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On Monday, a group of 11 U.S. Senators wrote a letter to President Biden complaining about the high price of gasoline. Like the Secretary of Energy, these Senators get some basic facts wrong about the oil market in the United States and around the world. In this case, the Senators are wrong because the United […]
From the Permian Basin on July 29, President Trump proudly recounted his best energy decisions and the achievements of industry that have followed. His highlights included: Withdrawal from the Paris Agreement Cancellation of the Clean Power Plan Approval of Keystone XL and Dakota Access pipelines Opening up of ANWR Ending the moratorium on coal leasing […]
Congress has until the end of June to decide whether to reauthorize the Export-Import Bank, the official credit export agency of the U.S. government. While the bank’s stated mission “is to ensure that U.S. companies—large and small—have access to the financing they need to turn export opportunities into sales,” Ex-Im has gained a reputation for […]
A recent WSJ article explained how the ethanol mandate is leading to a “blend wall” that paradoxically leads U.S. refiners to export their gasoline, raising pump prices at home. This is just another fantastic example of government policies having unintended consequences. Before looking at just how serious the problem is, let’s set the context by […]
