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"White House Considers Lifting LNG Export Pause to Secure Ukraine Aid, Amid GOP Pressure"

The White House is considering ending President Biden's pause on liquefied natural gas (LNG) exports in order to advance a Ukraine aid package in Congress, with Republican pressure and concerns about the impact on climate change playing a role in the decision-making process. The potential move to lift the pause on LNG exports is seen as a way to help unfund Russia's war effort in Ukraine, but it faces opposition from activists concerned about environmental impact and from hard-line conservatives in the House.

1 year ago•Source: Reuters

"US Funding Bill Prohibits China's Access to Strategic Petroleum Reserve Oil"

politicsenergy

2.095 min•1 year ago

"US Funding Bill Prohibits China's Access to Strategic Petroleum Reserve Oil"

The U.S. funding legislation includes a measure that would prevent China from purchasing oil from the Strategic Petroleum Reserve, reflecting bipartisan concern over competition with China. This move comes after President Biden's announcement of a sale of 180 million barrels of SPR oil to address soaring gasoline prices following Russia's invasion of Ukraine. The bill, which lays out funding for government segments, is set for a House vote before the Senate considers it, with the issue of SPR oil sales to China remaining a contentious topic.

via Reuters

4.34 min•2 years ago

Germany's Budget Crisis Exposes Green Fiscal Challenges

via Mish Talk

Featured Politicsenergy Stories

"White House Considers Lifting LNG Export Pause to Secure Ukraine Aid, Amid GOP Pressure"

"US Funding Bill Prohibits China's Access to Strategic Petroleum Reserve Oil"

Germany's Budget Crisis Exposes Green Fiscal Challenges

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