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Has anyone told President Biden that fossil fuels made up 82 percent of the world’s energy and 79 percent of U.S. energy in 2021? Has anyone told him that Europe is using more coal because Russia is reducing its natural gas supplies to Europe? Has anyone told him that Europe’s energy crisis first started with low […]
President Biden wrote an op-ed in the Washington Post to stress that he isn’t going to beg for oil. In fact, the op-ed hardly mentions energy at all. The Biden White House, however, has begged OPEC+ for more oil for the last year, the high price of gasoline is the number one issue for likely voters, and voters are […]
It is not enough that China is buying Russian oil at a discount due to western sanctions put on Russia because of its invasion of Ukraine, but now President Biden’s Department of Energy is selling China oil from the U.S. Strategic Petroleum Reserve (SPR)—a source that is meant for national emergencies that Biden has been […]
As talks intensify on the once ambitious “Build Back Better” reconciliation measure, the conversation has shifted towards how to pay for a slimmer, but no less disruptive package of subsidies for wind, solar, electric vehicles, and other non-energy related measures. The Democrats would be satisfied to raise corporate taxes. Some in the business community, however, […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna disscuss President Biden’s “secret plan” to defeat inflation and other headlines from this week. Links: One year ago today, Joe Biden held one of the most embarrassing press conferences in American history, claiming it was “highly unlikely” the Taliban would take over Afghanistan. […]
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 […]
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. […]
Over a dozen battery storage projects that were meant to support intermittent renewable energy supplies have been postponed, canceled or renegotiated due to labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry. The delays, ranging from several months to a year, are in a number of states including California, Hawaii and […]
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 […]
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. […]