Real estate mogul Donald Trump has won the presidential election, and that likely means the Obama administration’s global warming agenda will be massively scaled back or scrapped altogether. Trump, a Republican, has promised to cut the EPA, scrap the Paris climate treaty and rollback rules holding back U.S. energy production. “Just look at what Trump has promised,” a source close to Trump’s transition team told The Daily Caller News Foundation. “Withdraw from Paris Climate Treaty, defund UNFCC, [Read more]
Top EPA Official Slams ‘Dickheads’ At White House For Not Regulating Fracking
A former senior EPA official known for coordinating with environmentalists slammed the White House for pushing back on agency plans to regulate hydraulic fracturing for oil and natural gas, text messages show. Michael Goo, EPA’s policy chief at the time, texted Sierra Club lobbyist John Coequyt that if environmentalists “want any hope of regulation of fracking then give us more time to try and remove the gun from our head and talk sense into OMB dickheads.” “If you want the oil and gas nsps to [Read more]
Obama Blocks Another Oil Pipeline To Appease The Same Enviros Opposed To Keystone XL
The Obama administration’s decision to block another oil pipeline targeted by environmental activists and some American Indians has set the stage for a major legal and political battle that could rival the fight for the Keystone XL pipeline. Federal agencies blocked the company Energy Transfer from continuing to build the Dakota Access Pipeline Friday until they could determine if any American Indian sacred sites could be damaged by the project. Environmentalists cheered the news. Many of [Read more]
Saudis Are Sick Of Cheap Oil, Losing Billions Of Dollars
Saudi Arabia is facing internal pressure to cut oil production to boost prices after two years of a crude price war they started. “The Saudis are going to Algeria for a freeze,” a source within OPEC told Reuters. “More and more ministers are now talking among themselves to evaluate their production position.” The Kingdom embarked on a policy of increasing production in 2014 to keep oil prices low and push out high-cost producers, like Venezuela and Nigeria. The Saudis also likely refused to cut [Read more]