October 2023 archive

Peter Zeihan—don’t pop the champagne quite yet over major lithium discovery

  While much of the lithium-development industry has focused on the nearby Smackover Formation of Southern Arkansas, where at least one Oklahoma City energy firm is deep in development, others are curious about the McDermitt Caldera near the Oregon-Nevada border. The lithium deposit discovered there could be the largest ever in the U.S. and according …

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US petroleum exports set record in first half of 2023

  Even as the number of oil and gas drilling rigs slide downward, oil and gas production is up and led to a record amount of petroleum products in the first half of the year, according to the U.S. Energy Information Administration. U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in …

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Quick energy reads

** The White House is prohibiting senior administration officials from traveling for international energy engagements that promote carbon-intensive fuels, including oil, natural gas and coal, Fox News Digital has learned. ** Californians are bracing for Gov. Gavin Newsom’s (D) impending signoff on a seminal slate of rules that would require large companies to disclose both their greenhouse gas …

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Texas regulators approve massive coal mine expansion

  A 12,000-acre coal mine expansion by an electric utility was recently approved by the Texas Railroad Commission, even though local citizens, governments and experts opposed the decision. The expansion was approved for San Miguel Electric Cooperative and Railroad Commissioner Jim Wright defended the decision, saying it was necessary to keep the state’s grid running. …

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Solar and wind receive more government subsidies than oil and gas

  A new government report confirms what many in the oil and gas industry have contended since Joe Biden became President—his administration gives more subsidies to renewable energy than to the fossil fuel industry. No surprise, but the 59-page report by the Department of Energy’s Energy Information Administration also showed that the solar industry is …

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