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By Timothy Gardner and Richard Valdmanis (Reuters) - U.S. President Joe Biden's decision to tap the nation's emergency oil stockpiles marks the first ...

U.S. President Joe Biden's decision to tap the nation's emergency oil stockpiles marks the first time in two decades that a president has used the reserve to tame energy prices instead of tackle a supply disruption.

Tristan Abbey Contributor Share on Twitter Tristan Abbey is President of Comarus Analytics LLC. He served as senior policy advisor at the U.S. Senate Committee on Energy and Natural Resources and as director for strategic planning at the National Security Council. No single question bedevils American energy and environmental policy more than nuclear waste. No, […]

Cyberattack exposes lack of required defenses on U.S. pipelines The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses. The U.S. government has had robust, compulsory cybersecurity protocols for most of the power grid for about 10 years to prevent debilitating hacks by criminals or state actors. But the country’s 2.7 million miles (4.3 million km) of oil, natural gas and haza...

Peoria, IL, USA 1470 & 100.3 WMBD May 12, 2021 | 5:44 AM FILE PHOTO: Holding tanks are seen in an aerial photograph at Colonial Pipelines Dorsey Junction Station in Woodbine, Maryland, U.S. May 10, 2021. REUTERS/Drone Base WASHINGTON (Reuters) – The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses. The U.S. government has had robust, compulsory cybersecurity protocols for ...

Analysis - Cyberattack exposes lack of required defenses on U.S. pipelines By Timothy Gardner Reuters WASHINGTON (Reuters) - The shutdown of the biggest U.S. fuel pipeline by a ransomware attack highlights a systemic vulnerability: Pipeline operators have no requirement to implement cyber defenses. The U.S. government has had robust, compulsory cybersecurity protocols for most of the power grid for about 10 years to prevent debilitating hacks by criminals or state actors. But the countrys 2...

Biden’s softer stance on international sanctions unlikely to trigger big waves in oil markets President-elect Joe Biden could take a more lenient approach to heavily sanctioned nations such as Iran and Venezuela, but the timing and impacted volumes of crude are unlikely to have big impacts on the oil markets that will remain dominated by the ongoing coronavirus pandemic. Outgoing President Donald Trump took a hard-line stance on sanctions, undoing the US-Iran nuclear accord and adding new san...

TristanAbbey Tristan Abbey is President of Comarus Analytics LLC. He previously served at the National Security Council and the Senate Committee on Energy and Natural Resources. Follow him on Twitter @TristanAbbey.