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Overnight Energy: Biden admin backs Trump approval of major Alaska drilling project | Senate Republicans pitch $928 billion for infrastructure | EPA to revise Trump rule limiting state authority to block pipelines

Why Biden Isn t Cracking Down on Fossil Fuels - The New York Times

Biden administration backs Trump approval of major Alaska drilling project

© Getty The Biden administration says in a new court filing it is standing behind the Trump administration’s approval of a massive drilling project in Alaska. In a court filing on Wednesday, the new administration defended the approval of the Willow Project, which could extract 100,000 barrels of oil per day from Alaska’s National Petroleum Reserve.  It argued that the environmental and indigenous groups challenging the project are trying to stop the project by “cherry-picking” records of federal agencies to suggest their analyses violate environmental laws. ADVERTISEMENT “To the contrary, Federal Defendants complied with the requirements of these statutes and other applicable legal requirements, and Plaintiffs’ claims should be rejected,” the legal brief stated. 

Oil On The Rebound : What Could Investors Face As The Oil and Gas Market Normalises Post-COVID-19?

Oil On The Rebound : What Could Investors Face As The Oil and Gas Market Normalises Post-COVID-19? © REUTERS / Nick Oxford 1 Subscribe Sputnik International https://sputniknews.com/business/202104291082762822-oil-on-the-rebound-what-could-investors-face-as-the-oil-and-gas-market-normalises-post-covid-19/ Analysts have begun speculating on the future of the oil and gas market after the ongoing COVID-19 pandemic, with many organisations and firms earmarking several influencing factors shaping the industry. Inside the Oil & Gas Sector’s Recovery – What Does This Mean for Investors? Demand for oil and gas products is expected to reach $65 in the summer this year, analysts from Goldman Sachs have predicted. © REUTERS / DADO RUVIC UK COVID-19 Vaccine Rollout Not Enough To Tackle Pandemic, Gradual Easing Needed, Lancet Study WarnsThe findings, published in January this year, come as oi

Biden Administration Outlines Key Resources to Invest in Coal and Power Plant Community Economic Revitalization

The White House White House Releases Initial Report Detailing Existing Resources for Energy Communities Department of Energy Announces $109.5 Million to Support Energy Jobs, Executive Director to Spearhead Interagency Efforts Today, theWhite House Interagency Working Group on Coal and Power Plant Communities and Economic Revitalization released a report that was delivered to President Biden and included the initial recommendations from the Interagency Working Group to catalyze economic revitalization, create good-paying, union jobs, and support workers in energy communities – hard-hit coal, oil and gas, and power plant communities – across the country. The Interagency Working Group identified nearly $38 billion in existing federal funding that could be accessed by energy communities for infrastructure, environmental remediation, union job creation, and community revitalization efforts. This funding includes the over $260 million in existing resources already mobilized by the

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