Washington, D.C.—In response to Saudi Arabia’s “political and sovereign” decision to unilaterally cut 1 million barrels per day of oil production in addition to other OPEC members maintaining output cuts, which has sent U.S. oil benchmark West Texas Intermediate above $50, SAFE President and CEO Robbie Diamond made the following statement: “The Saudi government has […]
Washington, D.C.—In response to figures published by the National Highway Traffic Safety Administration that show 2019 road traffic fatalities falling to 36,096—a 2 percent fall from 36,835 in 2018—SAFE President and CEO Robbie Diamond made the following statement: “This small reduction is positive but considerably inadequate. There were still more than 36,000 deaths on U.S. […]
Washington, D.C.—In response to recently-published guidance opening loans totaling $42 billion from the Department of Energy’s Loan Programs Office for critical minerals projects, SAFE President and CEO Robbie Diamond made the following statement: “Tomorrow’s economies will be powered by batteries and electric transportation fed by a robust critical minerals supply chain, and the country that […]
Washington D.C.—As global oil markets and the U.S. shale industry wait for an imminent decision from OPEC on whether to maintain its unprecedented oil production cuts, SAFE President and CEO Robbie Diamond made the following statement: “Relying on a commodity dominated by countries that do not share our strategic interests is no way to power […]
Washington, DC—After the Federal Communications Commission (FCC) voted yesterday to reassign a portion of the 5.9 GHz transportation safety band to allow use by unlicensed Wi-Fi content providers, SAFE President and CEO Robbie Diamond made the following statement: “The future of transportation is connected transportation. The FCC’s decision to eat away at the spectrum set […]
