Trump administration officials are working on a deal to secure long-term access to a portion of Venezuela’s crude reserves, sources with knowledge of the negotiations said on Thursday, a move that could ultimately lower the cost of oil imports. The agreement, which could be signed and made public soon, is expected to operate in a […]
The Trump administration is proposing to relax rules to make it easier for companies to drill for oil and gas on public lands.
The Trump administration has ordered the restart of offshore oil production at California’s Santa Ynez Unit and the associated Santa Ynez Pipeline System, directing operator Sable Offshore Corp. to restore operations in an effort to strengthen domestic crude supply on the U.S. West Coast.
Building solar installations on farmland has become a popular practice in the U.S. and, more recently, in the UK as well, as in other parts of Europe. Solar developers can offer farmers more money to lease their land for solar than they would make from farming it, which has motivated many to accept such deals. Yet concern about this trend has been growing as well, since farmland is used to literally produce food, and replacing food production with electricity production has sparked concerns about food security.
Chevron is the only major oil producer with a waiver from the US government to operate in Venezuela despite sanctions against President Nicolás Maduro’s regime. The company produces about 20% of Venezuela’s oil and helped boost exports to a five-year high in 2024, nearing Maduro’s goal of 1 million barrels per day.
The EPA usually insists that its rules are not burdensome, but, hey, what would you expect professional regulators to say? So we took note of a newly published study in Science (10 January 2025 issue), an econometric analysis written by researchers from eleven institutions (most of them respectable) with a lead author from Electric Power Research Institute, an electric industry-sponsored institution.