The Senate confirmed Chris Wright to lead the U.S. Department of Energy on Monday, putting the former oil executive in a key position to help shape President Trump’s energy policies. Mr. Wright, the founder and chief executive of Liberty Energy, a fracking firm, was confirmed by a vote of 59 to 38, with support from all Republicans present and a …
Read More »Tag Archives: Oil (Petroleum) and Gasoline
Trump’s Tariffs Would Reverse Decades of Integration Between U.S. and Mexico
When Dennis Nixon started working at a regional bank in Laredo, Texas, in 1975, there was just a trickle of trade across the border with Mexico. Now, nearly a billion dollars of commerce and more than 15,000 trucks roll over the line every day just a quarter mile from his office, binding the economies of the United States and Mexico …
Read More »Trump Will Hit Mexico, Canada and China With Tariffs
The Trump administration plans to move forward with imposing stiff tariffs on Mexico, Canada and China on Saturday, in an attempt to further pressure America’s largest trading partners to accept deportees and stop the flow of migrants and drugs into the country. In a press briefing Friday, White House press secretary Karoline Leavitt said the president would implement on Saturday …
Read More »Doug Burgum Is Confirmed by Senate as Interior Secretary
Doug Burgum, a promoter of oil and gas, was confirmed by the Senate on Thursday to lead the Interior Department, a role in which he will oversee drilling and mining policies on federal lands and waters. The 79-18 vote for Mr. Burgum puts him in charge of nearly 500 million acres of public land, 1.7 billion acres of offshore waters, …
Read More »Trump Plans to Order U.S. Exit From World’s Main Climate Pact
The White House on Monday said that President Trump would withdraw the United States from the Paris Agreement, the pact among almost all nations to fight climate change. By withdrawing, the United States would join Iran, Libya and Yemen as the only four countries not party to the agreement, under which nations work together to keep global warming below levels …
Read More »Are Biden and Trump at Odds on Global Energy Strategy? Maybe Not So Much.
At their confirmation hearings on Wednesday, the two men in line to oversee the United States’ global energy policies, Senator Marco Rubio and the fossil fuel executive Chris Wright, are expected to assail President Biden as overly concerned with climate change. According to a spokeswoman, Mr. Wright, who was picked to lead the Department of Energy, will say that Mr. …
Read More »Choice for Energy Secretary Has Been an Evangelist for Fossil Fuels
Chris Wright, Donald J. Trump’s pick to lead the Department of Energy, landed the job during his first encounter with the past and future president. The founder and chief executive of Liberty Energy, a fracking services company based in Colorado, Mr. Wright was among about 20 oil and gas executives whom Mr. Trump gathered at his Mar-a-Lago resort in Florida …
Read More »01 After Fierce Lobbying, Treasury Sets Rules for Billions dollars in Hydrogen Subsidies
The Biden administration on Friday made final its long-awaited plan to offer billions of dollars in tax credits to companies that make hydrogen, in the hopes of building up a new industry that might help fight climate change. When burned, hydrogen mainly emits water vapor, and it could be used instead of fossil fuels to make steel or fertilizer or …
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