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Easy-to-remember points on the benefits of fossil fuels Today, I’ll share Energy Sound Bites to support the second core truth: Only by using fossil fuels can 8 billion people have the energy they need to survive and flourish. As a reminder, the goal of Energy Sound Bites is to distill key facts and insights about energy, …
COMMENTARY: Energy Sound Bites on Fossil Fuels – Alex Epstein Read More »
More From Irina Slav Some weird stuff has been happening in energy and related fields lately. Despite repeated assurances that decarbonisation would be a boon for every economy, we have recently learned that Germany’s GDP slipped into an unexpected contraction in the second quarter and that the UK dropped out of the world’s top 10 …
COMMENTARY: Some Weird Stuff is Happening in Energy – Irina Slav Read More »
By Gavin Maguire LITTLETON, Colorado, July 30 (Reuters) – The power sector is the only major consumer of natural gas that has shown consistent demand growth in recent years, and has become the driving force behind natural gas demand in the United States as consumption from other sectors declines. Natural gas use by power generators …
Power Sector Drives Growth in US Natural Gas Demand Read More »
(Reuters) – U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. BIG TECH As a candidate for California attorney general, Harris reportedly assured potential donors that she was “a capitalist.” She has generally been seen as …
As California attorney general, Harris had sued oil companies She’s been more critical of fracking, offshore oil than Biden As California attorney general, Kamala Harris brought lawsuits against fossil fuel companies, prosecuted a pipeline company over an oil leak and investigated Exxon Mobil Corp. for misleading the public about climate change. Now, with the vice president suddenly …
Harris Seen as Tougher Oil Industry Opponent Than Biden Read More »
North Dakota governor with energy expertise is a VP contender Strategists say his charm and rural roots could lure moderates Donald Trump and Doug Burgum in Las Vegas.Photographer: Ian Maule/Bloomberg About this time last year, voters didn’t know the name Doug Burgum. Just to get on a debate stage with other Republican presidential primary contenders, he …
North Dakota Governor With Energy Expertise Emerges as Trump VP Contender Read More »
By Alex Epstein I often travel to give speeches about my work to energy companies, university students, non-profit organizations, and a variety of other audiences. Since these speeches often include a Q&A, I thought it would be fun to compile some of the most interesting questions I’ve been asked recently—along with my answers. What follows …
By John Kemp (Reuters) – Portfolio investors last week repurchased some of the petroleum they had sold the week before after Saudi Arabia and its OPEC+ allies stressed any future production increases would be contingent on market conditions. Hedge funds and other money managers purchased the equivalent of 80 million barrels in the six most important …
Oil Funds Temper Bearishness After OPEC+ Reassurance Read More »
A new presentation from the Legislative Finance Committee reported a revenue of $15.2 billion from the extractive industry to New Mexico in fiscal year 2023. Land income generated $8.6 billion, while taxes generated $6.6 billion. By George Sharpe Vermont just passed a law intended to “fine” oil and gas companies for the damages caused by …
OPINION: Vermont is Learning the Hard Way That Renewables Don’t Replicate O&G Read More »
KKR & Co. co-founder Henry Kravis pushed back against climate activists who interrupted a speech to criticize the firm’s fossil-fuel investments, saying they underestimate the difficulty of shifting the economy to clean energy. Kravis was speaking on a panel at the Conference of Montreal on Monday when protesters walked to a podium on stage and accused him of “ruining Canada.” …
