The U.S. Army Corps of Engineers has created emergency permits for fossil fuel projects to increase oil, gas, and coal production, potentially fast-tracking approvals and limiting public input and environmental analysis. President Trump’s executive order declared an energy emergency, directing expedited decisions on energy projects, including disputed ones like Line 5 and a proposed gas export terminal in Louisiana. Critics argue the move could lead to environmental harm and legal violations, while supporters see it as a way to streamline permitting processes for energy projects across the country.
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Top shale boss says US oil companies will not flock back to Russia
US oil producers, including Continental Resources' Harold Hamm, are hesitant to invest in Russia despite talks of a peace deal, citing past losses and geopolitical risks. ExxonMobil and Chevron have previously scaled back operations in Russia due to sanctions, with analysts cautioning against hasty returns. Hamm supports Trump's tough stance on sanctions and tariffs, emphasizing US LNG exports for European energy security and praising the president's accomplishments in his first term. Full Article
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