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"Trump Tariff Plan Threatens To Drive Up Gas Prices"

"Trump said late last month that on his first day in office, he would place 25 percent tariffs on all Canadian and Mexican goods. The two countries are the leading sources of U.S. oil imports — and if he implements the tariffs, analysts say the action could result in higher gasoline prices."

Source: The Hill, 12/18/2024

"‘Unfettered’ Gas Exports Would Harm U.S. Economy, Energy Secretary Warns"

"If the United States were to continue exporting liquefied natural gas in the way that has made it the world’s biggest gas supplier, it would drive up costs for American consumers and businesses, pollute struggling communities and increase global greenhouse gas emissions, according to a letter written by Energy Secretary Jennifer Granholm that was obtained by The Times."

Source: NYTimes, 12/17/2024

"Industrial And Business Groups Send Trump A Deregulatory Wish List"

"More than a hundred industrial trade groups and chambers of commerce are urging President-elect Donald Trump to weaken or eliminate numerous Biden administration regulations on energy, air pollution, recycling, worker heat protections, consumer safeguards and corporate financing, claiming that the rules are “strangling” the nation’s economy."

Source: LA Times, 12/16/2024

"Earthquakes And Blowouts Undermine Case For Carbon Storage In Texas"

"Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields, putting the state at the vanguard of a government-subsidized program to fight climate change. But pumping CO2 into the ground could exacerbate earthquakes and well blowouts already happening in the Permian Basin as Texas struggles to manage wastewater disposal, potentially undermining public support."

Source: Reuters, 12/16/2024

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