oil and gas

Report says many utilities are slow-walking clean energy goals

BY: - October 6, 2022

DENVER – A report released this week by the Sierra Club faults dozens of utilities that provide a major chunk of U.S. electric generation for failing to speed up their decarbonization efforts. “For the sake of our communities and planet, we must do everything in our power to create a clean, renewable electric grid by […]

PR work for ‘Big Oil’ helped stymie climate action, U.S. House Democrats say

BY: - September 15, 2022

WASHINGTON – Public relations firms aligned with oil and gas companies have tested the limits of their industry ethics and caused major slowdowns to federal climate change policy, Democrats on a U.S. House panel said at a Wednesday hearing. The firms’ conduct went beyond the bounds of ethical public relations work, Democrats on the House […]

COMMENTARY

Looking for jobs in all the wrong places: Ohio policymakers’ misguided belief in natural gas

BY: - August 24, 2022

If you’re looking for economic development that will deliver job growth, increase local commerce, and improve quality of life, you can’t do much worse than natural gas extraction, gas-fired power plants, and infrastructure. They don’t provide many jobs and they impose serious costs that discourage other kinds of job-creating economic activity.  Apart from contributing to […]

After big windfall for energy companies, Ohio economists divided on profits tax

BY: - August 22, 2022

Is it a good idea to tax energy companies on all the barrels of extra cash oil companies made off of this year's high prices? A panel of Ohio economists is divided.

Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill

BY: - August 17, 2022

WASHINGTON — President Joe Biden signed his party’s signature climate, health care and tax package into law Tuesday, capping off more than a year of tumultuous negotiations that saw his original proposal to Congress slimmed down considerably. Flanked by a handful of Democrats, including Senate Majority Leader Chuck Schumer, House Majority Whip Jim Clyburn and […]

5 big questions about the new Biden plan for offshore oil and gas leases

BY: - July 12, 2022

Just before the July 4 holiday, the federal agency that manages offshore energy development proposed a five-year plan for as many as 11 and as few as zero new oil and gas sites in the Gulf of Mexico and off Alaska’s coast. The proposal would clear the way for up to 10 new oil and […]

EPA issues waiver for sales of 15 percent ethanol blend during summer driving season

BY: - May 3, 2022

WASHINGTON — The EPA issued a fuel waiver Friday afternoon to allow for a heightened ethanol gasoline blend to be sold at service stations this summer, an attempt by the Biden administration to lower soaring fuel prices. In a letter to Minnesota Gov. Tim Walz, EPA administrator Michael S. Regan wrote that the waiver will allow gas stations to sell […]

U.S. House panel grills oil executives on soaring gas prices

BY: - April 7, 2022

Democrats blamed the oil industry, Republicans blamed President Joe Biden and oil executives blamed global market forces at a U.S. House hearing Wednesday on how to reverse a dramatic increase in gas prices. Over nearly six hours, members of the House Energy and Commerce Subcommittee on Oversight and Investigations and executives from six oil companies […]

Biden OKs release of 1 million barrels of oil a day from reserve, calls for supply boost

BY: - April 1, 2022

President Joe Biden called Thursday for U.S. energy companies to do their part in lowering gasoline prices by boosting supplies of oil, saying the industry should plow record profits back into increased production. Biden also said he would release 1 million barrels of oil from the Strategic Petroleum Reserve daily for the next six months […]

Federal judge cites climate effect in canceling Gulf of Mexico oil and gas lease sale

BY: - January 31, 2022

A federal judge invalidated leases to drill for oil and gas in a broad swath of the Gulf of Mexico, telling the Biden administration to weigh climate impacts before allowing development. The ruling late Thursday handed a victory to environmental groups that had challenged the Interior Department’s move to comply with a separate court order […]

Expansion in Gulf of Mexico drilling splits U.S. House panel along party lines

BY: - January 24, 2022

As the Biden administration’s move to scrap new oil and gas leases remains in unsettled legal territory, Democrats and Republicans on a U.S. House panel sharply disagreed about the merits of new energy development in the Gulf of Mexico. Democrats on the House Natural Resources Energy and Mineral Resources Subcommittee, including Chairman Alan Lowenthal of […]

Interior Department calls for oil and gas leasing updates, but not ending production

BY: - November 29, 2021

The U.S. Interior Department recommended increased fees for oil and gas exploration on federal lands as part of a long-awaited report released Friday that environmental groups said didn’t go far enough in limiting fossil fuels and Republicans derided as an attack on domestic producers. The report, ordered by President Joe Biden during his first week in […]