LOS ANGELES—A Senate bill to have the Public Employees’ Retirement System and the State Teachers’ Retirement System divest from fossil fuels was supported by the Los Angeles City Council on April 5. The council passed a resolution, introduced by Councilman Paul Koretz, to support Senate Bill 1173, which was introduced by Sen. Lena Gonzalez (D-…
Los Angeles Calls for State Pension Funds to Divest From Fossil Fuels
April 5, 2022
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climate changedivestmentfossil fuelLocal NewsLos AngelesLos Angeles city councilRegional NewsRegional-Local NewsSouthern CaliforniaUS
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Know Blood for Oil
Commentary During President George H.W. Bush’s 1991 Persian Gulf War, protesters took up the slogan, “No Blood for Oil”—the filthy, lucrative, greenhouse gas-producing commodity being an obscene cause for anyone to die for. But oil is not the devil’s venom all too many have been convinced it is. The black gold pumped from deep underground…
Texas Puts Pressure on Firms that Boycott Oil and Gas Companies
March 24, 2022
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Business & EconomyCompanieseconomic policieseconomyfossil fuelLocal NewsMarketsoil and gasRegional-Local NewsTexasUSUS News
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Texas state agencies may no longer invest funds in companies that boycott oil and gas companies, Texas Comptroller Glenn Hegar said on March 21. As of March 16, Hegar had written to 19 major international investment firms like JP Morgan, Credit Suisse, and Blackrock, asking them to clarify their policies on fossil fuel investments. Companies have…
Let Alaska Double Oil Production, Gov. Dunleavy Urges Biden
March 18, 2022
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Alaskan National Wildlife RefugeBusiness & Economyeconomic policieseconomyExecutive Branchfossil fuelMarketsMike DunleavyPolicies & ImpactsPoliticsRegional NewsRegional-Local NewsUSUS News
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Oil production in Alaska has shrunk to its lowest level since the late 1970s, and gasoline prices are soaring, prompting Gov. Mike Dunleavy to urge the Biden administration to reverse its energy policies and permit Alaska to produce more oil. Alaska produced about 448,000 barrels per day of oil in 2020, less than a quarter of…
Kremlin Influence Operations on US Energy Policy Need Further Probing: Rep. Johnson
Rep. Bill Johnson (R-Ohio) is urging the U.S. House committees, with jurisdiction over U.S. energy policies, to investigate evidence that Russia has made a concerted effort to have western nations, including the United States, become dependent on Russian fossil fuels, by funding a social media campaign and activist groups. “So, there’s also evidence in that report…
Current Policies Inhibiting America’s Ability to Become Energy Independent: Jason Isaac
March 13, 2022
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Business & Economyeconomic policieseconomyExecutive Branchfossil fuelMarketsoil pricesPolicies & ImpactsPoliticsUSUS News
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The Biden administration has taken a “whole-government approach against the fossil fuel industry” making the nation less equipped to becoming energy independent, Jason Isaac from the Texas Public Policy Foundation told NTD’s “Capitol Report” on March 11. While the Environmental Protection Agency (EPA) is “standing on the accelerator to zero emissions,” the Biden administration is “colluding…
Energy Policy in North America Focuses on Climate Change to the Neglect of Energy Security: AB Energy Minister
March 12, 2022
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Business & EconomyCanadacarbon taxclimate changeeconomyenergy securityfossil fueloil and gasoilsandsRussian oilUkraineWorld
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Alberta Energy Minister Sonya Savage says it is high time that the Liberal government treats Alberta’s oil and gas reserves as a strategic asset, and not a liability to be phased out to the detriment of energy security. Speaking at a press conference on March 11, Savage said the Russian invasion of Ukraine has put…
Energy Policy in North America Focuses on Climate Change to the Neglect of Energy Security: Alberta Energy Minister
March 12, 2022
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Business & EconomyCanadacarbon taxclimate changeeconomyenergy securityfossil fueloil and gasoilsandsRussian oilUkraineWorld
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Alberta Energy Minister Sonya Savage says it is high time that the Liberal government treats Alberta’s oil and gas reserves as a strategic asset, and not a liability to be phased out to the detriment of energy security. Speaking at a press conference on March 11, Savage said the Russian invasion of Ukraine has put…
National Security Expert: US Needs to Act, Not React
March 10, 2022
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Business & Economyeconomic policieseconomyfossil fuelinflationjames carafanoMarketsOPECPolicies & ImpactsPoliticsUSUS News
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Retired U.S. Army Lt. Col. James Carafano, a national security expert at the Heritage Foundation, said the United States needs to act quickly and decisively to ensure our national security, not react to what our adversaries, such as China and Russia, decide to do. “You never want to be in a situation where the enemy gets to…
Global Oil CEOs Stress Need for Fossil Fuels Despite Push for Cleaner Energy
HOUSTON—A global energy conference devoted to future technologies and low-carbon strategies kicked off in Houston on Monday with top executives from energy companies affirming the need for more oil for decades to come. The World Petroleum Conference’s four days of discussion started with chief executives from global giants Exxon Mobil Corp., Saudi Aramco, Chevron Corp.,…
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