The Organization of Petroleum Exporting Countries (OPEC) and fellow oil-producing allies (OPEC+) are back in the driver’s seat as U.S. shale oil is no longer the marginal fuel due to President Joe Biden’s anti-oil and gas policies. Brent oil jumped to $85 a barrel since members of OPEC+ including Russia announced production cuts  of 1.16 million barrels per day on April 2, adding to earlier cuts the bloc made. OPEC+ wants higher prices to pay for Saudi Arabia’s domestic projects and...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss former President Trump's legal woes, a new paper from the Institute for Energy Research, the GOP and DNC swapping seats across the country, and more.

Links:

• Read the full indictment against Trump
• IER Paper: Energy Security Is National Security
• Wisconsin: Janet Protasiewicz flips Wisconsin Supreme Court
• North Carolina: Charlotte Rep Tricia Cotham switches to the GOP, creating a veto-proof majority for...

The United States and Japan reached a trade agreement for critical minerals used in batteries–a deal aimed at allowing Japan to meet sourcing requirements for new electric-vehicle subsidies in the United States and beginning to shift energy supply chains away from China. Under the deal, the United States and Japan agreed not to levy export duties on critical minerals they trade and coordinate labor standards in producing minerals, among other steps. The Biden administration has started ...

Senator Joe Manchin, Chairman of the Senate Energy and Natural Resources Committee, is not happy about how his wording in the Inflation Reduction Act is being interpreted by President Biden’s Department of the Treasury.  Treasury’s proposal allows a much wider claim on the electric vehicle tax credit than he says he intended. The Treasury Department is offering U.S. automakers leniency  in being able to use more foreign-sourced minerals and battery parts without losing the tax break and...

New York will become the first state to pass a law banning natural-gas and other fossil-fuel hookups in new buildings on its way to meeting President Biden’s net zero carbon goals and the state’s own targets for greenhouse-gas reduction. The New York State Climate Leadership and Community Protection Act, passed in 2019, calls for a reduction in economy-wide greenhouse-gas emissions of 40 percent by 2030 and 85 percent by 2050 from 1990 levels.

The ban  is to be added to the state’s...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the highlights from a busy week in Washington and their thoughts on the new season of Major League Baseball.

Links:

• Zycher testimony
• Governor Gavin’s Big Oil Bill LA Times
• Biden’s WOTUS tanks in Senate
• We Own the Science
• Rep. Gary Palmer Calls Out Smirking TikTok Lobbyist Sitting Directly Behind CEO

The American Energy Alliance urges all members to vote yes on final passage of H.R. 1 the Lower Energy Costs Act.

This legislation includes common sense reforms and policy changes which will lower energy costs for Americans and encourage domestic investment in resource development as well as reducing red tape for a broad spectrum of energy and energy-related projects. With persistently high inflation, these types of actions to lower costs are all the more needed. The incremental steps...

WASHINGTON DC (03/31/2023) – Today, the House of Representatives passed H.R. 1, the Lower Energy Costs Act.

AEA President Thomas Pyle issued the following statement:

The American Energy Alliance urges all members to vote YES on amendments 10, 11, 12, and 13 and vote NO on amendment 26 offered to H.R. 1 the Lower Energy Costs Act.

YES: Palmer-Lesko amendment #10 would ensure that consumer choice in appliances is not arbitrarily constrained. Despite denials from the White House, various parts of the bureaucracy continue to advance proposals that would ban functionally all gas powered stoves. Congress can definitively end this threat with a simple vote.

Expensive electricity rates are making home battery charging a headache and outside of the home , inconsistent and sometimes high pricing policies, frequently broken equipment, and a lack of battery chargers in key locations for all but Tesla drivers is frustrating electric vehicle owners. Inflation and intermittent renewable energy (wind and solar power) are escalating electricity rates, making EV home charging a frustrating experience for some drivers, particularly those in blue states...