Dozens of state and local budgets depend heavily on tax revenue from oil, gas and coal to fund schools, hospitals and more. Replacing that money is turning out to be a major challenge in the fight against climate change.
Tag: Oil (Petroleum) and Gasoline
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How One Restaurateur Transformed America’s Energy Industry
Charif Souki’s longshot bet on liquid natural gas, or L.N.G., paid off handsomely — and turned the United States into a leading fossil-fuel exporter.
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Global Oil Prices Dip Below $100 as Recession Fears Spread
Oil prices have been slipping over the last two weeks, but the drop has accelerated in recent days.
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Gas Prices Around the World Threaten Livelihoods and Stability
Around the world, from South Asia and Africa to Europe and Latin America, the cost of filling a car’s tank, getting to work and cooking dinner has spiked.
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Biden Administration Offers an Offshore Drilling Plan. Likely Backers: Very Few.
The five-year plan for America’s coastal waters, required by law, risks angering both the fossil fuel industry and environmentalists.