[ad_1] Updated Dec. 31, 2023 2:36 pm ET Head of state. Commander in chief. Oil-trading whale? President Biden’s unprecedented release of oil from the U.S. petroleum reserves in 2022 turned…
Tag: Fossil Fuels
Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
[ad_1] Head of state. Commander in chief. Oil-trading whale? President Biden’s unprecedented release of oil from America’s petroleum reserves in 2022 turned the White House into an unusually active player…
Why Oil Prices Never Surged to $100 This Year
[ad_1] Travelers, truckers and shippers worldwide can thank the U.S. for helping keep a lid on oil and gasoline prices this year. A year ago, Wall Street analysts were predicting…
Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion
[ad_1] Energy infrastructure company Williams Cos.has inked a deal to buy a portfolio of Gulf Coast natural-gas storage assets from an affiliate of commodities-trading company Hartree Partners for $1.95 billion.…
Will a heat pump save you money? It depends on your home, experts say
[ad_1] Is your home ‘heat pump ready’? Here’s why careful costing is essential before installing the green tech. ADVERTISEMENT With winter in full swing, your eye-watering energy bills might have…
OPEC Is Losing Its Mojo on Wall Street
[ad_1] Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately. At least four times in the past 15 months, members of the…
Greta Thunberg calls COP28 climate deal a ‘stab in the back’
[ad_1] What do Greta, Vanessa Nakate, Mitzi Jonelle Tan and other climate justice activists think of the UAE Consensus? ADVERTISEMENT As the dust settles on the climate deal struck in…
Climate summit adopts world-first ‘transition’ from fossil fuels
[ad_1] DUBAI: Nearly 200 nations meeting in Dubai on Wednesday approved a first-ever call for the world to transition away from fossil fuels, tackling the top culprit of climate change…
Here’s what 5 previous climate deals tell us about the COP28 consensus
[ad_1] Some of the most important decisions from previous climate talks tell us a lot about the chances that the agreement to transition away from fossil fuels will be successful…