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President Biden’s Department of Interior released its draft offshore lease plan late on July 1—just before the Fourth of July holiday, as American families were paying historically-high gasoline prices for their travels. The plan is required by law and a final plan was due by June 30, when the current plan ended. The draft plan lays out […]
Russian natural gas supply to Europe via the Nord Stream 1 pipeline capacity fell to 40 percent recently as Russia cut flows awaiting the return of equipment sent to Canada for repair and warns that more delays in repairs could lead to cutting all flows, putting additional strain on Europe’s ability to refill its natural gas inventories […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss Team Biden’s latest ideas on how to tackle inflation, energy prices, and the crisis in Europe, as well as the latest round of decisions from the Supreme court. Links: High fossil fuel prices are good for the planet – here’s how to […]
The Energy Information Administration (EIA) forecasts that nine new fields will come online in the deep waters of the Gulf of Mexico this year, which will account for 5 percent of natural gas production and 14 percent of oil production in U.S. federal Gulf of Mexico waters by the end of 2023. However, EIA expects that […]
Monday, June 27, AEA president Tom Pyle joined Stuart Varney on Fox Business to discuss the Biden administration’s refusal to embrace energy realism. Watch the video below to see Tom call out Biden for chasing the “green dream” even while scaring away investments in reliable, affordable sources of energy. Follow Tom on Twitter for his […]
President Biden is grasping at straws to reduce gasoline prices because he refuses to let the American people have access to oil and gas on their lands or modify regulations to encourage new refineries to be built. Instead, he has asked Congress to pass a gasoline tax holiday lifting the 18.4 cent federal tax on a […]
Americans need real regulatory reform, not empty gestures. WASHINGTON DC (06/22/2022) – Earlier today, President Joe Biden called for temporarily suspending the federal gasoline tax, asking lawmakers to pass a three-month pause on the federal 18-percent-per-gallon tax. This continues his administration’s routine of offering empty gestures to Americans who are struggling with record-high energy prices. […]
China is surpassing the United States this year as the world’s largest refiner as government climate goals and regulation cause U.S. refiners to close facilities. China is expected to have 18.81 million barrels per day of refining capacity while the United States has 17.7 million barrels per day of operating refinery capacity and about 0.4 million barrels per day […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the ever-expanding distance between the Biden administration’s talking points and reality. Plus see the return of a fan favorite: “By The Numbers.” Links: Bad News, America: The Yankees Are Great Again Kevin O’Leary: Biden must “reverse the mistake[s]” he’s made on energy […]
Together, China and India are planning to increase their domestic coal production by a total of 700 million tons per year. That increase is about 100 million tons more than the total coal production expected in the United States this year of 600 million tons. U.S. coal production today is about half of its high in 2008 of 1.17 billion tons. […]