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…
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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,…
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,…
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…
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…
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…
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.…
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…
Biden Administration Eyes Four-Plus Hydrogen Hubs – with Two in Natural Gas-Rich Regions
The Biden administration’s goal to develop at least four regional hydrogen hubs is advancing with an $8 billion investment tailored to encourage development. The Department of Energy (DOE) said it would issue a funding opportunity announcement (FOA) in the near future. Prospective applicants have already expressed interest in the hydrogen hubs initiative, which became law…
Biden’s EPA Acts to Reverse Trump-Era Rule, Bolster State Power to Block Natural Gas Pipelines
The U.S. Environmental Protection Agency (EPA) under President Biden took action to unwind a rule that curbs the power of states, territories and Native American tribes to block natural gas pipelines and other energy projects that could pollute waterways. For 50 years, states and tribes had authority under the Clean Water Act (CWA) to protect…