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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In the Pipeline: 5/28/13

Here’s the thing. Even if Congress passed us a law that gave us cash to become tall and good-looking, we would still remain balding, overfed, leaping gnomes. So it is with physics. The federal government can’t just incentivize things into existence. The Atlantic (5/26/13) reports: “Electric car infrastructure company Better Place’s move to file bankruptcy today marks […]

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In the Pipeline: 10/22/12

You know, this isn’t really a story of overreach, misjudgment and disappointment.  It is a story about stupidity, corruption, and the nascent fascism of an ever-larger government.  Oh, it is also a story about complacent and lazy media elites failing to do their jobs. NYTimes (10/18/12) reports: “The period around 2003 was the golden spring of green […]

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