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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 – […]