WASHINGTON – Bidding in last week’s Cook Inlet oil and gas lease sale revealed a notable reluctance from the fossil fuel industry to pursue risky development in Alaska waters, despite insistence from Big Oil-friendly legislators that the sale was necessary. The December 30 sale was previously canceled by the Biden administration due to “a lack of […]
“It is unacceptable that certain companies and industries are engaged in extreme price hikes under the cover of inflation,” said Rep. Raja Krishnamoorthi. A report released Friday by a panel of the U.S. House Committee on Oversight and Reform highlighted how “certain corporations are using the cover of inflation to raise prices excessively, resulting in record […]
“This is the right thing for President Biden to do,” said Rep. Ro Khanna. “It’s time to hold Big Oil accountable for high gas prices and put that money back in the pockets of Americans.” Following months of sustained pressure from progressive campaigners and members of Congress, President Joe Biden on Monday is reportedly planning to […]
Big oil claimed boosting fossil fuel exports would be a boon to U.S. consumers, but researchers say the “economic instability and damage to local communities and the planet created by this rapid export expansion are only now becoming clear.” In 2015, fossil fuel industry executives and lobbyists adamantly claimed that lifting a 40-year-old ban on U.S. oil exports […]