Friday Fact Check: Ukraine War Has Reset Energy Politics

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Biden Is in Climate DenialKimberly A. Strassel, The Wall Street Journal, March 17, 2022 Even the European left understands what the Ukraine invasion means for fossil fuels. Republicans know it. The European left knows it. Joe Manchin knows it. Even some of the Beltway press knows it. Now let’s see how long it takes Joe Biden to recognize that the Ukraine war … read more

DOE Boosts LNG. Another Ambler Roadblock. Could Oil Jump to $200/bbl?

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Today’s Key Takeaways:  Biden continues to blame oil and gas companies.  U.S. Department of Energy gives LNG exporter permission for additional sales to every country entirely in Europe.  BLM tells AIDEA it has suspended a 50-year right-of-way covering 25 miles of proposed 211-mile road connecting Ambler District to Alaska’s highway system. NEWS OF THE DAY: Biden’s Vast Oil ConspiracyEditorial Board, … read more

Busting at Seams. Aussies Invest Big. Oil Disruptions Looming. $3700 PFD?

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Today’s Key Takeaways:  On day one, Biden suspended the authority of local BLM offices to approve leases, drilling permits and mining operations plans.  IEA says large-scale oil supply disruptions are likely as a result of sanctions on Russia.  U.S. natural gas production risks busting at the seams with infrastructure constraints already impacting production.   Australia announced A$500 million ($360 million) in … read more