Wind companies have been given billions of US dollars in subsidies and even more with the Inflation Reduction Act. However, they are still suffering increasing financial losses. According to Just the News, David Blackmon, an energy analyst in the oil and gas industry, said they’ll be lobbying for ev
Mounting financial losses in the wind industry over the last few months are taking a toll on the Biden administration’s clean energy drive. Despite the billions in subsidies that came
A new report from the International Energy Agency estimates that demand for oil will peak prior to 2030. The projections, which were part of the IEA’s influential World Energy Outlook
The recent megamergers from ExxonMobil and Chevron didn’t come out of nowhere, but pundits are now wondering whether these long-term strategies combine with peak oil demand forecasts
Last year, Big Oil annoyed their home governments by raking in billions on the back of soaring oil and gas prices. Those were caused by demand exceeding supply for hydrocarbons.
The pain was especially great for the Biden administration. Despite .