For $ 100 Oil: More Driving, Less Drilling
This post was originally published on this siteWall Street’s summer forecast requires $ 100 in oil. Barrel costs haven’t been that high since the summer of 2014, before OPEC began price competition with US shale producers and pushed oil prices into a long-standing slump. In the early days of the...
Texas Earthquakes Prompt New Fracking Rules
This post was originally published on this siteFrackers will have to find a new home for wastewater as the state acts to stem rising seismic activity, adding to drillers’ costs.
Fossil fuel subsidies are proving harder to end than first thought
This post was originally published on this sitePresident Biden campaigned on ending oil and gas industry subsidies. But getting rid of them requires passing legislation. A bill eliminating the overseas drilling subsidy is stalled in Congress.
