Chevron Is Still Stronger Than Exxon

Chevron Is Still Stronger Than Exxon
Reuben Gregg Brewer, The Motley Fool

There has been a changing of the guard in the energy space. Here's a look at why Chevron remains the alpha dog in the United States.

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  • Incoming Biden administration to migrant caravan: Don't come, you won't get in immediately

    "The situation at the border isn't going to be transformed overnight," a senior Biden transition official told NBC News in an exclusive interview.

  • Boy Killed By Father After Vaccination Dispute in Heartbreaking Murder-Suicide in SF

    A boy who was killed in an alleged murder-suicide by his father has been identified as 9-year-old Pierce O’Loughlin. Family tragedy: The boy and his father, Stephen O'Loughlin, 49, were both found dead at their home on Scott Street, Marina District in San Francisco on Wednesday afternoon, SF Chronicle reports. The boy’s mother, Lesley Hu, asked authorities to check on her son after learning that he did not show up for school that day.

  • Feds arrest Capitol rioter who allegedly broke into Pelosi's office, stole laptop, wanted to sell it to Russia

    A woman who participated in the Jan. 6 siege of the U.S. Capitol surrendered to authorities in Pennsylvania on Monday night, the Justice Department said. Riley Williams, 22, was charged with illegally entering the Capitol, violent entry, and disorderly conduct, but the FBI said it is also investigating a tip from the suspect's former "romantic partner" that Williams broke into House Speaker Nancy Pelosi's office during the siege, stole a laptop, and "intended to send the computer device to a friend in Russia, who then planned to sell the device to SVR, Russia's foreign intelligence service."The transfer of the laptop to Russian intelligence "fell through for unknown reasons," the former partner, identified only as Witness 1, told the FBI, "and Williams still has the computer device or destroyed it." Williams was captured on video urging fellow rioters to go upstairs in the Capitol, toward Pelosi's office, the FBI said. Pelosi's deputy chief of staff, Drew Hammill, confirmed after the siege that "a laptop from a conference room was stolen," but said "it was a laptop that was only used for presentations."Williams lived with her mother, who identified her as the woman in an ITV video of the Capitol raid, the FBI said. The mother also told authorities that her daughter had taken a sudden interest in President Trump's politics and "far-right message boards." Williams had traveled to the pre-riot protest with her father, but he said they were separated before the Capitol siege, the FBI said, and after they returned to Pennsylvania, Williams deleted her social media accounts, changed her phone number, and fled.More stories from theweek.com 5 more scathing cartoons about Trump's 2nd impeachment Statehood for D.C. and Puerto Rico only needs 50 votes What the Constitution really says about removal from office

  • Thai court gives record 43-year sentence for insulting king

    A court in Thailand on Tuesday sentenced a former civil servant to a record prison term of 43 years and six months for breaching the country's strict law on insulting or defaming the monarchy, lawyers said. The Bangkok Criminal Court found the woman guilty on 29 counts of violating the country’s lese majeste law for posting audio clips to Facebook and YouTube with comments deemed critical of the monarchy, the group Thai Lawyers for Human Rights said. “Today’s court verdict is shocking and sends a spine-chilling signal that not only criticisms of the monarchy won’t be tolerated, but they will also be severely punished,” said Sunai Phasuk, a senior researcher for the group Human Rights Watch.

  • Dominion sends cease and desist letter to My Pillow CEO Mike Lindell

    Dominion Voting Systems on Monday sent a cease and desist letter to My Pillow CEO Mike Lindell over his spread of misinformation related to the 2020 election.Why it matters: Trump and several of his allies have pushed false conspiracy theories about the company, leading Dominion to take legal action. It's suing pro-Trump lawyer Sydney Powell for defamation and $1.3 billion in damages, and a Dominion employee has sued Trump himself, OANN and Newsmax.Be smart: sign up FREE for the most influential newsletter in America. * The letter also orders Lindell to "preserve and retain all documents relating to Dominion and your smear campaign against the company." * Lindell also must preserve all communications with any member of the Trump campaign, in addition to communications with Rudy Giuliani, Powell, Jenna Ellis and Lin Wood. The big picture: Lindell met with Trump last week and was caught by photographers with notes referencing martial law and Sidney Powell. The CEO has become known for pedaling election-overturning conspiracies and last year promoted a fake cure to the coronavirus. What they're saying: Dominion's letter reads... "Despite knowing your implausible attacks against Dominion have no basis in reality, you have participated in the vast and concerted misinformation campaign to slander Dominion ... Litigation regarding these issues is imminent."A spokesperson for My Pillow did not immediately return a request for comment. Read the full letter here: Support safe, smart, sane journalism. Sign up for Axios Newsletters here.

