FROM THE OIL PATCH

Supreme Court unleashing power over pipelines, natural gas
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Supreme Court unleashing power over pipelines, natural gas

A decade of battles against pipelines proposed to crisscross the country is arriving at the Supreme Court. Driving the news: The court ruled last week on the first such high-profile case, and two other actions also on pipelines are pending before the justices in decisions whose impacts could be far-reaching.

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Are Investors Ignoring The Largest Financial Risk Ever?

Are Investors Ignoring The Largest Financial Risk Ever?

Financial markets are vastly underestimating the financial risk from climate change, according to the International Monetary Fund.  Global temperatures have already increased by 1.1 degrees Celsius since preindustrial times and are on track to warm somewhere around 3 degrees C by the end of the century, although much depends on

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A reshaped U.S. oil sector awaits

A reshaped U.S. oil sector awaits

The domestic oil sector that emerges from the pandemic-fueled price and demand collapse will be different than what preceded it. And more signs arrive every day. Driving the news: ConocoPhillips CEO Ryan Lance, in a newly posted interview with IHS Markit’s Dan Yergin, says “shale will come back.” But he adds that there

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