Federal ‘God squad' exempts oil and gas drilling in the Gulf from endangered species rules [Los Angeles Times (CA)]
BP p.l.c. (BP)
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Source: Los Angeles Times
Hegseth said environmentalists' lawsuits against the industry threatened to hobble domestic energy supplies as the U.S. wages war against Iran. Critics said the move by the government's Endangered Species Committee could doom a rare whale species and harm other marine life. Nicknamed the “God Squad” by groups who say it can decide a species' fate, the committee comprises several Trump administration officials and is chaired by Interior Secretary Doug Burgum. It met Tuesday for the first time in more than three decades amid global oil shocks and soaring energy prices brought on by the Iran war. The U.S. pumps more oil than any other nation, but that hasn't insulated it from spiking prices: The national average for a gallon of gasoline topped $4 Tuesday for the first time since 2022. “Disruptions to Gulf oil production doesn't hurt just us, it benefits our adversaries,” Hegseth told the committee. “We cannot allow our own rules to weaken our standing and strengthen those who wish
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BP
News
- Trump administration exempts oil and gas drilling in the Gulf from Endangered Species Act [CBS News]CBS News
- Washington's ‘God Squad' assembles to debate the fate of a rare endangered whale and drilling in the Gulf of Mexico [Fortune]Fortune
- BP (BP) was upgraded by Scotiabank to "strong-buy".MarketBeat
- Federal 'God squad' poised to exempt oil and gas drilling in the Gulf from endangered species rules 1 / 5 [Yahoo! Finance Canada]Yahoo! Finance Canada
- Stocks Pressured by Economic Fallout from Iran War [Yahoo! Finance]Yahoo! Finance
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