  • Police use water cannon on anti-lockdown protest

    The protesters had gathered on a square in front of the Rijksmuseum and Van Gogh Museum art galleries, carrying signs reading "Freedom: stop this siege" and chanting "What do we want? Freedom!". None wore masks, which are not mandatory, and few respected social distancing rules. Authorities had declined an application for the protest to be held on Museum Square. The demonstrators refused to leave when police told them to do so, and some threw fireworks.

  • Biden Official Tells Migrants ‘Now Is Not the Time’ to Come to U.S.

    A senior Biden transition official is warning migrants hoping to cross the southern border into the U.S. during the early days of the new administration that “now is not the time” to come. “There’s help on the way, but now is not the time to make the journey,” an unnamed Biden official said, NBC News reported. The Biden administration is looking to end the Trump administration’s policy of requiring that migrants wait in Mexico as immigration courts consider their asylum applications. Those who have been waiting at the border will be considered first for entry over migrants who only recently arrived. Additionally, the Biden administration will scrap the stricter restrictions the previous administration imposed on asylum seekers, which limit who is eligible for entry. However, any immigration legislation proposed by the Biden administration will address illegal immigrants living in the U.S. rather than new migrants arriving at the border, the official said. “The situation at the border isn’t going to be transformed overnight,” the official explained, saying that migrants seeking to gain asylum right away “need to understand they’re not going to be able to come into the United States immediately.” A caravan of about 2,000 Honduran migrants desperate to reach the U.S. forced their way past Guatemalan authorities Friday night and are expected to reach the southern border within the next few weeks. The caravan “will not find when they get to the U.S. border that from Tuesday to Wednesday, things have changed overnight and ports are all open and they can come into the United States,” the official cautioned. “We have to provide a message that help and hope is on the way, but coming right now does not make sense for their own safety … while we put into place processes that they may be able to access in the future,” the official said. In 2018, just before the midterm elections, a caravan of thousands of Central American migrants headed for America’s southern border. Similarly, in early 2017, just before President Trump took office, a caravan made its way to the border, drawing the ire of Trump.

  • Trump news – Armed groups dwarfed by security at state capitals as president’s approval at new low

    The latest updates from the White House and beyond on 17 January 2021

  • Far-right extremists have reportedly discussed posing as National Guard members in D.C.

    The FBI on Monday shared with law enforcement agencies an intelligence report warning that far-right extremists have talked about going to D.C. for the inauguration and posing as National Guard members, The Washington Post reports.The Post obtained a copy of the document, which said "lone wolves" and QAnon followers — including some who participated in the mob that stormed the Capitol earlier this month — have indicated they intend on traveling to Washington for the inauguration. The report also said people have been observed downloading and distributing maps of sensitive locations in D.C.The briefing did not include any specific plots, the Post reports, and noted that "numerous" extremist groups and militias have publicly stated they don't want to see any violence targeting the transition of power. At the request of the FBI, the Post did not share all of the details inside the intelligence report, in order to protect intelligence-gathering methods and avoid publicizing security vulnerabilities.The Secret Service coordinates all security for the inauguration, while the FBI gathers intelligence on threats made against the event. Last week, FBI Director Christopher Wray said agents are monitoring an "extensive amount of concerning online chatter" and it can be difficult to "distinguish what's aspirational versus what's intentional."More stories from theweek.com 5 more scathing cartoons about Trump's 2nd impeachment Statehood for D.C. and Puerto Rico only needs 50 votes What the Constitution really says about removal from office

  • Texas man who stormed Capitol accused of threatening to shoot kids if they turned him in

    Court documents recounted the man's telling his children that he would consider them "traitors" if they contacted authorities.

  • Honduran Migrant Traveling to U.S. Claims Biden Is ‘Going to Help All of Us’

    A Honduran migrant worker claimed that a migrant caravan was headed to the U.S. because incoming president Joe Biden would give migrants “100 days” to arrive at the country, in an interview with CNN. Biden may seek to enact a 100-day moratorium on deportations, however transition team officials have cautioned that the president-elect will not be able to overhaul immigration policy immediately upon taking office. Even so, a group of about 3,000 migrants from Honduras clashed with Guatemalan security forces on Sunday during their trek north to the U.S.-Mexico border. One migrant claimed the caravan was heading north because Biden had promised to help them, in a CNN interview later reposted by The Hill. Honduran migrant: President-elect Biden is "going to help all of us." pic.twitter.com/LkrVCsXcSb — The Hill (@thehill) January 18, 2021 “I just want patience and prayers that we can get to the U.S. because they [will] have a new president, Biden,” the migrant said. “He’s going to help all of us, he’s giving us 100 days to get to the U.S. and give us [legal] papers, so we can get a better life for our kids, and for our families.” Meanwhile, Guatemala deemed the attempted crossing illegal. “Guatemala’s message is loud and clear: These types of illegal mass movements will not be accepted, that’s why we are working together with the neighboring nations to address this as a regional issue,” the office of Guatemala’s president said in a statement on Sunday.

