$3B Battery Boost. $4B Arctic LNG Hit. $834B Free Cash Flow.

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Today’s Key Takeaways:  Public E & P companies on track to shatter record profits in 2022 due to high oil & gas prices and surging demand. Total Energies books $4B impairment because of Arctic LNG II project. Biden team will spend $3B to support domestic manufacturing of advanced batteries. Any new energy deal should make the National Environmental Policy Act … read more

Shared playbook for “certified natural gas”. Buffet Bets on Chevron.

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Today’s Key Takeaways:  Berkshire Hathaway invests big in Chevron and Occidental Petroleum while Goldman Sachs prefers Exxon. Certifying low-emissions natural gas? Mining by the numbers. Build Back Better Redux. NEWS OF THE DAY: The EU Is Ramping Up Efforts To Ban Russian OilIrina Slav, OilPrice.Com, May 2, 2022 The European Union may agree to a ban on Russian oil imports … read more

Friday Facts:  Smart Economic and Climate Policy

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Today’s Key Takeaway:  Modernizing permitting is not about removing environmental safeguards but increasing accountability and improving efficiency. Streamlined permitting will stretch taxpayer dollars further and inject more private capital into natural climate solutions. The Climate Benefits of Investing in America’s EcosystemsNick Loris, C3 Solutions, April 4, 2022 Last week I had the honor of testifying before the House Select Committee on … read more