Rep. James Comer (R-Ky.), the likely incoming chairman of the House Committee on Oversight and Reform, announced on Dec. 4 a “broad probe into President [Joe] Biden’s energy crisis that is harming the pocketbooks of Americans,” with particular emphasis on the president’s “secret deal” with Saudi Arabia. “Since Day One in office, President Biden has…
House Republicans to Probe Biden Energy Deal With Saudis: Comer
December 4, 2022
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energy pricesExecutive BranchHouse Committee on Oversight and Government ReformKeystone Pipelineoil and gasPoliticspresident joe bidenRep. James Comer (R-Ky.)RepublicansSaudi ArabiaUS
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House Oversight’s Incoming Chairman Launches Probe of Biden Energy Deal with Saudis
December 4, 2022
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energy pricesExecutive BranchHouse Committee on Oversight and Government ReformKeystone Pipelineoil and gasPoliticspresident joe bidenRep. James Comer (R-Ky.)RepublicansSaudi ArabiaUS
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Rep. James Comer (R-Ky.), the incoming chairman of the House Committee on Oversight and Reform, announced Sunday a “broad probe into President [Joe] Biden’s energy crisis that is harming the pocketbooks of Americans,” with particular emphasis on the Chief Executive’s “secret deal” with Saudi Arabia. “Since Day One in office, President Biden has waged war…
Cory Morgan: What Does Guilbeault’s Uncharacteristic Position at COP27 Signal?
November 21, 2022
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Canadaclimate changeCOP27fossil fuelJustin Trudeauoil and gasOpinionpetrochemicalSteven GuilbeaultViewpointsWorld
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Commentary The 2022 United Nations Climate Change Conference (COP27) came and went with less fanfare than these gatherings usually have. The annual gabfest provides the opportunity for activists, politicians, and celebrities to fly private jets across the world to gather in luxury hotels and chide people for their consumption of petrochemical products. Usually, many nations…
Can the White House’s Battle with Oil Companies Yield Any Results?
President Joe Biden recently accused oil and gas companies of “war profiteering” as they post record profits amid soaring energy prices. He handed the fossil fuel industry an ultimatum: boost production or face a windfall tax on record profits. This comes as crude oil prices are coming off a 2.5 percent gain in October, with…
BP Reports $8.2 Billion Profit in 3rd Quarter
British oil giant BP announced a further share buyback on Tuesday as it reported an $8.2 billion (£7.1 billion) profit for the third quarter. The third quarter underlying replacement cost profits—a measure that oil companies often use—were slightly down from the second quarter’s $8.5 billion (£7.4 billion) owing to dropping oil and gas prices, but…
Diesel Supply at Only 25 Days, Biden Admin Response ‘Not Helping’ Says Analyst
The United States maintains only 25 days of diesel supply, the lowest since 2008, according to recent data from the Energy Information Administration (EIA). This is down from 34.2 days in the previous four weeks. Total national stockpiles stand at 106.187 million barrels, down approximately 34 percent since Biden took office. EIA numbers confirm that…
Diesel Supply at Only 25 Days; Biden Admin Response ‘Not Helping,’ Analyst Says
The United States maintains only 25 days of diesel supply, the lowest since 2008, according to recent data from the Energy Information Administration (EIA). This is down from 34.2 days in the previous four weeks. Total national stockpiles stand at 106.187 million barrels, down about 34 percent since Biden took office. EIA numbers confirm that…
Doubts About ESG Climb Amid Mounting Challenges to Companies’ Green Claims
News Analysis As companies work to go green, they are increasingly being called out by dissatisfied environmental groups and thus are becoming more tight-lipped about their climate pledges. Analysis points to growing doubts over ESG (environmental, social, and governance) factors and their efficacy in allocating capital, but also concern about the purpose of activists and…
Biden Plays the Old Ugly American
Commentary The Left used to accuse imperialist, resource-hungry Yanquis in Washington of cutting selfish deals with illiberal dictatorships in Latin America to grab their natural resources. How odd then that President Joe Biden is now begging the despicable Maduro regime in Venezuela—corrupt, murderous, and anti-American—to produce more of its oil solely to send northward to…
Over 70% of Canadians Support Increasing Domestic Oil and Gas Production to Cut Global Dependency on Russia
Over 70 percent of Canadians say they support increasing Canada’s oil and gas production to reduce the world’s dependence on Russian energy, according to a recent poll. Released by market research firm Leger on Oct. 12, the poll found that 72 percent of Canadians indicated their support for producing and exporting more domestic oil and gas…
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