Category: energy industry

Natural Gas Eyes $8 As Prices Surge to Highest Levels Since 2008

Natural gas futures are trading at their highest levels in more than 13 years, with the May contract flirting with $8 per million British thermal units (Btu). The energy commodity has been rallying on market tightness, driven by lower-than-normal temperatures in the United States and Europe and strong export demand amid Russia’s invasion of Ukraine….


World Economy Entering Period of Oil Scarcity, Halliburton CEO Says

News Analysis Halliburton CEO and president Jeff Miller made waves on Monday predicting that the world is due for a period of oil scarcity in comments at the World Petroleum Congress in Houston, Texas. “I think that for the first time in a long time, we will see a buyer looking for a barrel of…


PA Senate ERE Committee Wants to Keep PA Out of Greenhouse Gas Program

Pennsylvania Gov. Tom Wolf is pressing for his state to join the Regional Greenhouse Gas Initiative (RGGI), a program intended to cap and reduce carbon dioxide emissions from the power sector. However, State Senate Environmental Resources and Energy (ERE) Committee Chairman Gene Yaw (R) told The Epoch Times that Wolf’s proposed plan to enter Pennsylvania…


Biden’s Stance on Energy Will Gut Production and Economy, Experts Say

The Biden administration has clamped down hard on energy and oil as part of its climate change agenda. But experts warn the president’s recent actions will have long term impacts on production and the economy—it will also mean more dependence from imports. President Joe Biden recently issued a slew of executive orders including freezing new…


American Energy Independence at Risk With Biden Orders, Experts Say

The Biden administration has clamped down hard on energy and oil as part of its climate change agenda. But experts warn the president’s recent actions will have long term impacts on production and the economy—it will also mean more dependence from imports. President Joe Biden recently issued a slew of executive orders including freezing new…