When President Biden introduced the Inflation Reduction Act (IRA) last summer the scope of the policy surprised many, viewed as the first climate policy of its kind. The IRA focuses on incentivizing decarbonization and the rollout of green energy projects. Companies are now rewarded for making the switch, rather...
The United States is considering banning gas stoves due to concerns over indoor pollution, which has been said to cause high asthma rates in children. The U.S. Consumer Product Safety Commission (CPSC) raised concerns over the “hidden hazard” of owning a gas stove last month, causing many across the...
Liquified natural gas (LNG) seems to be either a hero or villain depending on what side of the aisle you talk to. Despite some apprehension, gaining socio-political traction, new research, and fresh funding in the industry are sparking new debates on the future of LNG and its role in...
Incentives Given by the IRA
As companies shift their focus to sustainability and ESG initiatives, the oil and gas industry is investing in a long-term future that goes beyond their reliance on fossil fuels. The world is beginning to transition towards renewables and other lower-carbon alternatives. Government incentives, like the...
Introduction to Present-Day Geopolitics
Geopolitics has played a large role in creating the bear market and economic slowdown in 2022. These unfortunate conditions will continue into 2023, or at least until major changes occur. Investors should remain cautious and conservative heading into the New Year.
There is a structural imbalance in...
There are a series of energy policies that need thorough consideration for the new year. These adjustments have the potential to put our nation on a path of positive and lucrative change.
The Restoration of the Strategic Petroleum Reserve
Firstly, the Strategic Petroleum Reserve's (SPR's) purpose is for emergency use. This...
As part of its climate strategy, Los Angeles agrees to curb, and eventually end, its fossil fuel production. California is seen as a leader in renewables. However, it continues to have a high oil and gas output, supplying energy to the rest of the country. Finally, California, LA in...
The Biden Administration is hot on the heels of U.S. oil and gas producers by ramping up new regulations for methane emissions associated with drilling. Biden chose the 27th annual United Nations Climate Change Conference, known on the street as COP27, to unveil his new regulatory framework, funding priorities,...
The United States and the United Kingdom hold a special relationship when it comes to politics and security. They have worked together in several areas of foreign affairs in previous decades and supported one another in times of political and economic turmoil. Now, the leaders of the two countries...
The U.S. has long relied on the United Arab Emirates (UAE) for its oil and gas, which it produces under the OPEC intergovernmental organization of 13 oil-exporting nations. However, it appears that the connection between the two states will go deeper than just fossil fuels as the two powers...
