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Senator Joe Manchin, Chairman of the Senate Energy and Natural Resources Committee, is not happy about how his wording in the Inflation Reduction Act is being interpreted by President Biden’s Department of the Treasury. Treasury’s proposal allows a much wider claim on the electric vehicle tax credit than he says he intended. The Treasury Department […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the prospects for major banking institutions in the face of government meddling, the moving goalposts of the anti-stove agenda, and where the latest trillions in government spending have all gone. Links: IRA: $1.2 trillion WSJ: EV Unit will lose $3B Randy Johnson […]
The U.S. House of Representatives released its energy bill, H.R. 1, the Lower Energy Costs Act which will increase the production and export of American energy and reduce the regulatory burdens that make it harder to build major infrastructure in the United States through comprehensive permitting reform. The Lower Energy Costs Act will also expedite critical mineral […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the Biden administration’s monetary policy and its impact on the price of energy and everything else. Links: AEA to Congress: Just Say No to President Biden’s Reckless Budget Proposal Biden Blocks ‘West Virginia Sized’ Piece of Alaskan Land From Development American Energy […]
President Biden’s oil and gas offshore lease plan is late and will be even later as the Interior Department argues it needs until December to finalize the plan. It told a court it needs the rest of the year to complete an analysis on the delayed five-year program, which will replace the expired 2017-2022 program. There […]
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 American Energy Alliance · #121: […]
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 […]
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 […]
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 […]
On February 7, 2023, in his state of the union address, President Joe Biden stated, “Here at home, gas prices are down $1.50 a gallon since their peak.” While the statement is true, he fails to indicate that they are still almost a dollar higher than when he took office on January 20, 2021. And according […]