President-elect Donald Trump recently named Chris Wright, CEO of Liberty Energy and founder of the Bettering Human Lives Foundation, as his choice for head of the Department of Energy. Chris Wright sat down for a discussion on the role of energy production in lifting humans out of poverty with the policy team at our sister organization, the Institute for Energy Research on the Plugged In Podcast.* The full episode is available below.

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• Donald Trump names fossil fuel executive...

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...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the priorities of Team Biden during their waning days in the White House and a few issues that remain outstanding after the election.

Links:

• Kamala's spending spree
• Bob Casey not calling it quits
• Is California getting more Republican?
• Travis Fisher: Nuke The IRA
• It's time for an energy and Natural Resources Committee
• First person fired in the Biden Administration

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...

WASHINGTON DC (11/12/24) – The Biden-Harris administration is poised to finalize a new methane emissions tax for U.S. oil and gas producers today.

The tax, mandated by President Joe Biden’s 2022 Inflation Reduction Act, was originally outlined but left to the Environmental Protection Agency to finalize. The finalized rule will impose a penalty of $900 per metric ton on methane emissions that exceed a government-set threshold.

AEA President Thomas Pyle issued the following...

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...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Trump's ascendency to the White House, what his victory means for the future of American energy, and the reactions his triumph has solicited from the usual suspects.

Links:

• Gavin Newsom “Special Session”
• ANWR, Source: Oil and Gas Journal
• LNG, Source: The Hill
• Raygun is retiring from professional breakdancing.
• Chatterjee talks to Trump
• Tweet of the week

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...

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...

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...