Letter from Canada: Time for Biden to end hypocrisy
The US president talks the talk on urgent decarbonisation, but cannot ignore bilateral midstream dispute between Michigan and Canada
US president Joe Biden has taken a lot of flak recently for the apparent double standards of his administration’s energy policies, particularly in relation to neighbour Canada and cross-border midstream disputes. On the one hand, the president has been adopting policies and regulations to push for rapid decarbonisation of the US energy mix. On the other hand, politically inconvenient high gasoline prices have forced Biden to beg Opec+ to raise crude production, and more recently his government orchestrated the release of strategic oil reserves with the help of several major oil consuming nations. Ironically, the latter could easily backfire and lead Opec+ to forgo previously agreed upon re
Also in this section
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
17 April 2024
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
16 April 2024
Commentators need to shake off the myths of the past, with rising oil prices a boon for US economy