Free Republic

Vermont’s Republican governor has allowed the state to become the first to require oil companies to pay for “costs associated with climate change” without his signature, pushing the law through despite his hesitation about the policy. S.259, passed by Gov. Phil Scott (R) on Thursday, will establish a method to assess the responsibility for greenhouse gas-related costs of any entity that was engaged in extracting fossil fuel or refining crude oil between December 31, 2019, and January 1, 2000.

On Tuesday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Senior Adviser Amos Hochstein said that America is the largest producer of oil and gas in the world, but they don’t want to see that continue forever, just for the timeframe that is needed for the green energy transition. Hochstein stated that Biden has “created an energy economy that supports the energy transition, on the one hand, but also has seen U.S. production that is at an all-time record of over 13 million barrels a day, our, both oil and gas, are producing as much as...

California could be a much nicer place to live if some of the progressives who run the place would stop trying their best to make everything more expensive. California has had blackouts and despite this came close to shutting down its last nuclear reactor. In 2022, Gov. Newsom finally had second thoughts on that after the Biden administration offered a boatload of money to reverse course and keep the last reactor running. But despite moments of lucidity, the state and the governor seem determined to set the state's next energy crisis in motion. Last year the state passed a bill...

The Biden Administration announced Tuesday that it would release 42 million gallons of gasoline from the Northeast Gasoline Supply Reserve. The release, the Department of Energy explained, is “strategically timed and structured to maximize its impact on gas prices.” This will, according to the DOE, help lower prices at the pump during the summer months when prices tend to go up along with demand. The Northeast Gasoline Supply Reserve was created in 2012 following Superstorm Sandy, which damaged two refineries and shut down 40 terminals in New York Harbor. Some New York gas stations went as long as 30 days...

HOUSTON, May 23 (Reuters) - Republican presidential candidate Donald Trump raised tens of millions of dollars during a fundraising swing through Texas this week, promising he would support the oil and gas industry by backing new pipelines and restoring fracking on federal land. [cut] A Houston fundraiser on Wednesday was hosted by oil billionaires Jeff Hildebrand, founder of Hilcorp Energy, the largest closely held U.S. oil firm; George Bishop, founder of GeoSouthern Energy; Harold Hamm, founder of Continental Resources; and Kelcy Warren, head of pipeline firm Energy Transfer Partners. Trump drew standing ovations when he promised to get more natural...

WASHINGTON (AP) — The Biden administration said Tuesday that it is releasing 1 million barrels of gasoline from a Northeast reserve established after Superstorm Sandy in a bid to lower prices at the pump this summer. The sale, from storage sites in New Jersey and Maine, will be allocated in increments of 100,000 barrels at a time. The approach will create a competitive bidding process that ensures gasoline can flow into local retailers ahead of the July 4 holiday and sold at competitive prices, the Energy Department said. The move is intended to help “lower costs for American families and...

Rumors that former President Trump has asked major oil companies to donate a billion dollars to his campaign has irked Democrats such that Rep. Jamie Raskin (D-Md) warned the eight energy company CEOs that were said to have had dinner with Trump at his Mar-a-Lago resort last month "to not put all your money on one horse in the race. If that horse loses the race you could suffer much more than the loss of your investment." "Giving money to both sides has been a long-term insurance policy that has spared your industry from extinction," Raskin reminded. "If you think...

Senator Sheldon Whitehouse (D-RI) said Sunday on MSNBC’s “Velshi” that former President Donald Trump made an “obvious quid pro quo” when he allegedly asked for a $1 billion donation from oil executives during a meeting at his Mar-a-Lago resort last month. Whitehouse said, “The problem we have is a little bit like the House. If we issue subpoenas, as the Judiciary Committee did to pursue the payments made to Justice Thomas, the Republicans said they would not enforce the subpoenas and they said they don’t comply and we won’t let them enforce it. I would expect something like that to...

When are we going to run out of energy? You don’t hear that as much as you used to, since Those Who Know Best are working to plug up all our energy sources anyway. Most energy sources put out carbon dioxide, and that’s going to make all the plants grow and devour us all, or it will heat the planet up and make Minneapolis a desert — and we’ll all fry. Or something. But we don’t hear much any more about running out of energy. What do the experts say about it? “According to the U.S. Energy Information Administration’s (EIA)...

A team of researchers has found evidence that daily consumption of olive oil may reduce the chances of developing dementia. In their study, the group analyzed data for thousands of people included in two separate health databases and found that those people who consumed at least 7 g of olive oil daily were less likely to die from dementia-related ailments. Prior research has suggested that following the Mediterranean diet can lead to healthier outcomes for most people. The diet tends to stress consuming legumes, vegetables, nuts, fish, dairy and olive oil. In this new study, the research team found evidence...

