Mid-Week Musings on Montana Youth Climate Case

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AFTERMATH OF MONTANA YOUTH CLIMATE CASE: Yesterday’s court victory for the 16 young plaintiffs in the Montana climate case might have limited repercussions (if it is not overturned on appeal) for several reasons. The first is the issue of implementation: The state’s Republican-led legislature will be tasked with determining how to bring the court’s decision – that the state violated the youths’ constitutional right … read more

Wartime Windfalls For Investors – Not New Drilling?

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Today’s Key Takeaways: Global oil demand surges to record levels.  Oil industry wartime windfall dwindling.   Another lawsuit from environmentalists against AKLNG.  Montana climate ruling.   NEWS OF THE DAY: Global oil demand hits record, and prices may climb, IEA saysBloomberg/Energywire, August 14, 2023 World fuel use averaged 103 million barrels a day for the first time in June, the organization said.  Global oil demand … read more

Are We Clear?  Murky Waters Remain Despite Clarity From Supreme Court.  

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High Court’s Water Ruling Provides Clarity…Or Not.Joseph Markman, Hart Energy, August 14, 2023 Murkiness remains for projects involving water, despite clarity from Supreme Court on the limits of EPA’s power. To be clear, the problem with the language in parts of the federal Clean Water Act (CWA) has been a lack of clarity. It goes like this: An oil and … read more