No, Senators, the United States Is Not Currently a Net Oil Exporting Country
- 11/10/21
- AEA
- Blog
On Monday, a group of 11 U.S. Senators wrote a letter to President Biden complaining about the high price of gasoline. Like the Secretary of Energy, these Senators get some basic facts wrong about the oil market in the United States and around the world. In this case, the Senators are wrong because the United States has been a net oil importer this year.
The Senators correctly note that high prices burden families. They write:
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When Will Secretary Granholm Stop Lying About OPEC?
- 11/09/21
- IER
- Blog
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.” She also stated that “OPEC is controlling the agenda with respect to oil prices.” While the United States it the world’s largest oil producer and...
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An Infrastructure “Win” That No One Needed
- 11/09/21
- Kenny Stein
- Blog
Congratulations are in order on the passage of the so-called bipartisan infrastructure bill. Not to President Joe Biden, whose own priorities barely feature in the legislation, but to another Joe, the one from West Virginia (though we would be remiss if we didn’t also congratulate Senator Krysten Sinema, the Arizona Democrat who worked hard to attract GOP support for the bloated bill). The legislation, which finally passed the House months after passing the Senate, was really Senator Joe...
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Dems Propose Methane Tax to Fund Reckless Spending Bill
- 10/13/21
- Alexander Stevens
- Blog
One of the ways Democrats intend to pay for their reconciliation infrastructure bill is through the Methane Emissions Reduction Act of 2021, a proposed tax on methane emissions from natural gas and petroleum production. The tax would start at $1,800 per ton of emissions in 2023 with the potential direct cost of the tax to the economy being as high as $14.4 billion, increasing 5 percent above inflation annually.
This tax would most likely reduce oil and gas production in the U.S. at a...
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Key Vote NO on H.R. 3684
- 09/30/21
- AEA
- Blog
The American Energy Alliance urges all members to vote NO on H.R. 3684, the infrastructure bill as amended by the Senate.
This legislation is poor policy and a bad use of taxpayer resources. The subsidies for electric vehicles and charging are not the responsibility of the federal government. The tens of billions of dollars for unneeded and impractical passenger rail will only fuel more wasteful white elephants to accompany California's ongoing high-speed rail fiasco. The tens of...
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Key Vote NO on Nomination of Tracy Stone-Manning
- 09/29/21
- AEA
- Blog
The American Energy Alliance urges all Senators to oppose the nomination of Tracy Stone-Manning for director of the Bureau of Land Management.
Stone-Manning has a demonstrated history of environmental radicalism that is disqualifying for the role of BLM director. Her involvement in violent, criminal activism alone should be disqualifying. But beyond that incident Stone-Manning has established a clear track record of hostility towards the statutory multiple use of federal lands as...
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Biden and House Reconciliation Bill Writers are in La-La Land
- 09/21/21
- AEA
- Blog
President Biden’s climate policies and the House Democrats’ reconciliation bill will decimate U.S. energy industries along with millions of associated jobs while saddling consumers with skyrocketing prices and electricity blackouts. One only has to look at California and Europe to see that the goals of Biden’s climate policies and the reconciliation bill will eventually end up with the energy disaster Europe and California are experiencing. And, it will cost businesses and taxpayers...
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All the Energy That’s Fit to Subsidize
- 09/21/21
- AEA
- Blog
This past week House Democrats passed their budget reconciliation bills in the various Committees. So far these bills are 100 percent partisan as no Republicans in any Committee has voted for them. Next, the House Budget Committee will take the various provisions and combine them into a reconciliation bill to send to the Senate. This is moving quickly because House Democrats, along with the Administration, does not want any real oversight of the trillions of dollars they want to spend. ...
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Pelosi's Plan To Pick Your Pocket Via Reconciliation
- 09/17/21
- IER
- Blog
A significant part of the reconciliation bill is the “Clean Electricity Performance Plan” that is intended to increase the amount of “clean power” produced. The provision was in part drafted by outside interests including a professor from University of California, Santa Barbara. The House is considering a target of 80 percent “clean power” by 2030, which would be a significant increase from the current 40 percent “clean energy” output from renewable and nuclear energy, but...
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House Democrats Plan to Pay Wind Industry Nearly 10 Times Value of their Electricity
- 09/15/21
- AEA
- Blog
Nine years ago, the wind industry agreed to a six-year phase out of the wind production tax credit . At the time, the wind industry told reporters that they needed 4-6 years to achieve subsidy-free competitiveness. But now the wind industry, other renewable electricity generators, and their financial backers on Wall Street, are back supporting the House Democrats plan to transfer billions of dollars from hard-working taxpayers to Wall Street bankers by laundering it through renewable energy...
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