oil industry

UAE Names Fossil Fuel Mogul to Lead U.N. Climate Talks

The United Arab Emirates, which will host this year’s COP28 United Nations climate conference, named the head of its state oil company as the president of that summit on Thursday – outraging environmental activists who oppose the existence of all fossil fuels as a threat to the planet.

The Emirati Minister of State and the CEO of Abu Dhabi's state-run Abu Dhabi National Oil Co. Sultan Ahmed al-Jaber talks at the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, United Arab Emirates, Monday, Oct. 31, 2022. Saudi Arabia and the United Arab Emirates defended on Monday …

As Gas Prices Spike 40 Percent Under Biden, These Hollywood Celebrities Are Pushing Him to Shut Down More Pipelines

Left-wing Hollywood stars including Mark Ruffalo, Jane Fonda, Leonardo DiCaprio, Ed Helms, Danny Glover, and Rosanna Arquette are putting pressure on President Joe Biden to shut down the Enbridge Line 3 oil sands pipeline — as well as all “fossil fuel infrastructure expansion” — claiming it represents an “attack” on the climate and indigenous rights.

Kevin Winter; Michael Loccisano; David Livingston; Stuart C. Wilson; Kevork Djansezian; Vince Bucci; Cindy Ord; Tibrina Hobson/Getty Images/

Under Trump, America Became a Net Exporter of Natural Gas and Crude Oil for the First Time in More than Fifty Years

So much of America’s energy boom during Trump’s tenure can be attributed to his stated strategy of “energy dominance.” The White House’s Council of Economic Advisors (CEA) 2020 report found that in 2017 the United States became a net exporter of natural gas. It was a feat not seen since 1958. The United States became a net exporter of crude oil and petroleum products and will likely remain a net exporter for all of 2020 for the first time since 1949.

TOPSHOT - US President Donald Trump waves as he leaves a rally at Tucson International Airport in Tucson, Arizona on October 19, 2020. - US President Donald Trump went after top government scientist Anthony Fauci in a call with campaign staffers on October 19, 2020, suggesting the hugely respected and …

Al-Qaeda Still Making Big Money from Yemen Oil

Al-Qaeda has suffered some battlefield setbacks in chaotic Yemen, but the terror organization still controls highly profitable oil fields in the southern regions of the country and has been taking advantage of fuel shortages to reap huge profits.

Forces loyal to the Saudi-backed Yemeni president cheer on a road in Abyan province as they take part in an operation to drive Al-Qaeda fighters out of the southern provincial capital, on April 23, 2016

Fracking Productivity Doubling Every Two Years

From fewer than 50 barrels a day in 2009 to 400 barrels today, fracking technology has advanced at a pace that has doubled oil well production every 2 years. That pace of productivity improvement is almost identical to the computer industry’s Moore’s Law, which expects the speed of processing chip to double every 2 years.

Fracking (David McNew / Getty)