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COMMENTARY: Talking Points on Kamala Harris’s Fracking Reversal – Alex Epstein

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Kamala Harris is still for banning fracking—as is everyone who advocates the net-zero agenda By Alex Epstein Myth: Kamala Harris used to be for banning fracking, but now she supports fracking. Truth: Kamala Harris is still for banning fracking—because she is still for the net-zero agenda that requires banning fracking along with all other fossil fuel activities. Kamala …

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NextDecade LNG Project Paying Price for ‘Wrist Slap,’ CEO Says

Conventional Energy, Latest, LNG, US News / By

Permit ruling was meant to teach regulators a lesson, he says Yanking of Texas permits puts $18.4 billion project at risk Bloomberg News A federal court’s decision to scold a regulatory agency is putting a major Texas liquefied natural gas project — and thousands of associated jobs — at risk, said NextDecade Corp. Chief Executive Officer Matt …

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Oil Majors Not Cooperating With Trump Funds Probe, Lawmakers Say

Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, US News / By

Major US oil and gas companies haven’t been cooperating with a congressional investigation into whether Republican presidential candidate Donald Trump made a “quid pro quo” offer to roll back environmental regulations in exchange for campaign donations, Democratic lawmakers said. Trump sought $1 billion in contributions during an April fund-raising meeting with oil and gas executives at his …

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Texas Capital Ratchets Up Oil Deals as Other Banks Quit Market

Conventional Energy, Energy Topics & Technology, Finance, Latest, Natural Gas, Oil, US News / By

Texas Capital ranks among banks making biggest inroads Banks are spreading risk through new syndication models A number of US and Canadian regional banks are rapidly expanding their presence in the market for oil, gas and coal dealmaking, in a move that promises to redraw the map for the financing of fossil fuels. Among those …

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Tropical Storm Francine Disrupts Gulf Coast Oil, Gas Output

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Tri-Pinned, US News / By

System to become a hurricane Tuesday on path toward Louisiana Chevron halts production at two oil platforms ahead of storm   Tropical Storm Francine is set to become a hurricane Tuesday as it churns toward Louisiana, forcing some oil drillers to halt production and evacuate crews in the Gulf of Mexico. Strong winds and a dangerous …

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U.S. Natural Gas Markets Point to Steep Price Rise in 2025

Conventional Energy, Latest, Natural Gas, Tri-Pinned, US News / By

By Gavin Maguire (Reuters) – The northern hemisphere summer has not yet officially finished, but United States natural gas markets are already sizing up supply and demand balances for this winter and the next year, and indicate that sharply higher prices may emerge. Forward markets for Henry Hub futures, the benchmark U.S. natural gas price, indicate …

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Oil Dips as Weak Chinese Demand Counters Storm Francine

Conventional Energy, Latest, Oil, Tri-Pinned, US News / By

(Reuters) – Oil prices gave up the previous day’s gains on Tuesday as weak Chinese demand offset U.S. supply disruptions from Tropical Storm Francine and global oil oversupply risks that continue to weigh on the market. Brent crude futures were down 79 cents, or 1.1%, at $71.05 a barrel by 0948 GMT. U.S. West Texas …

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Gulf of Mexico Oil Production Could Stall After Court Ruling, Industry Warns

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, Tri-Pinned, US News / By

A major U.S. oil and gas trade group on Monday warned that energy production in the Gulf of Mexico could stop if the Commerce Department does not act quickly to publish a new assessment of how endangered species should be protected in the region. WHY IT’S IMPORTANT A court ruling by a federal judge last …

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US Natgas Prices Fall 3% as Hurricane Threatens LNG and Power Demand

Conventional Energy, Latest, Natural Gas, US News / By

U.S. natural gas futures slid about 3% on Monday on expectations a storm forecast to hit Louisiana later this week will cut demand by causing power outages and reducing the amount of gas flowing to liquefied natural gas (LNG) export plants. That price decline came despite forecast for more demand next week than previously expected …

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U.S. Oil Firms Evacuate Staff, Cut Drilling Ahead of Storm Francine

Conventional Energy, Energy Topics & Technology, Latest, Offshore, Oil, US News / By

U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South. Francine is likely to bring life-threatening storm surge to the upper Texas …

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