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Rep. Ro Khanna, a Democrat from California, has been putting pressure on domestic oil companies to lower production for months. In October he was interrogating oil CEO’s about why they were increasing production as their ‘European Counterparts’ were lowering their own—seemingly a moral good in Rep. Khanna’s eyes. Now that gas prices in his state […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna recap events in Ukraine from this week, Raskin’s nomination, and the White House’s response to high oil prices. Links: Kyiv Correspondent Jam Waterhouse tells #BBCBreakfast authorities in Mariupol say a bomb shelter in a theatre protecting hundreds of men, women and children, withstood […]
Biden’s campaign promise: “No more subsidies for the fossil fuel industry. No more drilling including offshore. No ability for the oil industry to continue to drill period. It ends.” That President Biden is now asking the U.S. oil industry to produce more is ironic after taking steps to do just the opposite. Further, he has little understanding […]
With sky-high inflation reminding people of the economic malaise of the Carter years, it appears that some Members of Congress are actually looking back fondly on those times and are actively trying to relive those days. The latest bad idea that Congress is trying to revive is a new tax on oil profits modeled after the […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Biden’s attempts at deflecting blame for run-away inflation and the future prospects of the so-called “energy-transition” movement. Links: Tom Pyle to Congress: Government Energy Mandates Raising Prices Tom’s written testimony submitted to Congress AEA Public Survey Data The Biden administration continues to […]
When asked by a news correspondent this month if President Biden intended to reverse course and reinstate pro-America energy policies, White House Press Secretary Jen Psaki responded that there are 9,000 approved oil leases that the oil companies are not tapping into currently. But, as American Petroleum Institute President and CEO Mike Sommers indicates, her statement […]
A survey conducted by Morning Consult found 90 percent of U.S. voters favor domestic energy development over foreign imports. In addition, more than 80 percent of respondents said they believed domestic oil and natural gas production would boost energy security for the United States and its allies, reduce energy costs, and help preserve U.S. leadership in times of uncertainty. […]
The Biden administration does not like U.S. energy production. That is the inescapable conclusion from their actions over the past year. Last summer they called on OPEC + (the most important part of the “plus” is Russia) to increase oil production. Recently, reports are that they are trying to get a deal with Iran that would put Iranian […]
For the last fifty years, with one notable exception, U.S. presidents have used their State of the Union Address to push for expensive, unreliable, and politically motivated sources of energy. This year it is likely Joe Biden will return to this trend in his address to the nation and champion his so-called “Build Back Better” agenda which would […]
“It is past time to give American consumers a break. American energy workers deserve a chance to go to work and provide the energy we need to restore the nation to its potential and its position in the world. Mr. President, you need to reverse your war on American energy.” – Tom Pyle, AEA President […]