Annual benchmark global energy report shows fossil fuels continued to dominate in 2024
June 26, 2025 No Comments
In 2024, oil, natural gas and coal made up 86.6% of the total global energy consumption, according to the report.
In 2024, oil, natural gas and coal made up 86.6% of the total global energy consumption, according to the report.
U.S. oil and gas industry critical of Biden administration’s plan to ease Venezuela sanctions
“What’s going on right now is that there is record production, but that’s because it takes two to four years from the initial leasing and initial permitting for companies to actually produce a viable commercial amount. So what you’re seeing now is the legacy of the Trump administration, but at the same time, you’re beginning to see some of the problems that are coming out of the Biden administration.”
Democrat President Joe Biden’s administration’s “genuine hate” for fossil fuel producers and other traditional energy companies was at the forefront of a two-day-long summit on energy security here this week featuring top industry and business leaders and political voices from around the country.
The Biden administration has implemented multiple policies that have harmed America’s domestic energy production and weakened the country’s standing internationally leading to gas shortages and the highest-ever prices in the nation’s history.
“The world needs more fossil fuels,” according to Alex Epstein, founder of the Center for Industrial Progress. Epstein argues that the benefits of energy sources such as oil, coal, and natural gas far outweigh the costs
Either go all-in on the climate alarm narrative or don’t. Either prove you live in the real world in which U.S. and global demand for oil are bound to keep rising for decades to come, or buy fully into the energy transition narrative in which reality gives way to fantasy.
One way or the other, show some courage and take a stand. This proved to be too much to ask of President Joe Biden.
Just two days after Energy Secretary Jennifer Granholm seemed to have evolved in her thinking about energy to a more realistic posture, she fell back into the fantasy world thinking that has defined her time at DOE.
The Oil & Gas Workers Association (OGWA) is pushing the Biden administration to approve the Willow Project, a multi-billion dollar drilling development in Alaska by energy firm ConocoPhillips.
A Newsom-backed proposal to punish oil companies for high profits ‘will only make matters worse for the California consumer,’ expert tells state committee
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