INSIDER
Trump names fossil fuel executive Chris Wright as energy secretary
Read full article: Trump names fossil fuel executive Chris Wright as energy secretaryPresident-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary after his second administration begins in January.
More hearings begin soon for Summit's proposed CO2 pipeline. Where does the project stand?
Read full article: More hearings begin soon for Summit's proposed CO2 pipeline. Where does the project stand?More hearings this month and in September are set for Summit Carbon Solutions' proposed $5.5 billion, 2,000-mile pipeline network.
Trump could tariff foreign oil. That wonโt end the oil crisis
Read full article: Trump could tariff foreign oil. That wonโt end the oil crisisIf anything, it could backfire on US refineries that rely on a healthy dose of foreign crude to go full blast. "We're independent now; we have our own oil," Trump said Sunday. The United States has certainly made huge strides towards weaning itself off foreign oil. More than 6 million barrels of foreign crude is still imported everyday, most of that from neighbors Canada and Mexico. That means blanket tariffs against all foreign oil, or even just ones imposed against countries outside North America, could be disastrous for US refineries.