Gil Cisneros, a Democrat running in California’s toss-up 39th Congressional District, has investments in more than 30 companies in the oil and gas sectors through his personal foundation, including one company that paid the U.S. government millions in settlements after bribing officials at an Uzbek state-controlled oil firm, according to a review of his foundation’s tax forms. In spite of this, Cisneros has been campaigning against the industry as part of his plan to defend the environment and combat climate change.
Rep. Jackie Rosen, the Democrat vying to unseat Republican senator Dean Heller in Nevada, has profited from investments in petroleum and natural gas, despite heralding “renewable energy” as a cornerstone of her campaign.
“From the steps of the Supreme Court to the White House press room, from global trading exchanges to the snowy reaches of Alaska — over the last week, you could hear the creak of history as it began to pivot in a half-dozen locales,” an editorial in the New York Times read.
Alaska Sen. Lisa Murkowski (R.) introduced a bill this week that would allow oil and gas drilling in her state’s Arctic National Wildlife Refuge, or ANWR.
The Trump administration is expected to approve the cross-border permit for the Keystone XL oil pipeline by Monday, reversing former President Obama’s decision 16 months ago to block its construction.
The Islamic State has shored up its oil and gas sales to the regime of President Bashar al-Assad in Syria, padding the terrorist group’s coffers with much needed funds, according to U.S. and European officials.
Aleppo, Syria’s largest and wealthiest city fell back under the control of the Syrian regime Tuesday amid reports that the Syrian soldiers murdered as many as 82 civilians during Tuesday’s clearing of buildings in east Aleppo. Meanwhile, in a dramatic setback to the Syrian regime, the Islamic State terrorist group recaptured the oil field in central Syria and the city of Palmyra on Sunday.
OPEC has agreed to its first limit on oil output since 2008, sources in the producer group told Reuters, with Saudi Arabia accepting “a big hit” on its production and agreeing to arch-rival Iran freezing output at pre-sanctions levels.
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