Chevron CEO slams Biden LNG export pause as 'undermining' energy security [Seeking Alpha]
ConocoPhillips (COP)
Last conocophillips earnings: 4/30 07:00 am
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Source: Seeking Alpha
export licenses for liquefied natural gas, which he said will raise energy costs, threaten supplies for U.S. allies, and increase emissions by slowing the transition from coal to gas. "When it comes to advancing economic prosperity, energy security, and environmental protection, an LNG permitting pause fails on all three," Wirth told the GasTech conference in Houston. "The administration should stop the attacks on natural gas and embrace the benefits it is already delivering around the world." Wirth said the Biden policy makes no sense because natural gas replaces more heavily polluting coal in power generation in many cases; citing data from McKinsey, he said the emissions the U.S. avoids by switching to gas from coal are more than double the reductions from all the wind and solar power added in the past 15 years. Switching from coal to gas also will be vital for the development of artificial intelligence, an advance Wirth said "will depend not only on the design labs of Silico
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COP
News
- Energy Bosses Demand Clear And Consistent U.S. Policies On Natural Gas [Forbes]Forbes
- ConocoPhillips (NYSE: COP) had its price target lowered by analysts at UBS Group AG from $153.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
- ConocoPhillips CEO Ryan Lance on falling oil prices, energy demand and rate cuts [CNBC]CNBC
- 3 Ways Bitcoin Could Impact The U.S. Economy [Forbes]Forbes
- ConocoPhillips (NYSE: COP) had its price target lowered by analysts at Mizuho from $132.00 to $129.00. They now have a "neutral" rating on the stock.MarketBeat
COP
Earnings
- 8/1/24 - Miss
COP
Sec Filings
- 9/12/24 - Form SD
- 9/4/24 - Form 4
- 9/4/24 - Form 3
- COP's page on the SEC website