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The White House continues to try its best to distract Americans from the impact of their harmful energy policies. The White House understands that the public is unhappy with the price of gasoline and they are trying everything they can think of to blame somebody, anybody, but themselves. We have chronicled Secretary Granholm’s desire to […]
Last week, Energy Secretary Jennifer Granholm erroneously claimed that “OPEC controls more than 50 percent of petroleum supply.” This week she was back on TV with new inaccurate claims. For example, on State of the Union on CNN, she erroneously claimed, “OPEC is a cartel, and it controls over 50 percent of the supply of gasoline.” […]
At every turn, President Biden has instituted policies to hurt the North American oil and gas industry, resulting in decreasing U.S. energy independence earned during the Trump Administration and benefiting oil-producing countries. Russia, for example, has become the number two oil importer to the United States, second only to Canada. Biden has also canceled the […]
Tom and Mike discuss Biden’s address to Congress. Links: • Epicurious is cutting out beef • Length of Presidents first address to #JointSession of Congress • Goldman Sachs forecasts the biggest jump in oil demand ever • Brent crude climbing above $68.3 a barrel • Senate votes to nix Trump rule limiting methane regulation • […]
It’s springtime, and American families are enjoying the newfound strength in the U.S. economy to travel. As usual, gasoline prices are going up as governmental regulations require our refineries each spring to change the blend of their gasoline to meet federal edicts just at the time of increased demand. It doesn’t help that the Socialist […]
With all the discussion in the media about OPEC, about the Saudis and the Russians, and about the relationship between oil prices and the stock market, there seems to be no discussion about the elephant in the room. The real reason we have low oil prices today is because since 2008, U.S. oil producers – […]