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Senate Reinstates Methane Emission Rules For Oil, Gas Industry

2 hours
U.S. Oil Imports From OPEC Plunge To Lowest Since 1973
5 hours
Mexico’s Private Oil Companies Could Add 700,000 Bpd By 2030
6 hours
Senate Reinstates Methane Emission Rules For Oil, Gas Industry
22 hours
Major Chinese Investors Could Buy Stake In Aramco
23 hours
Oman s National Oil Firm To Sell Off Assets To Fund $8 Billion In Spending
1 day
Brent Crude Loadings Could Stop If Workers Go On Strike In Mid-May
1 day
Alberta Wins “Turn Off Oil Taps” Court Battle
1 day
Uganda Set To Launch Tenders On Massive Oil Project In December
1 day
BP Resumes Buybacks After Q1 Profit Triples
1 day
Canada’s Oil Sands In Trouble As COVID Cases Soar ....

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29Apr2021 Midday Update: Oil Jumps To Six-Week High On Stronger Economic Outlook, WTI Slips 64.73, DOW Falls To +70 Points, Nasdaq Down -0.3%, Bitcoin Slides 53200

Biggest midday movers: Facebook, Ford, eBay (SPY +0.2%). Turkey goes into its first full lockdown. Stocks slammed as Biden admin says gig-workers should be classified as employees.
Here is the current market situation from CNN Money
North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively.
What Is Moving the Markets
Here are the headlines moving the markets.
Oil Jumps To Six-Week High On Stronger Economic Outlook
Oil prices rose early on Thursday to their highest level in six weeks as a brighter outlook on the American economy and oil demand offset bearish demand prospects from the COVID crisis in India. As of 11:03 a.m. EDT on Thursday, WTI Crude was up 1.50 percent at $64.87, after touching $65 earlier in the day, and Brent Crude prices had risen 1.61 percent to cross the $68 a barrel mark, at $68.41. A weaker U.S. dollar ....

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The Senate just took a step toward actually lowering US greenhouse gas emissions

The Senate just took a step toward actually lowering US greenhouse gas emissions
Vox.com
4/29/2021
Gregory Svirnovskiy
© Sarah Silbiger/Getty Images
Senate Majority Leader Chuck Schumer (left) and Sen. Martin Heinrich (D-NM) speak at a press conference prior to a Senate vote to reinstate Obama-era methane emissions standards.
The Senate on Wednesday took an important step forward on limiting emissions and meeting its commitments to curb global warming by voting to limit the unbridled release of methane molecules, often a byproduct of natural gas production, into the atmosphere.
The 52-42 vote reinstates the Oil and Natural Gas New Source Performance Standards, a handful of Obama-era regulations on methane emissions rolled back by former President Donald Trump in August 2020. The measure drew support from every Senate Democrat, as well as Republican Sens. Susan Collins (R-ME), who has opposed GOP efforts to deregulate methane e ....

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Senate Votes to Restore Obama-Era Regulation of Methane, a Climate-Warming Gas

The 52-42 vote sets up the first official reinstatement of one of more than 100 climate regulations dismantled by the Trump administration. Regulating methane, a primary component of natural gas, is critical for advancing President Joe Biden s goal to slash U.S. greenhouse gas emissions in half from 2005 levels over the next decade and achieve a net-zero economy by 2050.
Democratic Senate Majority Leader Chuck Schumer, as well as Sens. Martin Heinrich, D-NM, Angus King, I-ME, and Edward Markey, D-Mass., introduced the resolution under the Congressional Review Act, a law which allows Congress to quickly overturn a previous administration s regulations with a simple majority vote and a signature from the president. ....

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U.S. Senate to vote on measure to reverse methane rule rollbacks in climate move

U.S. Senate to vote on measure to reverse methane rule rollbacks in climate move
By Valerie Volcovici
Reuters
WASHINGTON (Reuters) - The U.S. Senate will vote on Wednesday on a measure to restore regulation of emissions of methane, a potent greenhouse gas, a move that Democratic Senate Majority Leader Chuck Schumer called a big deal in fighting climate change.
Schumer, along with fellow Democrats Martin Heinrich and Ed Markey and Independent Angus King, will introduce their resolution in the Senate under the Congressional Review Act (CRA), a 1996 law that allows Congress to reverse federal rules implemented in the last days of a past administration with a simple majority. ....

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