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for Oil Dependence

Activists Call for Action on the Permian “Climate Bomb”
A new report warns that if left unchecked, emissions from the Permian could hit the administration's climate targets.

White House Struggles to Square Climate Goals and Gasoline Prices
The White House wants to slash greenhouse gas emissions in half by 2030. But asking the OPEC+ cartel to pump more oil seems to undercut those aspirations.

Delta Drags Down Oil, But Lack of New Supply Keeps Prices From Crashing
Oil prices have sunk as concerns grow about the Delta variant.

No-Deal From OPEC+. But Analysts Say Stalemate is “Unsustainable”
The turmoil at the OPEC+ meeting injects uncertainty into the market—and may presage the challenges ahead.

IEA Says No New Oil And Gas Projects Needed in Call for Phaseout
In a bombshell report, the International Energy Agency states that the world must stop new fossil fuel projects immediately to hit net-zero emissions by 2050.

Oil-Producing Countries Could See Trillions in Revenue Losses From Energy Transition
Petrostates remain ill-prepared for the global energy transition, and could see a budgetary gap of $9 trillion over the next two decades.

Change In Washington, But Iran and Venezuela Still Stuck Under Sanctions
Iranian and Venezuelan hopes of a swift loosening of sanctions under the Biden administration are fading fast.

Biden’s Energy and Environmental Agenda in 2021
Likely Republican control of the Senate means President-elect Joe Biden's first policy actions will come from the President's pen, rather than Congressional legislation.

U.S. Shale Industry Sees Bankruptcies and Consolidation
Low oil prices and high-profile deals point to a shift toward consolidation in the U.S. oil industry.

Problems for the Bakken Begin to Mount
The Dakota Access pipeline shutdown could remove 570,000 barrels per day of takeaway capacity from the Bakken shale formation.