Commentary: Magical Thinking Meets the Inconvenient Realities of the ‘New Energy Economy’

by Mark P. Mills   A week doesn’t pass without a mayor, governor, policymaker or pundit joining the rush to demand, or predict, an energy future that is entirely based on wind/solar and batteries, freed from the “burden” of the hydrocarbons that have fueled societies for centuries. Regardless of one’s…

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More Local Governments in Colorado Pass Moratoriums on Oil and Gas Development Because of New Regulations

by Derek Draplin   Berthoud and Broomfield are the latest local governments in Colorado to implement a moratorium on oil and gas development following passage of new industry regulations signed into law last month. The Colorado Oil and Gas Conservation Commission, the state’s regulatory body, issued “objective criteria” that will require…

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Oil Markets Shrug Off Venezuela’s Political Unrest Thanks to U.S. Energy Boom

by Michael Bastach   When Juan Guaido launched his coup attempt, oil markets didn’t do what they typically do in the face of supply threats. Instead, markets largely shrugged off Venezuelan unrest instead of sending prices soaring. That’s because of two factors: mismanagement by Venezuela’s socialist government and the U.S. energy boom.…

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Gavin Newsom Under Pressure to End Drilling as California’s Reliance on Saudi Oil Soars

by Michael Bastasch   Environmentalists are optimistic Democratic California Gov. Gavin Newsom will further restrict, or even end, oil and gas drilling, despite his state’s increasing reliance on oil shipped from abroad. So-called “keep it in the ground” activists want to see Newsom ban new oil and gas leases, but…

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Nine States Back Environmentalists Trying to Shutdown Search for Oil in Atlantic

by Tim Pearce   Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for oil and gas deposits in the Atlantic Ocean. Maryland Attorney General Brian Frosh announced Thursday the states would join environmental groups in a lawsuit to prevent the Trump…

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Enviros File Lawsuits to Stop Trump’s Approval of Surveys for Oil Deposits

by Chris White   Environmental groups are suing to prevent the Trump administration from approving seismic survey testing for oil and gas reserves off the South Carolina coast. Oceana and the Sierra Club argued in legal filings Tuesday that the Commerce Department’s approval of seismic testing violates the Endangered Species…

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Docs Suggest a Vendetta Between Two Lawyers Might Be Fueling Climate Crusade

by Chris White   Two of the attorneys representing various cities in climate litigation against oil companies have a history of suing and counter-suing each other over personal squabbles, according to documents obtained by The Daily Caller News Foundation. Environmental attorneys Vic Sher and Matt Pawa got into a multi-million-dollar legal…

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Obama Touts Climate Legacy, Then Takes Credit for US Oil Boom

by Michael Bastasch   Former President Barack Obama said he was “extraordinarily proud of the Paris accords” before, rather ironically, taking credit for booming U.S. oil and gas production. “I was extraordinarily proud of the Paris accords because — you know, I know we’re in oil country and we need…

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Trump Approved the First-Ever US Oil Facility in Arctic Waters

by Tim Pearce   The Department of the Interior approved what could be the first-ever oil and gas production facility in U.S.-controlled Arctic waters Wednesday. Hilcorp Alaska submitted a proposal to build a 9-acre gravel island off the coast of Alaska in the Beaufort Sea. The artificial island, called the Liberty Project,…

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