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The oil and gas industry wants to play a word-and-picture association game with you. Think of four images: a brightly colored backpack stuffed with pencils, a smiling teacher with a tablet tucked under her arm, a pair of glasses resting on a stack of pastel notebooks, and a gleaming school bus welcoming a young student onboard.
As pressure increases on the Biden administration to lower the price of fuel, the Interior Department announced on Friday plans to hold its first onshore oil and gas lease sales since President Biden took office.
In December, when the New York City Council voted to ban natural gas use in new buildings, environmentalists in the Big Apple barely stopped to celebrate.
Gas prices have of $4.318 per gallon as of Thursday morning (not ), with the prospect of going even higher.
President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter.
The EU is urging its 27 member states to use taxes on energy firms and polluters to fund a transition from Russian gas to clean energy sources for heating, cooking and electricity.
Russia’s invasion of Ukraine is alarming and wrong — recognized by governments across the political spectrum as a dangerous assault on peace and stability.
Major international oil companies began dumping their investments in Russian oil and gas this week following the country’s invasion into Ukraine. But experts say it’s unlikely these decisions will mean anything good for the transition to clean energy, and could actually set the companies back with their plans to achieve net-zero emissions.
The White House said it does not “have a strategic interest in reducing the global supply of energy, and that would raise prices at the gas pump for the American people.”
Four of the world’s largest oil-and-gas companies are failing to back their words and pledges on climate change with genuine action and investment, a new study says.