President Obama’s latest effort to mitigate the effects of climate change will be to crack down on methane leakage from oil and gas wells, The New York Times reported. The EPA will announce new regulations this week aimed at reducing methane emissions by 45 percent by 2025, compared with 2012 levels. Final rules will be […]
American crude and the international benchmark, Brent crude, met at the same price point Tuesday: about $46. West Texas Intermediate crude, the U.S. benchmark, briefly traded below Brent, the first time that’s happened in a year and a half. Brent closed down 84 cents, to $46.59 a barrel. U.S. crude closed down 18 cents to $45.19. Read […]
Fuel Freedom Foundation co-founder and chairman Yossie Hollander was interviewed on Sean Hannity’s radio show on Jan. 13 about oil money and how it funds extremist groups and terrorism.
General Motors CEO Mary Barra has sent a strong message to the auto industry: It’s serious about producing electric cars for the middle class. One of the most talked-about vehicles unveiled Monday at the North American International Auto Show in Detroit was GM’s Bolt, an all-electric concept car that could go on sale in 2017, […]
R. James Woolsey, the former director of Central Intelligence and a current member of the Fuel Freedom board of advisors, went on the Jacki Daily show recently and had some interesting observations about the global sell-off in the oil market. He said the price drop has been particularly hard on oil-exporting nations that need a […]
Whatever the floor is for oil, $50 doesn’t seem to be it. Brent crude closed just a few barrel-drops within that threshold Friday, down 85 cents to $50.11. U.S. crude fell 43 cents to $48.36. The marks are the lowest for crude since April 2009, and represented the seventh straight week of losses. However, prices […]
Ahead of the U.N. climate conference in Paris later this year, there will be a lot of talk about how nations should apportion the burden of reducing carbon emissions. The richer, more industrialized nations have a lot of ideas about what poorer, still-developing nations should do to grow their economies without polluting the atmosphere too […]
After a successful limited theatrical release this fall, PUMP will be available Jan. 13, 2015 to a wider audience.
Oil analysts must be asking, Where’s the bottom of the oil-price plunge? Crude dropped again Tuesday, as Brent was off $2.01, to $51.10 a barrel. In the first two trading sessions of the week, it’s down $5.32, or almost 10 percent. More from Reuters. U.S. crude closed down $2.11, or 4.2 percent, to $47.93. By […]
On the same day two Republican senators introduced a bill authorizing construction of the Keystone XL oil-pipeline extension, the White House said President Obama would veto such a bill if it reached his desk. “If this bill passes this Congress, the president wouldn’t sign it,” White House press secretary Josh Earnest said Tuesday. Republicans took […]