The Venezuelan Navy illegally entered the waters of Guyana this weekend and forced a ship contracted by Exxon Mobil to conduct oil research in the area to vacate, The incident, which Guyanese authorities angrily denounced and vowed to bring to the attention of the United Nations, reignites a feud Venezuelan socialist dictator Nicolás Maduro began with the neighboring country in 2015, claiming as much as two-thirds of Guyana itself belonged to Venezuela. Guyana has repeatedly noted that Venezuela signed an agreement in 1899 on the territory in question and no disputes remain as to who owns that land. Exxon Mobil...

President Nicolás Maduro of Venezuela is an exuberant dictator, a lover of military salutes who is being investigated for crimes against humanity, but he’s not reckless enough to invade neighboring Guyana, is he? Would the leader of a country in an ever-deepening economic crisis risk starting Latin America’s first interstate war this century? Well, maybe. For a century and a half, Guyana and Venezuela have quarreled over Essequibo, a stretch of the Amazon that both countries claim. Guyana has long governed the territory, but Venezuela also claims sovereignty over it, citing maps drawn in colonial times. Last year, Maduro expressed...

he Venezuelan government called the military drills of two U.S. planes in Guyana a "provocation" and said the country has "become a new colony" of the North American country. "The Bolivarian Navy strongly rejects the reiterated provocations by the U.S. Southern Command and approved by the government of Guyana, which has become a new American Colony," said Venezuelan Defense Minister Vladimir Padrino López. He added that the country's defense systems are "activated against any attempt to breach the Venezuelan geographical space."

Guyana President Mohamed Irfaan Ali obliterated a BBC reporter who accused him of contributing to climate change by allowing oil drilling off its coast. BBC journalist Stephen Sackur slammed Ali for allowing the drilling, asking id he had the "right" to do so. "Let's take a big picture look at what's going on here. Over the next decade, two decades, it is expected that there will be $150 billion worth of oil and gas extracted off your coast," Sackur said.

on the 3rd of December 2023 Venezuela 0:02 hosted a nationwide referendum on 0:04 whether or not their country should 0:05 Annex 2third of guyana's territory their 0:08 Geographic neighbor immediately to the 0:09 east this region of Guyana is known as 0:11 the esao and it's a huge piece of land 0:14 only slightly smaller than the US state 0:16 of Florida is but guyan themselves were 0:18 not welcome to vote in the Venezuelan 0:20 referendum calling for the partition of 0:21 their own country a couple days later on 0:23 the fifth of December the Venezuelan 0:25...

Senator Sheldon Whitehouse, a Rhode Island Democrat, has threatened former President Donald Trump with a new investigation into his reported promises to Big Oil. The Washington Post reported this week of a deal that Trump, the presumptive GOP presidential nominee, reportedly offered to top oil executives at a Mar-a-Lago dinner last month—raise $1 billion for his campaign and he will reverse dozens of President Joe Biden's environmental regulations and prevent new rules, according to people with knowledge of the dinner. According to the Post's sources, Trump said gifting him $1 billion would be a "deal," because of the taxation and...

Two supporters of the climate activism group Just Stop Oil have smashed the glass protecting the Magna Carta, an iconic British manuscript from the 13th century, on Friday. According to Just Stop Oil, Reverend Dr. Sue Parfitt, 82, an active Anglican priest and author, and Judy Bruce, 85, a retired biology teacher, entered the British Library in London on Friday morning and “smashed the glass enclosure that surrounds the Magna Carta.” After this, the pair glued themselves to the document’s enclosure and held up a sign that said “The government is breaking the law,” Just Stop Oil said.

Texas Democratic Rep. Henry Cuellar and his wife were indicted Friday on charges of conspiracy and accepting nearly $600,000 in bribes from foreign entities, the Justice Department announced. Prosecutors allege Cuellar and his wife, Imelda Cuellar, began accepting the roughly $600,000 in bribes beginning as early as December of 2014 from an oil and gas company owned by Azerbaijan's government as well as a bank headquartered in Mexico City. While Cuellar's wife allegedly propped up sham front companies on the promise of providing consulting services to the two companies in order to launder the payments, she "performed little to no...

Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of 629 billion rubles ($6.9 billion) in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market. The results highlight the dramatic decline of Gazprom, which since the collapse of the Soviet Union has been one of Russia’s most powerful companies, often used as a leverage to solve disputes with its neighbors, such as Ukraine and Moldova. Analysts had expected net income of 447 billion rubles, according to Interfax news agency. According to Reuters analysis, it...

Just as Russia had started to bring back some refinery capacity damaged by Ukrainian drone attacks earlier this year, a new wave of drone attacks hit a major refinery owned by Rosneft, for a second time.Rosneft’s Ryazan refinery southeast of Moscow caught fire after the overnight drone attack, an anonymous Ukrainian military source with knowledge of the situation told Bloomberg News on Wednesday.The refinery in the region of Ryazan, whose main city of the same name is some 120 miles southeast of Moscow, was first attacked by drones in the middle of March. The first attack also led to a...