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Without water and electricity for a week or more, residents in Southwest Florida felt like they were in a war zone. Despite waiting for hours for a fill-up or to obtain gas for generators, motorists were thankful they had an internal combustion engine vehicle because electric vehicle owners without power could not charge their vehicles […]
Average U.S. gasoline prices hit $3.89 a gallon on October 17, up about 20 cents from a month ago, 56 cents higher than last year at this time, and $1.35 a gallon higher than when Biden took office on January 20, 2021. In March, gasoline prices hit $4 a gallon and then moved up to a record $5 a […]
Florida made the right decision on the high-speed rail project proposed during the Obama administration. Floridians can thank then-Governor Rick Scott for nixing the project. California, however, is in the opposite situation. The bullet train project that was supposed to connect Los Angeles and San Francisco is a $1 trillion fiasco, if it should ever get completed. The […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the tottering Biden administration, the tremendous failure of the Manchin permitting “reform” bill, and prospects for the next Congress. Links: Zycher’s Letter to the Editor Friday, 9/30 Jamie Dimon: “That would be the road to Hell for America” Former Obama economist Larry […]
President Biden must be living a life of luxury and seclusion because he has no concept of how gasoline prices are set, what the demand is, and how much oil production and refinery capacity are needed to meet it. He is back to accusing oil companies of price gouging should gasoline prices go up. Biden said that […]
Solar power is to be the savior of President Biden’s climate agenda, being the “green” resource of choice. However, solar power has a number of unfavorable issues that limits its ability to become the savior that the Biden Administration wants. They include: Solar is an intermittent technology that provides no power when the sun does […]
Despite Biden saying he is doing all he can to increase domestic oil production, his numerous actions beginning on his first day in office show the opposite. Clearly, his climate/tax bill (the so-called Inflation Reduction Act) hits the domestic oil industry in the back with massive fees and royalty increases. Even production on non-federal lands gets hit with […]
Power prices are expected to increase as the price of natural gas—the swing fuel for electric generation—increases to meet domestic and international demand. The Energy Information Administration (EIA) expects the natural gas price at the Henry Hub to average $9 per million Btu in the 4th quarter of 2022 and the residential electricity price to average 14.75 cents […]
The so-called Inflation Reduction Act contains new, very favorable incentives to attract additional investments in wind and solar power of over $270 billion in the next eight years for 155 gigawatts of new wind and solar capacity. The new law is expected to trigger 85 gigawatts of new onshore wind capacity by 2030, with total onshore wind capacity reaching […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss recent headlines and what reforms are needed for energy permitting versus what is likely in the Manchin reform bill with guest Mandy Gunasekara. Links: Karen Bass LA Mayoral Candidate Burgled Word Salad of the Day Follow Mandy Gunasekara on Twitter More from […]