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On Friday, April 15, President Joe Biden announced 144,000 acres of the federal mineral estate opened for oil and gas leasing—just 0.00589 percent of the 2.46 billion acres the American people own . Along with this announcement, Biden increased the rents on leased land and the royalties companies must pay on every barrel of oil and every cubic foot of natural gas produced. Of course, those increases will raise the price of domestically produced oil and therefore gasoline, diesel, natural...

Last week, the U.S. Department of Transportation (DOT) released stricter fuel economy standards  for automobiles, known as the Corporate Average Fuel Economy CAFE) Standards. The new CAFE standards require that the average new vehicle in the United States get 49 miles per gallon of gasoline by 2026. The new standards will require an increase in fuel efficiency of 8 percent annually for model years 2024 to 2025 and 10 percent annually for model year 2026. They will increase the estimated...

President Joe Biden plans to extend the availability of higher biofuels-blended gasoline  during the summer to lower gasoline costs and to reduce reliance on foreign energy sources. The measure will allow Americans to buy E15, a gasoline blend that contains 15 percent ethanol from June 1 to September 15. E15 is cheaper on average than gasoline but it is less energy efficient, requiring drivers to buy more fuel. The shift could result in a modest effect on gasoline prices at the pump given...

President Joe Biden is expected to call on Congress  to pass legislation enacting “use it or lose it” fines on wells that oil companies have leased from the federal government but have not used in years and “on acres of public lands that they are hoarding without producing…Companies that are producing from their leased acres and existing wells will not face higher fees.” The extra fees on federal leased land are on top of rents that the oil companies pay to hold the leases,...

Last week, President Biden invoked the Defense Production Act to increase domestic production of minerals used in making electric vehicles, such as nickel, lithium and cobalt. The president said that the country depended on unreliable foreign sources for many materials necessary for transitioning to the use of renewable energy and reports have stressed this for years. The irony of the situation is that in January, the Biden administration  revoked the federal leases for the Twin Metals mine...

Today the Biden administration announced it would “immediately increase supply by doing everything we can to encourage domestic production now.” While the Biden administration can change course, this would require a 180-degree change from their current approach.  

The Biden administration claims that “The fact is that there is nothing standing in the way of domestic oil production.” This is not true. According to the latest numbers from the Department of Interior, there are...

As American motorists reel from gasoline prices averaging more than $4.20 nationally, it’s important to shine a critical light on so-called climate policies that would drive prices up even higher. Consider for example the provocatively-named “Polluters Pay Climate Fund Act,”  originally introduced last August by Senator Chris Van Hollen (D-MD) along with Bernie Sanders and a coalition of other Senate Democrats. The Act would apportion a $500 billion “assessment” over ten years...

One of the proposals from California Governor Gavin Newsom to deal with high gasoline prices is to provide rebates to residents who own cars at $400 per registered vehicle, capped at two per person. The proposal would give $400 debit cards to those who own vehicles, as well as millions of dollars to transportation agencies to offer free rides for three months. Gasoline prices in California are the nation’s highest, $5.917 a gallon  recently and up more than $2 from a year ago. Part of the...

Many leading voices in Congress ran for office promising to end domestic production of natural gas, oil, & coal.

The DNC's biggest stars get their sound bites attacking American energy producers. Now that the predictable consequences of their extremist agenda are coming to fruition Pelosi and her cronies are changing their tune.

You can't have it both ways, Congress.

Learn more:

• American Gas Could Save The World, If Biden Would Get Out Of The Way
• Biden Doubles Down...

EIA’s Annual Energy Outlook 2022 reference case (which assumes current laws and regulations) projects that U.S. energy consumption will grow through 2050. According to the reference case, petroleum will retain the largest share of energy consumption throughout that period, followed by natural gas. Renewable energy is projected as the fastest-growing energy source through 2050.

EIA projects that transportation and industrial processes will continue to be the primary sources of petroleum...