Energy

At a time when US officials are saying virtually every day that the US is in "active discussions" to ban Russian oil imports, Germany's economy minister said that while he regrets the country is still dependent on imports from Moscow, he warned against a comprehensive ban on energy imports from Russia.As Dutesche Welle reports, "Germany…

March 05, 2022 3:08 PM ET U.S. gas prices are rising at a record pace as sanctions placed on Russia have threatened the global oil markets and refineries are struggling to keep up with demand.The average price per gallon of unleaded gasoline jumped to $3.92 Saturday, according to AAA. A week ago, drivers paid about…

The governments of China and Russia are developing an agreement that would see Beijing purchase 100 million metric tons of coal from Moscow, the Kremlin announced on Friday. “[A]n intergovernmental agreement with the People’s Republic of China is being developed, and the figure is 100 mln tonnes [of coal],” Sergey Mochalnikov — the Head of Department…

A weather phenomenon known as a bomb cyclone has begun to hit the east coast, leaving over 100,000 people in Massachusetts without power Saturday morning.A bomb cyclone is a rapidly intensifying storm with a significant drop in atmospheric pressure, also called a nor’easter. During this time of year, it is typically characterized by heavy snow…

Authored by Mike Shedlock via MishTalk.com,The Biden administration moves to make appliances more expensive and less effective...How to Make Every Room in Your House More ExpensiveBen Lieberman, a former staff member on House Energy and Commerce Committee, has an interesting Op-Ed in the Wall Street Journal on Biden's regulatory overreach. Please consider a a Regulatory Burden for Every…

During an interview with Phoenix’s KTAR News 92.3’s “Arizona’s Morning News” on Thursday, Sen. Mark Kelly (D-AZ) defended the increase in energy taxes in the Build Back Better reconciliation bill by stating that the goal of the legislation is to reduce costs for families, and “there’s stuff about energy in this bill. I mean, we’ve got…

Energy Secretary Jennifer Granholm appeared on CNN’s “State of the Union” with Dana Bash Sunday to address the rising cost of energy in America.“It will be more expensive this year than last year.” Granholm remarked in regard to heating costs. “We are in a slightly more beneficial position, certainly relative to Europe because … they’re…

U.S. oil refiner Phillips 66 announced Thursday it will cut greenhouse gas emissions by 30% from its operations and products by 2030, a move that follows mounting pressure on the energy sector to reduce emissions.Phillips 66 said in a press release it will cut Scope 1 and Scope 2 emissions by 30% by the end…

Joe Biden is certainly not the president of the United States. He does not have the initiative to do the job. This is particularly true now. However, he is sitting in the office of Chief Executive of the United States, and as such he can wield a lot of power, and he is… all in…

President Joe Biden is emphasizing a tax code change targeting energy companies that would fund part of his American Families Plan and make gas prices rise. “If we end tax breaks for fossil fuels and make polluters pay to clean up the messes they have made, that would raise $90 billion. I’m not asking them…