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In the middle of 2024’s first quarter, the Biden administration targeted Texas in retaliation to Gov. Greg Abbott’s stand on the border crises by asserting world environmental concerns.
We are midway through the fourth quarter of 2023, with the Biden administration continuing its quest to eliminate U.S. development of fossil-fuel resources.
The energy industry ends the first half of 2023 with a pullback in oil prices below $80/barrel, refueled by recession fears as credit conditions in the United States and many other economies tighten, and uncertainty over the pace of demand recovery in China.