August 12, 2022

U.S. Crude Oil Inventories Plunge and Prices Jump as Climate Left Calls for End of Fossil Fuel Financing

U.S. crude-oil stockpiles plunged last week as a pick-up in refining was not matched by a pickup in extraction, which remains paralyzed due to pressure on banks and investors to cut off access to credit and capital for fossil fuel companies. Crude-oil inventories fell by 3.4 million barrels to 410 million barrels, according to data…

Cardin: ‘We Need to Accelerate’ Getting Off Fossil Fuels Because Oil Price Is Manipulated by Other Countries

On Saturday’s broadcast of MSNBC’s “Alex Witt Reports,” Sen. Ben Cardin (D-MD) argued that changes in the price of gas are one reason why “we have to accelerate our program to get off of fossil fuels” and control of the oil supply by other countries is “another reason why we need to accelerate our efforts…

Bad Government Policies are the Culprit of the Supply Chain Crisis | Peter St. Onge on OANN

Heritage Research Fellow, Peter St. Onge, joined OANN to discuss America’s supply chain crisis and the government policies and union chokeholds that are …

World leaders agree climate change deal but ‘deep disappointment’ over fossil fuel compromise

Granholm: Infrastructure Bill ‘All About’ Not Having ‘to Rely on the Volatility of Fossil Fuels’

On Monday’s broadcast of CNN’s “New Day,” Energy Secretary Jennifer Granholm said that the infrastructure bill “is all about” building “an economy on clean energy so that you don’t have to rely on the volatility of fossil fuels.” While discussing high gas prices, Granholm stated that “ultimately, the best solution is to build an economy…

Pat Toomey Grills Wall Street over De-Banking Fossil Fuel Companies

Sen. Pat Toomey (R-PA) grilled Citibank Wednesday and other Wall Street firms over if they made commitments to not provide financing for fossil fuel companies such as coal and natural gas. Toomey, the ranking member of the Senate Banking Committee, spoke during a hearing on the “Annual Oversight of Wall Street Firms. During the hearing,…

John Kerry, Teresa Heinz Family Trusts Invest Heavily In Fossil Fuels

Despite Secretary of State John Kerry’s outspoken demand that America drastically reduce its reliance on fossil fuels, his family investments heavily favor oil, coal and natural gas companies while giving scant attention to renewable energy firms, according to a Daily Caller News Foundation analysis. In his latest 2015 financial disclosure report obtained by TheDCNF, Kerry […]

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