Thanks for joining the AEA efforts to help combat rising energy prices. We don’t want to bug you that often, so let us know what energy issues interest you, and we’ll keep your inbox happy.
Share this page:
The Organization of Petroleum Exporting Countries (OPEC) and fellow oil-producing allies (OPEC+) are back in the driver’s seat as U.S. shale oil is no longer the marginal fuel due to President Joe Biden’s anti-oil and gas policies. Brent oil jumped to $85 a barrel since members of OPEC+ including Russia announced production cuts of 1.16 million barrels per day on […]
Representative Khanna (CA-D) publicly called for energy producers to DECREASE domestic oil production last fall, now that gas prices are rising he loudly complains those same producers aren’t doing enough! Instead of working to unleash American energy Rep. Khanna is busy begging OPEC to bring down gas prices ahead of the midterms! Check out Rep. […]
Average U.S. gasoline prices hit $3.89 a gallon on October 17, up about 20 cents from a month ago, 56 cents higher than last year at this time, and $1.35 a gallon higher than when Biden took office on January 20, 2021. In March, gasoline prices hit $4 a gallon and then moved up to a record $5 a […]
At the Ministerial Meeting on October 5, OPEC Plus decided to cut oil production by 2 million barrels per day (2 percent of world oil demand) in November from “current baselines.” For October, the OPEC 10 production target is 26.689 million barrels per day, while the non-OPEC members of OPEC+ had a collective target of 17.165 million […]
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 […]
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 […]
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.” […]
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 […]
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 […]
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 […]