These are heady days for bashing U.S. and European multinational oil corporations while also begging OPEC to increase oil production. While the U.S. House of Representatives is excoriating oil company CEOs, the Biden Administration is pleading for more oil from abroad. Talk about bizarre and mixed messages. A better course is to hold Big Oil accountable to its bold promises for cleaner energy production and to track how it is doing. The push for a cleaner oil and natural gas industry is driven largely by using Big Data to spur research resulting in lower emissions. Lexington Institute’s Paul Steidler discusses these issues in an Op-Ed here.
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