Fracking

Liberty’s Profits Dive to Three-Year Low Amidst Oil Price Collapse

1 month ago

In a significant downturn for the energy sector, Liberty Energy Inc., a prominent player in the fracking industry, has reported its profits plummeting to a three-year low. This alarming decline comes as oil prices experience a notable slump, raising concerns about the overall health of the market. The latest financial report reveals that Liberty's net income dropped by more than 60% compared to the previous year, a clear indication of the challenges the company is facing in a fluctuating economic landscape.

Biden Administration's LNG Study Gives Green Light to Continued Exports, But at a Cost

5 months ago

In a recent development that has stirred conversations across the energy sector, the Biden administration has released a study assessing the impact of liquefied natural gas (LNG) exports on the U.S. economy and the environment. However, the study reportedly stops short of implementing a moratorium on new LNG export approvals, a conclusion that has drawn mixed reactions from stakeholders, environmentalists, and lawmakers alike.

Fracking Executive Gaining Momentum in Bid for Trump’s Energy Secretary Position

6 months ago

In a dramatic turn of events, a prominent executive in the fracking industry has begun to secure notable endorsements as he positions himself for a potential role as Energy Secretary in a second Trump administration. This development not only highlights the ongoing influence of fossil fuel advocates within Republican circles but also underscores the strategic alignments that could shape U.S. energy policy in the coming years.