Biden

Eversource CEO Urges Biden to Waive Jones Act as New England Facing Possible ‘Severe Natural Gas Shortage’

Eversource CEO Urges Biden to Waive Jones Act as New England Facing Possible ‘Severe Natural Gas Shortage’

The CEO for New England’s largest utility, Eversource Energy, called on President Biden in a letter last week to enact federal emergency orders to “swiftly address the growing concerns” of New England’s access, or lack thereof, to natural gas this winter heating season.  New England, which lacks the natural gas pipeline infrastructure to fill out…

November 7, 2022
Citing ‘Windfall of War’ and Record Profits, Biden Floats New Tax on Natural Gas, Oil Majors

Citing ‘Windfall of War’ and Record Profits, Biden Floats New Tax on Natural Gas, Oil Majors

Domestic crude production ticked lower last week along with demand, the U.S. Energy Information Administration (EIA) said Wednesday. The latest government snapshot followed President Biden’s assertion this week that energy majors are keeping a lid on output in order to maintain high oil and natural gas prices to bolster profits. Biden on Monday floated a…

November 4, 2022
Shock OPEC-Plus Production Cut Galvanizes Fresh Support for Bill Targeting Cartel Price Fixing

Shock OPEC-Plus Production Cut Galvanizes Fresh Support for Bill Targeting Cartel Price Fixing

The consortium of oil-producing countries known as OPEC-Plus spurred rare bipartisanship in the U.S. capital after the cartel said it would slash crude production. The group said last week its decision to cut output by 2 million b/d in November was in response to global recessionary headwinds and threats to demand. But Washington lawmakers on…

October 10, 2022
Automotive Industry Led Clean Energy Job Comeback in 2021

Automotive Industry Led Clean Energy Job Comeback in 2021

While 2021 saw fossil fuels jobs decline by more than 35,000, the clean energy and clean vehicle subsectors regained about 156,000 positions, according to a report from climate advocacy group Environmental Entrepreneurs (E2). In its Clean Jobs America 2022 report, E2 found that 50% of new energy jobs were in clean energy-related sectors, including solar,…

August 22, 2022
Natural Gas Rules Cited in USMCA Complaint Against Mexico

Natural Gas Rules Cited in USMCA Complaint Against Mexico

The U.S. government is escalating its response to Mexico’s energy policies under President Andrés Manuel López Obrador, alleging violation of the United States-Mexico-Canada Agreement (USMCA) and discriminatory treatment of U.S. energy companies. U.S. Trade Representative (USTR) Katherine Tai said Monday that her office is requesting dispute settlement consultations with Mexico under the free trade pact,…

July 20, 2022
GHG Tracking Positions U.S. to Catch Up In World’s EV Race, Say Feds

GHG Tracking Positions U.S. to Catch Up In World’s EV Race, Say Feds

As U.S. consumers warm to the prospect of purchasing a battery-powered electric vehicle (BEV), the Biden administration said it may propose a system that would push states and municipalities to reduce transportation-related greenhouse gas (GHG) emissions.  Earlier this month, the U.S. Department of Transportation’s (DOT) Federal Highway Administration (FHWA) announced a notice of proposed rulemaking…

July 19, 2022
U.S. Oil Production Ebbs, IEA Cuts Global Demand Forecast as Biden Heads to Middle East

U.S. Oil Production Ebbs, IEA Cuts Global Demand Forecast as Biden Heads to Middle East

On a day when President Biden launched a Middle East tour in part to press for greater crude output, U.S. officials said American oil production declined along with consumption. A global energy watchdog also lowered its demand outlook, citing the specter of recession. One week after reaching a 2020 high, U.S. producers pumped 12.0 million…

July 13, 2022
Mexico’s AMLO Visits White House Amid Tensions, Opportunities in Energy Sector

Mexico’s AMLO Visits White House Amid Tensions, Opportunities in Energy Sector

After recently shunning an invitation to attend the Summit of the Americas in Los Angeles, Mexico’s President Andrés Manuel López Obrador travels this week to the White House for a bilateral meeting with U.S. President Joe Biden. The meeting on Tuesday (July 12) comes at a time of great opportunity for economic cooperation between the…

July 11, 2022
Stop Vilifying Oil and Gas Industry, Chevron’s Wirth Tells Biden

Stop Vilifying Oil and Gas Industry, Chevron’s Wirth Tells Biden

Chevron Corp. CEO Mike Wirth urged President Biden on Tuesday to stop criticizing the oil and gas industry to score political points and instead work constructively with energy executives about how to deal with high commodity prices.  The letter from Wirth preceded a meeting scheduled on Thursday between oil and gas chiefs and the administration.…

June 22, 2022
API Calls on Biden Administration to Fast-Track LNG Export Approvals

API Calls on Biden Administration to Fast-Track LNG Export Approvals

The American Petroleum Institute (API) has put forth a 10-point policy plan it wants the Biden administration to adopt to promote U.S. oil and natural gas production – and ease the global energy crisis. “As energy costs and geopolitical instability around the world continue to rise, API is calling on policymakers to confront the global…

June 21, 2022
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