  • Uganda accuses U.S. of subversion after envoy tries to visit Wine's house

    Uganda's government spokesman accused the United States on Tuesday of trying to subvert last week's presidential elections after the U.S. ambassador attempted to visit an opposition leader being held under house arrest. The military surrounded the home of popstar-turned-legislator Bobi Wine, whose real name is Robert Kyagulanyi, shortly after he cast his ballot in Thursday's presidential elections. Incumbent Yoweri Museveni, 76, who has been in power since 1986, was declared winner of the poll with 59% of the vote against Wine's 35%.

  • Pence tried to contact Capitol officer Eugene Goodman to thank him

    The officer who may have saved the life of Vice President Mike Pence could now be giving him the side-eye. The cop hailed as a hero for leading a crowd of insurrectionists away from the Senate floor and potentially saving hundreds of lawmakers’ lives has, perhaps, left the vice president on read. Vice President Mike Pence has reportedly reached out to thank Capitol Police Officer Eugene Goodman for his heroism on Jan. 6, but they have yet to connect.

  • Woman Still Missing After Hike in Yosemite National Park, Officials Ask for Help

    Yosemite National Park officials are asking the public’s help for any information regarding a 41-year-old Asian woman who went missing after going on a day hike to the Upper Yosemite Fall last week. The woman was identified as "Alice" Yu Xie, a Chinese national living in the United States, according to a post shared by the park on Saturday. “If you were on the trail to the top of Yosemite Falls on January 14 or 15, 2021, even if you did not see this individual, or have any information regarding this individual, please call 209/372-0216 during business hours, or Yosemite Emergency Communications Center at 209/379-1992 after hours,” the park said.

  • Chinese miners trapped underground for more than week send note to rescuers

    Miners trapped underground in eastern China for more than a week after a blast at a gold mine have managed to send up a note to rescuers, the local government said on Monday. The blast occurred eight days ago on Sunday afternoon at a mine near Qixia city in eastern Shandong province, leaving 22 miners trapped underground more than 600 metres from the mine’s entrance. After a long period without any contact, rescuers were able to drill through the mine on Sunday afternoon and said they heard "knocking sounds". A note was then sent up from the trapped miners saying that 12 were still alive, the local government said in a statement Monday. "We are in urgent need of cold medicine, painkillers, medical tape, external anti-inflammatory drugs, and three people have high blood pressure," the note read.

  • Joe Biden’s Pandemic-Relief Bill Is a Mess

    At the outset of the pandemic, the government undertook a deliberate effort to reduce economic activity in what was widely thought to be a necessary measure to slow the spread of COVID-19. Whereas most recessions call for policy that stimulates the economy, the COVID-19 recession called for the opposite — measures that would enable workers and businesses to hit pause until a vaccine or therapeutic became widely available. Now that vaccines are being administered, policy-makers face a different challenge — not keeping Americans inside, but getting them back to work as quickly as possible. In this context, President-elect Biden’s $1.9 trillion stimulus package misses the mark. The proposal gives a nod to public health — with $20 billion allocated to vaccine distribution, $50 billion to testing, and $40 billion to medical supplies and emergency-response teams — but fails to address the most pressing hurdles to COVID-19 immunity. Vaccines sit unused not for lack of funding but thanks to burdensome rules determining which patients can receive shots and which doctors can administer them. Additional spending to speed up vaccine distribution is welcome, but its effects will be muted if bureaucratic hurdles remain in place. Even if the public-health provisions were to succeed in reopening the economy, much of the rest of Biden’s plan guarantees that it will reopen weaker. For one, an expanded unemployment-insurance top-up of $400 a week would mean more than 40 percent of those receiving unemployment benefits would make more off-the-job than on-the-job at least until September, and possibly for longer. The food-service and retail industries hit hardest by the pandemic would see the largest shortfalls in labor, exacerbating the challenges they’ve faced over the past year. Enhanced unemployment may have been reasonable when we wanted workers to stay home, but it’s catastrophic when we want them to go back to work. Meanwhile, Biden’s proposed minimum-wage increase to $15 nationally would eliminate an estimated 1.3 million jobs, hitting low-income states hardest. In Mississippi, where the median wage is $15, as many as half the state’s workers would be at risk. A minimum-wage hike may be high on the Democratic wish list, but it does not belong in an emergency-relief bill. The Biden plan isn’t all Democratic priorities, though. He took a page from Trump’s book and proposed $1,400 checks to households, bringing the second-round total to $2,000. With household income now 8 percent above the pre-pandemic trend, additional checks would do little more than pad savings accounts. Indeed, 80 percent of the recipients of last year’s checks put the money into savings or debt payments, not consumption. The flagship item in Biden’s plan would do little to spur economic growth even on Keynesian assumptions. The same goes for state and local aid, for which Biden is seeking $370 billion on top of $170 billion in public-education grants. The total of $540 billion far surpasses the roughly $50 billion hit to state and local tax revenues last year. As we wrote in December, states and cities are slow to spend federal grants, so the lion’s share of this stimulus would not show up until 2023. Rather than attempting to stimulate the economy, Biden is hoping to launder bailouts of profligate Democratic states through COVID-19 relief. Other parts of the bill — expansions of the earned-income and child-tax credits — are defensible long-term structural reforms, but as year-long emergency measures, they will have the same muted effect as direct checks. By including a slew of proposals unrelated to the pandemic, Biden has weakened his hand in negotiations and made it less likely that urgent measures pass quickly. In the depths of the COVID-19 pandemic, economic policy-makers rose to the occasion. Following an unprecedented external shock, the U.S. economy has emerged in relatively good shape, with less unemployment and bankruptcy than most feared. But the policies implemented to curb COVID-19 are not suited for what will begin to become, over the course of this year, a post-pandemic economy. Biden may have campaigned during a recession, but he is taking office during a recovery. He should govern accordingly.

