** Oil company executives who backed Trump’s campaign say they do not actually want to “drill, baby, drill,” but to pursue policies to speed up pipelines and export projects to create more global demand for their products. ** Hyundai Motor North America announced it will recall more than 42,000 vehicles due to a wiring issue that can …
Category: EPA
Energy briefs
** The American Gas Association ), in collaboration with other trade associations and a manufacturer, presented oral arguments before the Court of Appeals for the District of Columbia Circuit in AGA v. DOE, a legal challenge to the U.S. Department of Energy’s (DOE) final Consumer Furnace Rule establishing new standards for residential furnaces and two …
Energy briefs
** Boeing will lay off more than 2,500 workers in the U.S. states of Washington, Oregon, South Carolina and Missouri, according to federally required filings posted on Monday and a union official, as part of the debt-heavy U.S. planemaker’s plan to cut 17,000 jobs, or 10% of its global workforce. ** Just days after announcing a …
Energy briefs
** The Biden administration is weighing a last-ditch push for an international agreement that would restrict financial support for foreign oil and gas projects before critical talks start in Paris. ** Donald Trump’s pick for energy secretary called net zero a “sinister goal” and drank bleach on camera. Chris Wright, the founder and chief executive of Denver-based Liberty …
North Dakota Gov. named the man in charge of energy
Energy czar might be a fitting title for North Dakota Gov. Doug Burgum after being named Friday by President-elect Donald Trump as his choice to run the Interior Department. His selection could very well be celebrated in the nation’s oil and gas industry. Trump also announced he will create a National Energy Council to …
Energy briefs
** North Dakota utility regulators granted approval on Friday for a span of a proposed carbon dioxide pipeline that would cross five Midwestern states — a key victory for the company that has faced vociferous landowner objections and various hurdles and setbacks in its plans.** Jeff Bezos, the owner of Amazon, has invested more than £7 million to try …
Energy predictions from the EIA
Where are the US and the rest of the world going when it comes to energy consumption? Here’s the latest predictions from the U.S. Energy Information Administration: Global oil consumption. India has emerged as the leading source of growth in global oil consumption in our forecast. Over 2024 and 2025, India accounts for 25% …
EPA comes out with flaring fee on oil and gas producers
The Biden administration’s Environmental Protection Agency just implemented another restrictive rule on the oil and gas industry—a fee for flaring. The EPA took the final steps in its crackdown on methane leaks and did so as part of the Inflation Reduction Act. It is considered to be a move that will make it more difficult …
Energy briefs
** The incoming Trump administration plans to shrink two national monuments in Utah shortly after taking office, which will open hundreds of thousands of acres of federal land to oil and gas drilling and uranium and coal mining. ** The Biden administration plans to release a blueprint for an additional 200 GW of nuclear power by 2050, …
Former New York Congressman chosen to head the EPA
The next head of the Environmental Protection Agency will be former New York Congressman Lee Zeldin. He was chosen by President-elect Donald Trump but apparently doesn’t have much environmental experience. The GOP Representative, however, is a longtime supporter of Trump. In the first Trump administration, former Oklahoma Attorney General Scott Pruitt was chosen …
