Biden-Harris Impose New Tax On American Oil & Gas
- 11/15/24
- AEA
- Blog
The Biden-Harris administration’s Environmental Protection Agency (EPA) has finalized a federal methane tax for oil and gas drilling operations, set to take effect next year. This rule is part of the broader Inflation Reduction Act , which was passed by Democrats and saw Vice President Harris casting the decisive vote. The new regulation imposes a fee on oil and gas producers who exceed a certain methane emission threshold by venting or flaring the gas rather than capturing it. While the...
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Biden Blames Birds For Backhanded Drilling Ban
- 11/13/24
- IER
- Blog
The Biden-Harris administration has proposed tighter restrictions on oil and gas drilling on federal land across more than 6,500 square miles in the West to supposedly protect a declining bird species—the Greater Sage Grouse—chicken-sized birds known for an elaborate mating ritual. The Biden-Harris Interior Department aims to strengthen protections for the sage grouse beyond the 2015 measures set by the Obama-Biden administration . Those earlier protections limited development across...
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New Mexico's Critical Role in U.S. Energy Production: Innovation, Regulation, and Threats to Growth
- 11/12/24
- AEA
- Blog
New Mexico plays a vital role in American energy production, providing a substantial amount of oil and gas from a comparatively smaller population than its neighbor, the number one oil-producing state, Texas. Accounting for an astounding 13.3% of all U.S. crude oil production in 2022, and increasing to an even 14% in 2023, due to further innovation in fracking, New Mexico consistently plays a key role in American oil and gas production holding about 13% of proved crude oil reserves in the...
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Biden Takes Parting Shot At Alaska
- 11/08/24
- IER
- Blog
Despite Donald Trump’s victory in the 2016 election and his campaign slogan “drill, baby, drill,” the Biden-Harris administration quickly acted to limit the scope of an oil-and-gas lease sale in Alaska’s Arctic National Wildlife Refuge (ANWR), which had been mandated under Trump’s leadership. In 2017, Trump signed the Tax Cuts and Jobs Act, which required at least two lease sales in ANWR’s 1.6 million-acre coastal plain by the end of 2024. The first of these lease sales took...
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Governor Gavin Plays Blame Game For California's Energy Nightmare
- 11/07/24
- IER
- Blog
California has the highest gasoline prices and one of the highest residential electricity prices in the nation due to its climate and energy policies. However, rather than own up to the real causes, California Governor Newsom is looking to camouflage the reality of his state’s policies, at least in the short term. Newsom wants to up the ethanol share in a gallon of gasoline from 10% to 15% to lower the gas price in order to compensate for future price increases from tightening the...
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Election 2024: Voters Become American Energy Champions
- 11/06/24
- Kenny Stein
- Blog
Last night’s election results sent a clear message to our elected officials - the American people want a return to economic growth driven by the affordable and reliable energy that powers every sector of our economy. In a clean sweep across the country, Americans affirmed their support for President Trump’s commitment to reversing the harmful regulations and subsidy programs that have stifled American energy production and served as obstacles to economic opportunity.
In the 2024...
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Kamala Harris and her Anti-Fossil Fuel Blueprint for America
- 11/01/24
- AEA
- Blog
With an already unapologetic track record of anti-fossil fuel rhetoric, having blatantly said and famously backtracked on the idea that the United States should ban hydraulic fracturing, or “fracking,” the American people should expect that any energy policies from a Harris presidency would result in higher energy prices across the board and a suicidal effort to eliminate fossil fuels - society’s most reliable and affordable energy resource.
A recent report from Bloomberg ...
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Political Parties and Energy: 2024 Edition
- 10/30/24
- Robert Bradley
- Blog
In the United States our federal politics consists largely of a two-party affair. In light of this, the American Energy Alliance has endorsed Donald Trump for president, as he represents the most likely path to unleashing American energy production.
There are, however, multiple choices on the Presidential ballot this year. To better understand the variety of viewpoints present in the national conversation on energy policy I have prepared a review of the candidates’ energy platforms....
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Rep. Yadira Caraveo is Out of Step With Her District
- 10/28/24
- AEA
- Blog
Last month, the American Energy Alliance released the 2024 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.
The scorecard is guided by principles such as:
- Promoting affordable, abundant, and reliable energy
- Expanding economic opportunity and...
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Rep. Matt Cartwright is Out of Step With His District
- 10/28/24
- AEA
- Blog
Last month, the American Energy Alliance released the 2024 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.
The scorecard is guided by principles such as:
- Promoting affordable, abundant, and reliable energy
- Expanding economic opportunity and...
Continue Reading...