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On April 15, Biden’s Interior Department’s Bureau of Ocean Energy Management (BOEM) finalized a new rule requiring federal offshore oil and natural gas leaseholders to provide an estimated $6.9 billion in additional financial assurances to cover offshore decommissioning costs. The goal of the financial assurances is to limit the number of abandoned wells in the Gulf of Mexico’s Outer […]
The Biden administration has been active over the past month in producing policies to put future domestic oil and gas production on public lands in jeopardy. Specifically, he has proposed removal of 13 million acres from the National Petroleum Reserve—Alaska, finalized policies that increase the cost of producing oil and gas on federal land, and […]
Joe Biden and his Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since Biden took office, his administration and Congressional Democrats have taken over 200 actions deliberately designed to make it harder to produce energy here in America. A list of those actions appears below. A […]
WASHINGTON DC (09/19/2023) – Gasoline prices are on the rise as Saudi Arabia and Russia have announced another round of production cuts. Meanwhile, President Biden and congressional Democrats are doubling down on their efforts to make energy harder to produce and more expensive to purchase in the United States. The Biden administration claims it wants […]
Joe Biden and his Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since Biden took office, his administration and Congressional Democrats have taken over 175 actions deliberately designed to make it harder to produce energy here in America. A list of those actions appears below. A […]
The Biden White House is worried about gas prices now that a number of states have prices over $4 a gallon. Because high gas prices agitate voters, the White House is in discussion with Venezuela again to get Maduro to agree to run “free elections” in return for removing oil sanctions that would put more […]
California, the seventh-largest U.S. oil producer, has put a near halt on issuing permits for new oil and gas drilling this year. The state’s Geologic Energy Management Division has approved seven new active drilling well permits in the first half of 2023, which compares with over 200 it had issued by this time last year. The […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the latest “rebrand” for the green movement, Biden’s most recent moves against domestic energy and mineral production, and some fun headlines from a busy week in Washington. Links: Renewable Energy Still King of Pork No New Drilling: The Courts Overruled Me Biden: […]
The Interior Department’s Bureau of Land Management (BLM) has proposed increasing royalty rates for oil and natural gas drilling on federal lands from 12.5 percent to 16.67 percent—about a third higher–and raising the minimum bond paid upon purchasing an individual drilling lease from $10,000 to $150,000. To top it off, they propose raising the minimum bond required […]
Joe Biden and congressional Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since Biden took office, his administration and Congressional Democrats have taken over 150 actions deliberately designed to make it harder to produce energy here in America. A list of those actions appears below. A […]