 |
Louisiana Light • 2 days | 74.87 | +0.86 | +1.16% | ||
|
Bonny Light • 22 hours | 75.68 | -0.89 | -1.16% | ||
|
Opec Basket • 3 days | 75.47 | -1.62 | -2.10% | ||
|
Mars US • 5 hours | 71.59 | -1.24 | -1.70% | ||
|
Gasoline • 10 mins | 2.600 | -0.013 | -0.51% |
|
Bonny Light • 22 hours | 75.68 | -0.89 | -1.16% | ||
|
Girassol • 22 hours | 78.20 | -0.88 | -1.11% | ||
|
Opec Basket • 3 days | 75.47 | -1.62 | -2.10% |
|
Peace Sour • 21 hours | 66.78 | +0.79 | +1.20% | ||
|
Light Sour Blend • 21 hours | 68.08 | +0.79 | +1.17% | ||
|
Syncrude Sweet Premium • 21 hours | 77.03 | +0.79 | +1.04% | ||
|
Central Alberta • 21 hours | 66.38 | +0.79 | +1.20% |
|
Eagle Ford • 2 days | 69.01 | +0.79 | +1.16% | ||
|
Oklahoma Sweet • 2 days | 69.00 | +0.75 | +1.10% | ||
|
Kansas Common • 3 days | 62.00 | +0.00 | +0.00% | ||
|
Buena Vista • 7 days | 76.40 | +1.64 | +2.19% |
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U.S. Presidential Hopeful Promises To Ban Oil & Gas Drilling
Presidential hopeful Elizabeth Warren has promised, in a column on Medium, to ban all fossil fuel extractions on all federal lands and coastal waters. This move will no doubt generate some name recognition that may separate Warren from other democrat candidates seeking to win the 2020 Democrat Party primaries.
The federal land in question constitutes 25 percent of total land in the United States, Warren claims in her post, and is worthy of protection. “The Trump administration is busy selling off our public lands to the oil, gas and coal industries for pennies on the dollar—expanding fossil fuel extraction that destroys pristine sites across the country while pouring an accelerant on our climate crisis” Warren’s post reads.
“That’s why on my first day as president, I will sign an executive order that says no more drilling—a total moratorium on fossil fuel leases, including for drilling offshore and on public lands.”
This promise is noteworthy considering that a court ruled earlier this month that while a sitting U.S. president has the authority to protect lands from exploring and drilling activities, they do not have the authority to reinstate those lands with an executive order. Rather, lifting a ban would require congressional approval, according to the U.S. District Court for the District of Alaska judge Sharon L. Gleason in her ruling. That ruling will likely be appealed and could drag on for years to come.
Warren’s stance on fossil fuels is in stark contrast to the United States under President Donald Trump, which saw a flurry of oil and gas drilling permits issued in 2018.
Warren’s position is not only drastically different than President Trump’s position on fossil fuels, but it’s a step or two further than the rest of her presidential hopeful peers—most of whom support the Green New Deal but stop shy of promoting a full-scale ban.
By Julianne Geiger for Oilprice.com
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Julianne Geiger
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group.
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Open57.81
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PLEASE continue this insanity...then fade into the obscurity that you so richly deserve.
As an AUTHENTIC Native American, and an Oilfield worker, I fully support safe drilling operations everywhere in America and her coastal waters.
1. Dems secretly planned to concede the 2020 election and focus on 2024
2. Warren is lining up all Dem candidates in a circle, next step in this political death by circular firing squad.
Free Healthcare + Free College + Free livable wage = 360 Electoral votes for Trump. The funny thing is going to be how Trump trolls these sheep on a daily basis.