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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 gallon in June. According to the White House, it plans to take action to prevent those high prices from occurring again. As the mid-term election approaches, the Biden administration is reportedly...

This week the American Energy Alliance released its American Energy Scorecard for the United States Senate.  The AEA scorecard scores voting and co-sponsorship decisions on legislation affecting energy and environmental policy, educating voters on how their senators vote and holding members accountable for those decisions.  This year’s Senate scorecard compiles 28 votes and 1 co-sponsorship decision from the full 6-year terms of the Senators up for reelection in 2022. Six Senators...

This week the American Energy Alliance released its American Energy Scorecard for the House of Representatives. The AEA scorecard scores voting and co-sponsorship decisions on legislation affecting energy and environmental policy, educating voters on how their representatives vote and holding members accountable for those decisions. This year’s scorecard compiles 7 votes from the 117^th Congress. 177 House members achieved a 100% score.

The American Energy Scorecard is guided by the...

Florida made the right decision on the high-speed rail project proposed during the Obama administration. Floridians can thank then-Governor Rick Scott for nixing the project. California, however, is in the opposite situation. The bullet train project that was supposed to connect Los Angeles and San Francisco is a $1 trillion  fiasco, if it should ever get completed. The ambitious project has become encumbered by political horse-trading, unrealistic cost estimates, flawed engineering and 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 barrels per day . Because the group has failed to meet those targets, the actual realized production cut will be less than the 2 million barrel per day...

President Biden must be living a life of luxury and seclusion because he has no concept of how gasoline prices are set, what the demand is, and how much oil production and refinery capacity are needed to meet it.  He is back to accusing oil companies of price gouging should gasoline prices go up. Biden said  that the hurricane “provides no excuse for price increases at the pump” and if it happens, he will ask federal officials to determine ”whether price gouging is going on.”   The...

Solar power is to be the savior of President Biden’s climate agenda, being the “green” resource of choice. However, solar power has a number of unfavorable issues that limits its ability to become the savior that the Biden Administration wants. They include:

• Solar is an intermittent technology that provides no power when the sun does not shine, meaning it must be backed up by another generating source or by a battery that was supplied with electricity if and when excess power is...

Despite Biden saying he is doing all he can to increase domestic oil production, his numerous actions beginning on his first day in office show the opposite. Clearly, his climate/tax bill (the so-called Inflation Reduction Act) hits the domestic oil industry in the back with massive fees and royalty increases. Even production on non-federal lands gets hit with a methane tax of up to $1500 per ton.

His latest move is to finalize a rule banning oil and gas leasing near a Native American...

Power prices are expected to increase as the price of natural gas—the swing fuel for electric generation—increases to meet domestic and international demand. The Energy Information Administration (EIA) expects the natural gas price at the Henry Hub to average $9 per million Btu in the 4th quarter of 2022 and the residential electricity price to average 14.75 cents per kilowatt-hour in 2022, up 7.5 percent from 2021 and 12.2 percent from 2020. The  U.S. consumer-price index for...

The so-called Inflation Reduction Act contains new, very favorable incentives to attract additional investments in wind and solar power of over $270 billion in the next eight years for 155 gigawatts  of new wind and solar capacity. The new law is expected to trigger 85 gigawatts of new onshore wind capacity by 2030, with total onshore wind capacity reaching nearly 280 gigawatts by the end of the decade from about 140 gigawatts expected by the end of this year. The additional investment in...