27 cents a share for the fourth quarter of the year. It was an increased loss compared to the third …
In what is described as a last-minute move by the Trump administration, three oil refineries were granted exemptions from biofuel-blending mandates. Reports did not identify the three refineries but Oklahoma’s Wynnewood Refining Company is one of two firms whose appeals of earlier denials will be heard sometime this year by the U.S. Supreme Court. …
