OPEC released its 2024 World Oil Outlook on Thursday, forecasting a 19 percent rise in global oil demand by 2050—driven by population growth, urbanization, and soaring power needs, particularly from AI and industrial expansion in developing nations. The group projects oil demand will increase from 103.7 million barrels per day (bpd) in 2024 to 123 million bpd by 2050.
New York will fine fossil fuel companies $74 billion over the next 25 years for environmental damage. The bill creates a "Climate Superfund" that supports state projects bolstering its environmental agenda.
The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.
Slavery did not start in 1619.
It began with kings. Wherever there was the first king on top there were slaves on the bottom.
From the beginning of recorded history, Kings fought battles. When kings were victorious, they considered...