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...“Nothing terrifies a sitting American president more than a surge in pump prices during an election year,” said Bob McNally, president of consultancy Rapidan Energy and a former White House energy adviser...
...The Biden administration has for the first time in several decades ratcheted up the cost of drilling on public lands in a landmark new regulation as it seeks to crack down on the oil and gas industry ahead...
...The Biden administration has increased the cost of oil and gas drilling on public lands, raising royalty rates for the first time in a century as part of a sweeping crackdown on the industry ahead of November...
...And that’s a result of fundamental supply and demand factors. Marc FilippinoMyles McCormick covers energy for the FT from Houston. Thanks, Myles. Myles McCormickThanks, Marc....
...Myles McCormick I suppose the former, to some extent. I mean, you heard quite a contrast there in terms of the two types of rhetoric....
...“For these people with the very deep cash pockets, this isn’t such a big deal.”...
...Do you have thoughts on how much of a threat to Biden’s re-election the rise in petrol (or gasoline) prices could be? Are you beginning to feel the squeeze? Get in touch: myles.mccormick@ft.com....
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
...and a former CIA analyst....
...Over the summer months, European households may even experience a positive cost of living shock. With the jobs market still firm, households are starting to see a real wage boost....
...Tellurian has warned of “substantial doubt” about its ability to continue as a going concern and has said it is exploring a sale....
...Souki, who spearheaded the creation of the world’s largest LNG export industry and was once the country’s best-paid executive, has been engaged in a multiyear stand-off with lenders over a loan default that...
...Chevron’s chief executive hit back at ExxonMobil on Tuesday, expressing “surprise” at its decision to seek arbitration in a tense stand-off over a lucrative Guyana oil project....
...Biden also notched a victory in Colorado, winning 85 per cent of the vote, with 74 per cent of ballots counted....
...Darren Woods received salary, stock options and a bonus amounting to $36.9mn in 2023, the US’s biggest oil company reported in a securities filing on Thursday....
...Chord Energy has agreed to acquire Enerplus in an $11bn deal, as a wave of consolidation continues to sweep across the US oil sector....
...Nikki Haley — Trump’s last remaining Republican opponent — yesterday welcomed the former president’s presence on the ticket, telling a rally in Spring, Texas: “This is America....
...He looks set to face Colin Allred, the former NFL linebacker and Congressman, who was leading his opponent Roland Gutierrez by a significant margin....
...Chord Energy has agreed to acquire Enerplus in an $11bn deal as a wave of consolidation continues to sweep across the US oil sector....
...a crackdown at the border....
...Exxon on Wednesday said it had filed a case in the International Chamber of Commerce in Paris to assert its right of first refusal over Hess’s stake in a Guyana oil find that is seen as the crown jewel of...
...A surge in demand for electricity to feed data centres and to power an artificial intelligence revolution will usher in a golden era for natural gas, producers say....
...Democrats have not won a statewide race in Texas since 1994, but this one is all to play for: Cruz narrowly survived a challenge from Democrat Beto O’Rourke six years ago and a February poll put him neck...
...on supporting a low-carbon future....
...But Darren Woods insisted the companies — and their leaders — would be able to maintain a “collaborative” relationship. Read more here...
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