The Energy Information Administration (EIA) reported that interstate natural gas pipeline capacity additions reached a record low in 2022 based on data collected since 1995. In 2022, 897 million cubic feet per day of interstate natural gas pipeline capacity was added from five projects, according to EIA’s latest State-to-State Capacity Tracker , which contains information on the capacity of natural gas pipelines that cross state and international borders. The five projects that increased...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the biggest news of the week and the wildest soundbites to come out of the Biden White House.

WASHINGTON DC (03/02/2023) – This week, the House and Senate voted to cancel a Labor Department rule that encourages retirement plan managers to weigh environmental and social issues when making investments.

AEA President Thomas Pyle issued the following statement:

On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss a busy week of headlines and the lackluster response from the White House.

Links:

• Wholesale Electricity Prices in CA
• Democrat Peters: NEPA
• Equity: Get Rid of Honors Classes
• Vivek Ranaswamy enters the race
• Tim Scott visits Iowa

In late February 2023, the price of carbon permits on the European Union’s carbon market hit 100 euros ($106.57) per metric ton  – the amount of increased costs that factories and power plants must pay when they emit carbon dioxide. The benchmark EU Allowance (EUA) contract had hit a high of 101.25 euros per metric ton. EUAs are the main currency in the European Union’s Emissions Trading System (ETS) which forces manufacturers, power companies and airlines to pay for each metric ton of...

Ford Motor Co. recently announced plans to invest $3.5 billion  to build an electric vehicle battery plant in Michigan with Chinese partner Contemporary Amperex Technology Limited (CATL)—the world’s number 1 maker of electric-car batteries with 13 factories in Europe and Asia. CATL would license technology to Ford to produce lithium iron phosphate (LFP) batteries and would provide the U.S. automaker with technical assistance. Building LFP batteries in Michigan enables Ford to obtain...

It is anticipated that President Biden’s Environmental Protection Agency (EPA) will soon release new and expanded regulations that will result in coal’s demise.  EPA is expected to release six new rules  covering everything from carbon to coal ash, which are expected to trigger new coal plant retirements as the cost of keeping coal plants operational with the new regulations increases. Most of the existing coal plants have already paid off their capital costs, but these regulations could...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the latest inflation numbers, the fumbling future of electric vehicles, and preliminary thoughts on the 2024 presidential primary. This week the show is joined by Nate Fischer, CEO of New Founding, for a discussion on the most pressing issues facing the United States.

Links:

• Italy: Europe ICE Ban a suicide
• Only the Rich can Afford
• Ford Halts Production of E F-150
• Senator Kennedy Strikes Again: Climate
• Nate...

AEA's sister organization, The Institute for Energy Research, has released a new report comparing the environmental quality of the major oil-producing countries.

For many years there has been a political movement centered in North America and Europe seeking to halt oil and gas production in the countries of those regions. Proponents claim this effort is justified in the name of protecting the environment and saving the earth from climate change, but this political movement has done...

Nationwide, wholesale natural gas prices have fallen about 50 percent since the end of October. But, the opposite trend has emerged in California, where prices have risen 63 percent. Colder weather increased demand while maintenance on an interstate pipeline reduced supply. That along with reduced natural gas inventories in the region made for a very tight natural gas market. For example, one resident owes $330  for the month of January—385 percent higher than the average monthly bill of...