EIA predicts slower US oil, gas production growth in 2024
The Energy Information Administration expects US crude oil production...
The Energy Information Administration expects US crude oil production to grow by 170,000 barrels per day to 13.21 million bpd in 2024, reflecting a decrease from its previous growth forecast of 290,000 bpd. The agency also cut its first-quarter US natural gas marketed production forecast by 1.71 Bcf/d to 113.08 Bcf/d and reduced its 2024 production forecast by 740 MMcf/d to 114.03 Bcf/d.
Gates-backed startup to open carbon removal site in Ark.
Graphyte a startup backed by Bill Gates' Breakthrough Energy Ventures,...
Graphyte a startup backed by Bill Gates' Breakthrough Energy Ventures, is preparing to open one of the world's largest carbon removal projects this week. The Arkansas-based facility will use wood waste, such as sawdust, laden with carbon to create biomass bricks that will be stored underground and can remove tens of thousands of metric tons of carbon dioxide from the environment.
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The Supreme Court will hear arguments today over whether Donald Trump should be barred from ballots because of the Jan. 6, 2021, attack on the Capitol. In other election news, Nikki Haley vowed to keep fighting even though she came in a distant second to “none of these candidates” in Tuesday’s Nevada primary, which Trump didn’t participate in.
A US drone strike in Iraq killed the leader of an Iran-backed militant group believed to be behind attacks on US troops.
Tesla sold only one car in South Korea in January, giving it its worst month in the country since July 2022, when it sold zero.
Coca-Cola has released its first permanent new flavor in three years, Spiced, which…mostly tastes like raspberry.
Appeals court hears challenge to Willow project approval
The US Court of Appeals for the 9th Circuit on Monday heard arguments in one of three lawsuits challenging...
The US Court of Appeals for the 9th Circuit on Monday heard arguments in one of three lawsuits challenging the Biden administration's approval of ConocoPhillips' Willow oil project in Alaska. The environmentalist and grassroots group behind this lawsuit argued that the Bureau of Land Management insufficiently considered alternatives to full-field development of the project, a claim refuted by Justice Department attorney Amy Collier.
A panel of judges from a federal appeals court in Washington, DC, held that former President Donald Trump ...
A panel of judges from a federal appeals court in Washington, DC, held that former President Donald Trump isn’t immune from being prosecuted on charges that he tried to subvert the 2020 presidential election—a defeat Trump is expected to appeal swiftly to the full appellate court or the Supreme Court. The ruling said that the former president is now “citizen Trump” and that any claim he had to immunity as president is no longer there. The judge overseeing the DC criminal case, originally scheduled for trial in March, has put it on hold while the immunity issue gets hashed out.
