Last week, the day before the latest GDP data release showed the US economy tipped into recession in the first half of 2022, Senators Joe Manchin and Chuck Schumer announced a deal on a legislative package to be passed through the budget reconciliation process. That process allows the Senate to pass certain types of legislation with a simple majority vote, meaning that Democrats alone can pass partisan priorities. This deal represents an about-face from Manchin, given that just a couple of...

On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss shifting definitions, Joe Manchin's betrayal of West Virginia, and get into just how much damage the recent Senate bills could do to American families.

Links:

• Wind Fail: 20 Quotes for 30 Years of False Hopes
• Manchin’s and Schumer’s “Inflation Reduction Act of 2022”

Inflation and demand destruction have slashed gasoline demand to the point that gasoline prices have dropped radically from their $5.016 a gallon high. AAA reported  that as of July 26, gasoline prices in the United States were averaging $4.327 per gallon, which is still 37 percent higher than a year ago and over 70 percent higher than when President Biden took office.  Driving those lower prices that President Biden wants to take credit for is primarily demand destruction, which refers...

Europeans are learning slowly. The Nord Stream 1 scare that Russia would not restart natural gas flowing in the pipeline after its planned annual maintenance has put Europeans, and particularly Germans who heat half their homes with gas and use it for electricity generation and in critical industrial applications, on edge. Russia is clearly using natural gas as a weapon due to the European Union’s military involvement and issuing sanctions against Russia due to its invasion of Ukraine....

With one-third of the United States sweltering under severe summer heat warnings, President Biden is doing nothing to ensure adequate electricity capacity and sufficient natural gas and coal availability to keep generators operating under the large demand for air conditioning. Texas, with the largest wind capacity among the U.S. states, is calling for energy conservation to avoid rolling blackouts  as wind resources have dropped due to the intense heat. Instead, Biden is considering...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss recent events at the White House, insights from the latest public opinion polls, and more.

• For first time ever, Europe imported more natural gas from US than Russia.
• Biden Approval Hits New Low
• Celebrating 40 years at The Washington Times
• Democrat Mayors Of NYC, DC Complain About Influx Of Illegal Immigrants
• BlackRock Is Breaking the Wrong Kind of Records

Last Thursday, Senator Manchin announced that he was unwilling to move forward on the Democrats' climate legislation until he saw the next round of inflation numbers. Even though his statement explicitly left open the possibility of Manchin agreeing to some climate-related funding in the fall, Democrats and environmental activists descended into fury and sadness.   

Senator Ed Markey tweeted, “Rage keeps me from tears.” 

Senator Martin Heinrich tweeted , “Senator Manchin’s...

On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss the historic milestone reached by President Biden, the future of the reconciliation bill, and the astounding plans put forth by the crack team at the White House. This week Tom and Mike also talk with Jonathan Brightbill who litigated on behalf of West Virginia in the recent SCOTUS case West Virginia v. EPA.

Links:

• Biden: "With the last administration, we sorta walked away from the Middle East." FACT:...

Has anyone told President Biden that fossil fuels made up 82 percent of the world’s energy and 79 percent of U.S. energy in 2021? Has anyone told him that Europe is using more coal because Russia is reducing its natural gas supplies to Europe? Has anyone told him that Europe’s energy crisis first started with low levels of wind, requiring more fossil fuels to meet electricity demand? Does he care that there are riots in the world due to escalating inflation , caused in part due to high...

President Biden wrote an op-ed in the Washington Post to stress that he isn’t going to beg for oil. In fact, the op-ed hardly mentions energy at all. The Biden White House, however, has begged OPEC+ for more oil for the last year, the high price of gasoline is the number one issue for likely voters, and voters are blaming Biden for high gasoline prices. Of course, energy is an important part, or even the most important part, of Biden’s trip to the Middle East.

Reading Biden’s op-ed...