Sent a letter to CEOs with expectations. President Biden told the CEOs of the nation’s major oil companies in a letter that he is considering invoking emergency powers…
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President May Tap Strategic Diesel Reserve
Decline in diesel inventories causes concern. The next step for President Joe Biden in mitigating the damage of supply shortages and rampant inflation could be tapping into the…
Read MoreNational Average Gas Price Continues to Climb
Experts anticipate the cost to reach $6 per gallon by August. Analysts at JPMorgan-Chase predict another surge in gasoline prices this summer, saying drivers across the nation could…
Read MoreDOE Commits $2.25 Billion to Carbon Storage
Funding for validation and testing provided by infrastructure bill. The Department of Energy announced last week that $2.25 billion from the Bipartisan Infrastructure Bill will be allocated to…
Read MoreThree Oil Companies Refuse to Testify Before House Committee
Upcoming hearing canceled due to deliberate absence. The House Natural Resources Committee requested that the CEOs of EOG Resources, Devon Energy Corporation, and Occidental Petroleum testify about the…
Read MoreFederal Reserve Appointee Withdraws from Nomination
Senator Manchin had publicly opposed her stance on energy. On Monday, Senator Joe Manchin of West Virginia announced his opposition to President Biden’s nominee to the Federal Reserve…
Read MoreInterior Extends Abandoned Mine Reclamation Program
Funding will continue to be provided to coal mine cleanup efforts. Principal Deputy Assistant Secretary for Land and Minerals Management Laura Daniel-Davis announced the renewal of the mine…
Read MoreG20 Ministers Disagree on Climate Goals
Timetables for net-zero global emissions are the sticking point. Ministers of the G20 have concluded their talks in Italy without reaching a climate deal. The energy and environment…
Read MoreGovernment to Weigh Impact on Climate
The president issues broad climate executive order. An executive order issued by President Biden Wednesday will have the government weigh climate impact in nearly everything it does. He…
Read MoreGovernment to Purchase Electric Vehicles
One of the initiatives of the administration’s climate change plan. The president’s administration made strides on Wednesday toward moving the nation away from carbon-based fuels as President Biden…
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