Energy News Beat Revoking Chevron’s license in Venezuela could drive oil sales back underground, reducing transparency and benefiting corrupt intermediaries. Sanctions on Venezuela have had mixed effects. Removing licenses may disrupt Venezuela’s foreign exchange market and private sector. On 26 February, U.S. President Donald Trump announced his intention to end General License 41, which allowed […]
Energy News Beat A federal judge blocked the EPA from clawing back some $20 billion in climate money shoved out the door by a lame-duck Biden admin. A federal judge on Tuesday blocked the EPA from clawing back some $20 billion in climate money the Trump administration said was shoved out the door by […]
Energy News Beat Germany’s incoming chancellor Merz is facing accusations of betraying voters after bending to the leftist demands on spending and climate. Germany’s incoming chancellor is facing accusations of betraying voters after bending to the leftist demands on spending and climate to push forward fresh defense spending. [emphasis, links added] Despite the agenda of […]
Energy News Beat Superfund laws and similar legislative shakedowns target energy companies for millions or billions in climate cash and do nothing for the planet. In an attempt to commit legislative thievery, New York Democrat Governor Kathy Hochul signed a bill into law on December 26 dubbed the “climate superfund” law. [emphasis, links added] […]
Energy News Beat Dems are using a GAO memo to argue Trump and the GOP can’t repeal a Biden EPA waiver on California’s EV mandate, but experts call it nonbinding. Democrats are relying on a recent memo from the Government Accountability Office to argue that President Donald Trump and congressional Republicans can’t pass a […]
Energy News Beat Judicial activism has accelerated at least $20B in wasteful climate grants, entrenching taxpayer-funded political favoritism and eroding public trust. This article is an essential follow-up to my previous piece, Follow the Money: How Climate Bureaucrats Are Robbing Taxpayers Blind, where I detailed how billions in taxpayer dollars were funneled to politically […]
Energy News Beat Dot plot shifts hawkish: 8 of 19 want see either no cut or just 1 cut in 2025. By Wolf Richter for WOLF STREET. The FOMC voted today to keep the Fed’s five policy rates unchanged, for the second meeting in a row, after cutting by 100 basis points in 2024. All participants agreed with […]
Energy News Beat DOE announced the conditional long-term authorization for LNG exports to non-free trade agreement nations on Wednesday. In December 2021, Venture Global CP2 LNG filed an application seeking authorization to export LNG in a volume equivalent to 1,446 billion cubic feet (Bcf) per year (Bcf/yr), or about 28 million metric tons per annum […]
Energy News Beat This BLUFF is the reverse corollary to the Russian Natural Gas and Global Geopolitical Realignment series of papers and videos that was originally posted on Energy News Beat beginning on December 10, 2023. It is also based on the “Role of Energy in the Kennan Five Power Center” Sea Power versus Land […]
Energy News Beat Daily Standup Top Stories Trump and Putin Conclude Phone Call as US Pushes Ceasefire March 18, 2025 Clark Savage ENB Pub Note: While Putin is saying that Ukraine cannot receive more munitions and weapons for the ceasefire, it appears there was a positive dialogue. The loser in this process is the Left-leaning EU. […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
