More Details From Biden's Oil Sale To China

  • 07/14/22
  • IER
  • Blog

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)—a source that is meant for national emergencies that Biden has been depleting since last November in hopes to lower gasoline prices that have been escalating due to his energy policies.

The SPR was established by the 1975 Energy...


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Democrats Are 'Working Like the Devil' to Raise Gas Prices

As talks intensify on the once ambitious “Build Back Better” reconciliation measure, the conversation has shifted towards how to pay for a slimmer, but no less disruptive package of subsidies for wind, solar, electric vehicles, and other non-energy related measures. The Democrats would be satisfied to raise corporate taxes.  Some in the business community, however, are rumored to be lobbying the Democrats to tax energy instead. Enter S. 2378, a proposal  by Senator Chris Coons (D-DE) to...


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Setting The Story Straight On Energy

  • 07/07/22
  • AEA
  • Blog

The Biden administration has recently called on America's natural gas and oil companies to invest billions of dollars into increasing production, BUT at the same time, President Biden and his cronies are promising to run them out of business in the next few years!

It's time for Biden to get his story straight on American energy production.

https://www.youtube.com/watch?v=juNdZYwScbc

Use the tools below to send a message to the White House demanding Biden abandon his failed...


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Biden Buries Restrictive Lease Plan Under Holiday Weekend

  • 07/06/22
  • IER
  • Blog

President Biden’s Department of Interior released its draft offshore lease plan late on  July 1—just before the Fourth of July holiday, as American families were paying historically-high gasoline prices for their travels.  The plan is required by law and a final plan was due by June 30, when the current plan ended. The draft plan lays out several options for public input regarding the number of offshore oil and gas lease sales that should be held over the next five years, ranging from ...


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Will America Learn From Europe's Energy Failures?

  • 07/01/22
  • IER
  • Blog

Russian natural gas supply to Europe via the Nord Stream 1 pipeline capacity fell to 40 percent recently as Russia cut flows awaiting the return of equipment sent to Canada for repair and warns that more delays in repairs could lead to cutting all flows, putting additional strain on Europe’s ability to refill its natural gas inventories and raising prices by 40 percent . Gazprom, the state-controlled gas company, indicated that Western sanctions made it impossible to secure the return...


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Biden Works To Cut Off Domestic Energy Supplies Even As Court-Mandated Lease Sales Begin

  • 06/29/22
  • IER
  • Blog

The Energy Information Administration (EIA) forecasts that nine new fields will come online in the deep waters of the Gulf of Mexico this year, which will account for 5 percent of natural gas production and 14 percent of oil production in U.S. federal Gulf of Mexico waters by the end of 2023 . However, EIA expects that the additional capacity from these new fields will not sustain oil production at levels similar to the end of 2021 in offshore fields. According to EIA, declining production...


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Even After Russian Invasion, Biden Slow Walks Lease Sales

  • 06/27/22
  • IER
  • Blog

Between August 2021 and February 2022, President Biden’s Bureau of Land Management’s approval of drilling permits was low, averaging about 200 per month. After Russia invaded Ukraine, however, the approvals picked up with 473 approved in March and 357 approved in April. Those approvals were still much less than the 600+ approved in April and May 2021. And, there is still a large number of pending permits: over 4,400. Biden’s call on U.S. oil and gas producers to drill more — and his...


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Biden "In Denial" With Energy Crisis, Tom Pyle on Varney & Co.

  • 06/27/22
  • AEA
  • Blog

Monday, June 27, AEA president Tom Pyle joined Stuart Varney on Fox Business to discuss the Biden administration's refusal to embrace energy realism. Watch the video below to see Tom call out Biden for chasing the "green dream" even while scaring away investments in reliable, affordable sources of energy.


Follow Tom on Twitter for his latest on America's energy policy.


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Biden's Holiday From Reality

  • 06/23/22
  • IER
  • Blog

President Biden is grasping at straws to reduce gasoline prices because he refuses to let the American people have access to oil and gas on their lands or modify regulations to encourage new refineries to be built. Instead, he has asked Congress to pass a gasoline tax holiday lifting the 18.4 cent federal tax on a gallon of gasoline and the 24.4 cent tax on a gallon of diesel  through the end of September, which he hopes will make Americans vote for his favored people this November. Biden...


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Supply Chain Woes Pour Cold Water On Biden's Green Dreams

  • 06/21/22
  • IER
  • Blog

Over a dozen battery storage projects  that were meant to support intermittent renewable energy supplies have been postponed, canceled or renegotiated due to labor and transport bottlenecks, soaring minerals prices, and competition from the electric vehicle industry. The delays, ranging from several months to a year, are in a number of states including California, Hawaii and Georgia, with battery providers Tesla and Fluence warning of disruptions to supply. The battery projects are needed to...


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