Biden Abandons Israeli Pipeline In Favor Of Russian Gas Via Ukraine

President Biden is withdrawing U.S. support for the EastMed pipeline that would bring natural gas from Israel to the European continent. Europe is currently in an energy crisis with record prices for natural gas and electricity, potential rolling blackouts, low supplies of natural gas, millions of citizens in energy poverty and increasing coal consumption, which […]

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Liberal Legislators Kick the Dog

Last week 41 of the biggest energy-haters in Congress sent a letter to Richard Glick, chairman of the Federal Energy Regulatory Commission, caterwauling about high energy prices. Like the gassy wheezer who fouls the living-room air and then kicks the dog to shift the blame, this cabal of pipeline blockers and permit-revokers tries to shift […]

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When Will Secretary Granholm Stop Lying About OPEC?

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.” […]

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The Unregulated Podcast #52: Clueless or Lying?

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss OPEC+, JP Morgan’s energy paper, Europe’s energy crunch, China, and much, much more. Links: Vladimir Putin doesn’t let a crisis go to waste, and enjoys every chance to troll the European Commission Column: Asia’s energy crunch boosts coal and LNG, but threatens […]

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Biden Begs America’s Enemies For Oil While Attacking Domestic Producers

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 […]

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Biden Calls For More Foreign Oil While Attacking Domestic Producers

Last week OPEC+ talks on oil production quotas for member nations stalled and, as a result, oil prices rose. The Biden administration is somewhat concerned about the increase in oil prices and in response to the OPEC+ stalemate, a Biden administration spokesperson stated, “Administration officials have been engaged with relevant capitals to urge a compromise […]

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Hydraulic Fracturing is Bankrupting OPEC

The Energy Information Administration (EIA) is out with new numbers measuring the geopolitical impact of America’s domestic energy boom. As the following chart shows, revenues from net oil exports for the Organization of Petroleum Exporting Countries (OPEC) are expected to decline by 14 percent in 2014 and 46 percent next year compared to 2013 levels. […]

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Forty Years After the Oil Embargo

On October 16, 1973, the Arab members of the Organization of Petroleum Exporting Countries (OPEC) announced a decision to raise the price of oil by 70 percent a barrel, which was followed by an embargo on oil shipped to the United States, a five percent reduction in production from September’s levels, and ongoing production reductions […]

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In the Pipeline: 6/4/13

Let’s talk about energy subsidies (on Friday). Join us with the National Review for lunch and a “High Noon Debate” to talk about the energy subsidy experiment.  Greenpeace has given you permission to not feel guilty about climate change. You see, oil companies are using your honorable sense of personal responsibility as a weapon against your consciousness. (Heads up: this […]

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