The oil and gas industry is looking to the future with caution, and plans for expanding production of fossil fuels appear to be limited. At the Enercom Energy Investment conference in Denver this week, the oft-repeated mantra among CEOs was that they will use the bulk of their profits to pay down debt and return…
Biden Administration, Wall Street Impede New Oil and Gas Investments
The Agenda Behind Climate Change Catastrophism
Commentary Democrats on Capitol Hill are pressuring the Biden administration to declare a climate emergency, voicing their doomsday predictions that without immediate action to curb and ultimately end our dependence on fossil fuels, “the planet” and, by implication, every living creature that inhabits it, will die. “If we don’t really begin to lower emissions, this…
From the C-Suites to the Media, When It Comes to Energy, We Need More Balance, Less Fear
Commentary IMPERIAL, Pennsylvania—In the last 22 years, protecting and caring for the planet has gone from a “we’re all in this together” part of our culture to a political wedge issue. And it isn’t just your average pedestrian wedge issue that surges and wanes with each election cycle. No, this one is volatile, vengeful, and…
Joe’s Dubious Oil Slick
Commentary “Don’t they know it’s the end of the world …” — Skeeter Davis, 1962 President Biden has repeated a story he has told before, but repetition does not necessarily make it true. Speaking last week in Somerset, Massachusetts, where a coal-fired power plant once stood, Biden again recalled growing up in Claymont, Delaware, where he said…
Inflation ‘Episodic’ and Fossil Fuels Are Never Going Away: Billionaire Investor
Charlie Munger, the vice chairman of Warren Buffet’s Berkshire Hathaway, is not particularly worried about inflation, and believes people will be using fossil fuels for a long time. Inflation is “always with us in an episodic way,” Munger said in an interview published by the Australian Financial Review on July 12. “That’s what modernity causes….
Financial Giants Reject West Virginia’s Claims That They’re Boycotting Fossil Fuels
Six financial institutions that West Virginia Treasurer Riley Moore contacted over their alleged boycotting of the fossil fuel industry have replied, denying the accusations while laying the groundwork for what could be a protracted legal battle. The Epoch Times obtained the letters through a West Virginia Freedom of Information Act request. Moore sent letters to…
Why We Need More Fossil Fuels: Energy Expert Alex Epstein
Contrary to the mainstream narrative that we need to urgently replace fossil fuels with renewable energy to counter disastrous global warming, philosopher and energy expert Alex Epstein said humans should use more fossil fuels to make humans safe and productive. “If you think about it with a rational, pro-human, philosophical perspective, it’s actually obvious that…
How Angela Merkel’s Green Agenda Caused the Economic Collapse of Germany
Commentary Remember how the world, especially the American media, fawned over former German Chancellor Angela Merkel? The adoration was so over the top that in 2015 Time magazine named Merkel its “Person of the Year.” It described her as the “Chancellor of the Free World.” Time owes whatever readers it has left a solemn apology….
America’s Energy Independence
Commentary The United States is a big country with lots and lots of natural resources, but our energy independence is complicated. For instance, with oil, it was a much different story 140 years ago. Official numbers vary, but in 1880 the United States was responsible for 85–95 percent of world oil production and refining. John…
The Anthropogenic Global Warming Hypothesis and the Causality Principle
Commentary An argument continues to rage in the scientific community about the scientific validity of global climate change and, in particular, global warming. In essence, the argument concerns the validity of the Anthropogenic Global Warming Hypothesis (AGWH), which is the foundational hypothesis of Global Warming (Change) Science and assumes that the rise in the global…
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