  • U.S. and China clash at WHO over scientific mission in Wuhan

    The United States called on China on Monday to allow an expert team from the World Health Organization (WHO) to interview "care givers, former patients and lab workers" in the central city of Wuhan, drawing a rebuke from Beijing. The team of WHO-led independent experts trying to determine the origins of the new coronavirus arrived on Jan. 14 in Wuhan where they are holding teleconferences with Chinese counterparts during a two-week quarantine before starting work on the ground. The United States, which has accused China of hiding the extent of its initial outbreak, has called for a "transparent" WHO-led investigation and criticised the terms of the visit, under which Chinese experts have done the first phase of research.

  • Rep. Cohen admits he saw Boebert giving tour before Capitol riot

    During an interview, he recalls his colleague ‘taking a group of people for a tour sometime after the 3rd and before the 6th.’ Rep. Steve Cohen (D-TN)  revealed he witnessed Congresswoman Lauren Boebert leading a group through the Capitol building in the days before the riot. “We saw Congressman Boebert taking a group of people for a tour sometime after the 3rd and before the 6th,” Cohen remarked on CNN.

  • Irish Setter puppy mauls deer in Richmond Park with owner fined £600

    A beauty firm executive has been ordered to pay £600 costs after his Irish Setter puppy mauled a deer in Richmond Park leading bystanders to form a human shield around the wounded animal. Franck Hiribarne was training his pet Alfie in the royal park in south-west London when the gun dog gave chase to the deer forcing it to run onto the road where it was struck by a car. Footage shared on social media showed Alfie circling the injured deer before biting and dragging in front of bystanders who responded by attempting to protect the animal by forming a human shield around it.

  • Trump Signs Executive Order Expanding Prosecutors’ Access to Concealed Carry Permits

    President Trump signed an executive order on Monday expanding access to personal firearms for federal law enforcement officials. The order is one of the last of Trump’s presidency, with Joe Biden set to be sworn into office on Wednesday. The purpose of the order is to remove “undue obstacles” for law enforcement officers and prosecutors to obtain concealed carry licenses, as well as to expand protections for prosecutors and judges. “It shall be the policy of the United States to remove any undue obstacle preventing current or retired Federal law enforcement officers from carrying a concealed firearm,” the order states. The order also directs the U.S. Attorney General to “propose a regulation…to provide that the special deputation as a Deputy United States Marshall shall be granted upon request to any Federal prosecutor” who faces risk of harm as a result of his or her work. The special deputation would grant a prosecutor the right to concealed carry of a firearm. It is unclear if the incoming Biden administration will work to carry out the order. Biden announced earlier this month that he will nominate Merrick Garland, the prosecutor who headed the investigation against Oklahoma City bomber Timothy McVeigh, to the position of attorney general. Biden himself is preparing several executive orders for the first days of his presidency, in an attempt to reverse several Trump administration policies. Among other issues, Biden will rejoin the Paris Climate Accords and end Trump’s immigration restrictions on some Muslim-majority nations.