What is in the $2T House-Passed Biden Backed BillL.Davison, A. Natter, A. Ruoff, Bloomberg, November 19, 2021 The legislation will likely undergo several more changes. The House on Friday passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the … read more

NEWS OF THE DAY: Why the Biden administration just sold offshore oil leases, despite campaign pledgeBen Adler, Yahoo! News, November 18, 2021 Environmentalists are fuming after the Department of the Interior auctioned leases to drill for oil in an 80-million-acre section of the Gulf of Mexico on Wednesday morning. The Bureau of Ocean Energy Management sold 308 tracts covering 1.7 million acres … read more

NEWS OF THE DAY: OPEC: Oil Will Be King Of The Global Energy Mix Until At Least 2045Tsvetana Paraskova, OilPrice.Com, November 17, 2021 Oil will continue to be the fuel with the single largest share of the global energy mix by 2045, meeting 28 percent of energy demand then, OPEC Secretary-General Mohammad Barkindo said on Tuesday, stressing the need for … read more