Energy

The Inflation Reduction Act is now the climate and tax bill because politicians no longer can claim that it reduces inflation.

While the wealthy G7 countries admonish the world’s poor to use only renewables because of climate concerns, Europe and the United States are begging Arab nations to expand oil production.

It’s great to see the White House recognize that increased oil production leads to lower prices.  Their math, shows that increased domestic oil production has saved $2 trillion since 2008 and currently about $2 a gallon at the pump.

Senator Joe Manchin, in a 180-degree about-face, agreed on a slimmed-down version of President Joe Biden’s Build Back Better bill that will increase corporate taxes; provide tax credits, grants and incentives to politically correct “clean” energy technologies such as wind, solar and electric vehicles; and seek to reduce greenhouse gas emissions, among other Green New Deal and climate initiatives.

The demands that Federal Energy Regulatory Commission (FERC) is placing on pipeline developers is significant and with no timeline, the uncertainty created is delaying new projects that are needed for both export and domestic purposes at a time when the administration is using every tool in its “whole of government” approach to make domestic energy harder to finance, produce, transport and consume.

After thwarting the oil industry by banning pipelines and new oil and gas leases after his inauguration, Biden’s recent proposals are watered-down varieties of the failed policies that created the multiple gas crises that rocked the nation in the 1970s.

It is not enough that China is buying Russian oil at a discount due to western sanctions put on Russia because of its invasion of Ukraine, but now President Biden’s Department of Energy is selling China oil from the U.S. Strategic Petroleum Reserve (SPR).

Contrary to the dominant narrative, abandoning fossil fuels would turn the global energy crisis into a true human catastrophe.

Chevron CEO Mike Wirth does not expect another oil refinery to be built in the United States ever again, due to federal government policies.

Despite the United States having vast uranium resources, more than 90 percent of the uranium used in the United States is imported. Further, the United States no longer has an operating enrichment plant. As a result, the U.S. relies on Russia and its allies Kazakhstan and Uzbekistan for almost 50 percent of its enriched uranium needs.

Biden’s attempt to double renewable capacity on federal lands may fail due to his over-zealous actions to stop new oil and gas development.

we have deep and abiding question marks surrounding how much harm we can credibly attribute to each ton of greenhouse gas emissions.

“In the first three years, it worked well and people were using it. But after three years the batteries were exhausted and it was never repaired.”

The consequences of massively building wind turbines and solar panels, while forcing the closure of fully-operational power plants burning coal, oil and natural gas is dire.

Under the Trump administration, the United States became energy independent—a goal that U.S. governments wanted to reach for decades. The Biden administration’s anti-oil and gas policies are undoing these gains.

Press Secretary Jen Psaki did as good a job as she could do to spin the Biden administration’s anti-energy agenda.

Biden’s anti-oil and gas policies are causing energy prices to soar, harming consumers and aiding Putin to take advantage of Ukraine.

Natural gas prices have escalated because of President Biden’s anti-oil and gas policies that are limiting pipeline infrastructure and increased production on federal lands, while the promise of pending regulatory actions add uncertainty to investments.

Due to Biden’s anti-oil actions, the United States is no longer energy independent and Russia is now vying with Mexico as the number 2 supplier of oil imports to the United States.

The hypocrisy of that move is almost laughable given that it is President Biden’s energy policies that are causing the high gasoline prices

There is an alternative strategy for businesses to deal with climate change: one that is based on facts and human wellbeing (as opposed to no human impact on the planet) as the standard.

The United States, like Europe, is in the process of unilaterally disarming itself in terms of its energy and economic security.

Going carbon-free will be difficult without the U.S.’s largest source of carbon-free electricity: nuclear energy.

Germany’s similar experiment with an energy transition has been going on much longer than the time period under President Biden’s proposal, and that has led to skyrocketing electricity prices for residential users equal to three times what Americans pay.

This new proposed natural gas tax is a punitive tax designed to artificially raise the price of natural gas.

Alex Epstein’s testimony for a hearing by the House Natural Resources Committee on May 19, 2021.

It’s particularly absurd that Earth Day’s activists rarely mention the form of energy that could most quickly reduce greenhouse gases: nuclear power.

Philosophy, not only economics and political economy, matters in the global warming/climate change debate. Start by checking your premises—and those of your intellectual opponents.

The Canadian government’s net-zero 2050 plan has been aptly criticized for not being feasible because it ignores reality: the lack of necessary technology and the increasing demand for affordable and reliable energy in developing countries around the world.

Without fossil fuels, much of the world would freeze in the dark. We just don’t yet have enough alternatives.

Pandemic or not, the dream of abandoning fossil fuels is just a dream—a suicidal one

With climate alarmism and “extinction” protests now in the mainstream, it is no wonder that most people consider the alleged man-made catastrophic climate change an established fact, and advocate curtailing carbon “pollution” or even banning fossil fuels altogether.