Oil Cognitive Dissonance. UAE blocking OPEC deal. C Removal Market Expanding.

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NEWS OF THE DAY: OPEC, Biden and Gas Prices – WSJThe Editorial Board, The Wall Street Journal, July 6, 2021 As cognitive dissonance goes, this is a classic. President Biden’s explicit policy goal is to reduce U.S. oil and gas production, limiting the global supply of fossil fuels in the name of fighting climate change. Yet his Administration is now … read more

“Fair Share” Everywhere? Putting Hydrogen to the Test. HighGold Advances.

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NEWS OF THE DAY: U.S. Wins International Backing for Global Minimum TaxPaul Hannon, Kate Davidson, The Wall Street Journal, July 1, 2021 Officials from 130 countries agree to broad outlines of wider overhaul of rules for taxing international companies The U.S. has won international backing for a global minimum rate of tax as part of a wider overhaul of the rules for taxing … read more

Hazy oil market outlook for OPEC. Two views of Alaska’s Senate Race.

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NEWS OF THE DAY: Exclusive: White House signals “clean” standard push in budget reconciliationBen Geman, Axios, June 30, 2021 The White House hopes to use the filibuster-proof budget reconciliation process to mandate that power companies supply escalating amounts of zero-carbon electricity, according to a memo from two top aides obtained by Axios. Why it matters: The policy, called a “clean energy standard,” is … read more