Biden Rolls Back Another Trump Era Reform
- 06/09/22
- IER
- Blog
President Biden’s Environmental Protection Agency (EPA) proposes to restore authority to states and tribes under Section 401 of the Clean Water Act to veto gas pipelines, coal terminals and other energy projects, reversing a Trump administration rule that had curtailed that power. Prior to 2020, the Clean Water Act gave states and tribes the ability to review federal permits for industrial facilities and block projects that they said might affect water quality within their borders....
Continue Reading...
Biden Weaponizes EPA To Attack Miners & Make Ensure Dependency On China
- 06/08/22
- IER
- Blog
The Pebble copper and gold mine, 100 miles from Bristol Bay, Alaska, is being dealt a death blow by President Biden’s Environmental Protection Agency (EPA). Citing its authority under the 1972 Clean Water Act, EPA proposed a legal determination that would ban the disposal of mining waste rock in the Bristol Bay watershed. The proposal would create permanent protections for the waters and wildlife of Bristol Bay—about 200 miles southwest of Anchorage. It would prohibit disposing...
Continue Reading...
Biden's Latest PR Stunt Only Worsens Gas Prices
- 06/06/22
- IER
- Blog
Both oil and gasoline prices increased after each and every time President Biden announced the release of oil from the Strategic Petroleum Reserve. Biden clearly does not understand the oil industry, as his actions have resulted in price increases rather than the decreases he predicted. He continually blames the increases on everyone else but his administration is following his own executive orders. By now, it would seem he would realize that he needs expertise from someone knowledgeable...
Continue Reading...
Supply Chain Reality Crashes Biden's EV Agenda
- 06/03/22
- IER
- Blog
Automakers are raising prices on their electric vehicles due to rising commodity costs, specifically for key materials needed for EV batteries. According to the International Energy Agency, while battery costs have been declining for a decade, EV battery costs are expected to increase 14 percent this year to $150 per kilowatt hour. Another firm expects the demand for battery minerals over the next four years to increase the price of EV battery cells by more than 20 percent on top of ...
Continue Reading...
Will Europe Learn From Its Most Recent Energy Crisis?
- 06/02/22
- IER
- Blog
Did Vladimir Putin awaken the West from its dangerous and reckless sprint to renewable energy? Are they realizing that the world needs all forms of energy? Diversity of supply was once an important message for energy security, but diversity of supply no longer is mentioned. However, some overtures seem to be baby steps in the right direction:
- U.S. LNG exports are gaining American interest,
- Europe is talking about drilling in the North Sea,
- California may keep its Diablo Canyon nuclear...
Continue Reading...
Biden Ignores Real Problems Driving High Gas Prices
- 05/31/22
- IER
- Blog
The White House is looking at issuing an emergency declaration that would empower President Joe Biden to release diesel from the federal Northeast Home Heating Oil Reserve to address diesel shortages on the east coast. The release, however, would provide limited, short-term relief since the reserve only contains 1 million barrels of fuel. Further, it is reminiscent of Biden’s much larger release from the strategic petroleum reserve where oil prices only declined for a very short period....
Continue Reading...
100 Ways Biden and the Democrats Have Made it Harder to Produce Oil & Gas
- 05/26/22
- Thomas Pyle
- Blog
Joe Biden and the leadership of the Democratic party have a plan for American energy: make it harder to produce and more expensive to purchase. Since Biden took office, his administration and Congressional Democrats have taken over 100 actions deliberately designed to make it harder to produce energy here in America.
32 of these anti-energy proclamations were enacted after the Russian invasion of Ukraine, which Biden regularly touts as an excuse for rising gas prices.
This is exactly...
Continue Reading...
Gas Rationing To Return This Summer?
- 05/25/22
- IER
- Blog
Petroleum product shortages may be ahead as motorists, truck drivers, farmers and airlines are grappling with increasing demand for gasoline, diesel and jet fuel. Despite refiners focusing on diesel in lieu of gasoline this spring, a global diesel shortage is looming. Refiners are planning to spend the summer increasing jet fuel and diesel production instead of gasoline because refining oil into diesel or jet fuel is currently more profitable than making gasoline despite those fuels...
Continue Reading...
Biden Sends Tax Dollars Abroad While Shutting Down Mines At Home
- 05/24/22
- IER
- Blog
President Biden and his administration do not want to mine American-owned minerals on public lands . Rather, Biden wants to use American taxpayer funds. The Department of Defense asked Congress to let it fund facilities in these countries that process strategic minerals used to make electric vehicles and weapons. Existing law does not allow Defense Production Act funds from being used to dig new mines, but they can be used for processing equipment, feasibility studies and “upgrades” to...
Continue Reading...
Get Ready For Biden's Blackouts
- 05/20/22
- IER
- Blog
Americans can expect to see electricity shortages this summer as traditional power plants are being retired more quickly than they can be replaced by renewable energy and their required battery storage, the electric grid’s independent system operators warn. Power grids are straining as conventional power plants fueled by coal and nuclear are being retired for intermittent forms of energy such as wind and solar power that need back up from traditional plants or from battery storage. Wind...
Continue Reading...