The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices (Brent crude oil) in 2025 to average $74 per barrel, falling to $66 per barrel in 2026. That is down from an average of $81 per barrel in 2024, or 8% lower in 2025 and 11% lower in 2026. The EIA forecast contrasts with Citibank’s lower price forecast for this year of $67 a barrel , which it raised from a previous forecast of $62 per barrel due to geopolitical risks...

As the Trump administration settles into a their first week in office the Institute for Energy Research, AEA's sister organization, released The American Energy Blueprint. This report serves as a comprehensive set of policy recommendations to guide the new Trump administration’s approach to energy policy.

The American Energy Blueprint  outlines key reforms in areas such as federal land and water use, expanding consumer choice, reducing subsidies, curbing government spending and...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the Trump administration's busy first week and the subsequent shake-ups happening in the world of energy.

Links:

• DOGE is already being more efficient: Ramaswamy Out
• Pardon Me
• Ohio and Florida Senate Seat Shuffle
• Stellantis Brings back American Classics
• Germany called. It wants its manufacturing back
• Net-Zero Initiative Suspends Operation
• BP Slashes
• Tweet of the Week

The wildfires in Los Angeles have made people realize that electric vehicles (EVs) are not reliable because of the inability to charge EVs during a power outage . Power outages have resulted from high winds, and L.A.’s wildfires have magnified the grid destruction. If your only vehicle is electric and only charged to a fraction of the battery’s range when evacuation orders come, you may be in serious trouble getting to a safe destination, as Californians are now figuring out. Evacuees...

President Trump signed 200 executive orders on his first day in office–some in front of his many supporters in the Capital One Arena and others during a press conference in the Oval Office.  He is mandating that the federal workforce return to their offices rather than working from home or other remote facilities and begin work on his agenda, in some cases, providing specific dates for reporting back on progress. His first-day executive orders included many on energy , including declaring...

WASHINGTON DC (1/20/25) – On his first day in office, President Trump began the long process of reversing the Biden administration’s war on American energy by issuing several executive orders and directives related to energy. President Trump’s “Day One” agenda includes withdrawing from the Paris Agreement under the United Nations Framework Convention on Climate Change and revoking the U.S. International Climate Finance Plan. He also rescinded several  Biden-era executive...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the final moves of Team Biden, Trump's confirmation hearings, the headlines of the week, and dissect what may very well be the last clip of Joe Biden to ever grace the show.

Links:

• Yellen: COVID stimulus may have contributed “a little bit” to inflation
• Senate Democrats Cringe Video
• Sticking it to the Mann
• Fink Pulls Out of Climate Group
• Breakthrough “Breaks” it All Down
• EPA Grants (AKA...

WASHINGTON DC (1/15/24) – Former Congressman Lee Zeldin will appear before the U.S. Senate Committee on Environment and Public Works this week to consider his nomination for EPA Administrator. This role will be critical in helping President Trump reshape U.S. energy policy and ending President Biden's EV mandates. We offer these seven suggested questions for Senators to consider asking Congressman Zeldin during his confirmation hearing:

1. A repeated theme in environmental policy has...

WASHINGTON DC (1/4/24) Liberty Energy CEO Chris Wright will appear before the U.S. Senate Energy and Natural Resources Committee this week to consider his nomination for Energy Secretary. Mr. Wright will play a critical role in helping President Trump reshape U.S. energy policy, especially in cleaning up the mess being left behind by the Biden administration at the Department of Energy. Here are a few questions Senators may want to consider asking Mr. Wright during his upcoming hearing:

WASHINGTON DC (1/13/25) – North Dakota Governor Doug Burgum will appear before the U.S. Senate Energy and Natural Resources Committee tomorrow to consider his nomination for Secretary of the Department of the Interior. Given the critical role this position will have as part of President Trump’s energy team, and in shaping U.S. energy policy, we have prepared some suggested questions for his nomination hearing.

1. The Biden-Harris administration was much more extreme than even the...