Skip to Content

Month: October 2022

Fetterman slams Big Oil for surging profits and failure to invest in new supply

By Matt Egan Democrat John Fetterman scolded the oil industry on Thursday for reaping massive profits and argued companies are rewarding shareholders instead of aggressively investing in new supply. “Big Oil just made another round of record profits by gouging Americans at the gas pump,” Fetterman, the lieutenant governor of Pennsylvania, said in a statement.

Continue Reading

UK says new PM Rishi Sunak won’t go to UN climate conference

LONDON (AP) — British Prime Minister Rishi Sunak will not attend a major United Nations climate conference next month, the government said Thursday. Sunak’s office said the decision was made because of “pressing domestic commitments” including preparations for an emergency budget on Nov. 17 and does not reflect a downgrade in the Conservative government’s commitment

Continue Reading