On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss Joe Biden going back on his campaign promise on raising taxes and a granular breakdown of the Schumer/Manchin "climate" bill.

Links:

• Coal associations: "This legislation is so egregious, it leaves those of us that call Senator Manchin a friend, shocked and disheartened."
• Letter from State Coal Associations
• Schumer-Manchin: A terror unleashed
• Joe Manchin’s Economy-Wrecking Inflation and Tax Increase Act
• ...

The Manchin/Schumer ”Inflation Reduction Act“ keeps and extends the $7,500 tax credit on electric vehicles  and removes the numerical cap but there are a number of stipulations related to obtaining the full credit, one of which is where the battery materials are made. To qualify for $3,750 of the credit, an increasing share of a vehicle’s battery minerals such as lithium and nickel must be extracted or processed in the United States or in a country with which the United States has a...

The American Energy Alliance urges all Senators to support S.J. Res. 55, the Congressional Review Act resolution of disapproval for the Council on Environmental Quality revisions to implementation rules for the National Environmental Policy Act.

Construction of infrastructure of all types takes far too long, and costs far too much, in the United States. One of the primary reasons for this excessive time and expense is the tangled mess of the NEPA review process. This costly and lengthy...

The Federal government has already spent well over $100 billion on renewable credits for electricity production since their enactment three decades ago, and the “Inflation Reduction Act” will cost taxpayers another $98 billion . The proposed bill is full of incentives for renewable energy technologies, chief among an extension of wind and solar tax credits significantly increasing subsidies for them, provided additional criteria are met during construction. It also offers new tax credits...

Last week, the day before the latest GDP data release showed the US economy tipped into recession in the first half of 2022, Senators Joe Manchin and Chuck Schumer announced a deal on a legislative package to be passed through the budget reconciliation process. That process allows the Senate to pass certain types of legislation with a simple majority vote, meaning that Democrats alone can pass partisan priorities. This deal represents an about-face from Manchin, given that just a couple of...

On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss shifting definitions, Joe Manchin's betrayal of West Virginia, and get into just how much damage the recent Senate bills could do to American families.

Links:

• Wind Fail: 20 Quotes for 30 Years of False Hopes
• Manchin’s and Schumer’s “Inflation Reduction Act of 2022”

Inflation and demand destruction have slashed gasoline demand to the point that gasoline prices have dropped radically from their $5.016 a gallon high. AAA reported  that as of July 26, gasoline prices in the United States were averaging $4.327 per gallon, which is still 37 percent higher than a year ago and over 70 percent higher than when President Biden took office.  Driving those lower prices that President Biden wants to take credit for is primarily demand destruction, which refers...

Europeans are learning slowly. The Nord Stream 1 scare that Russia would not restart natural gas flowing in the pipeline after its planned annual maintenance has put Europeans, and particularly Germans who heat half their homes with gas and use it for electricity generation and in critical industrial applications, on edge. Russia is clearly using natural gas as a weapon due to the European Union’s military involvement and issuing sanctions against Russia due to its invasion of Ukraine....

With one-third of the United States sweltering under severe summer heat warnings, President Biden is doing nothing to ensure adequate electricity capacity and sufficient natural gas and coal availability to keep generators operating under the large demand for air conditioning. Texas, with the largest wind capacity among the U.S. states, is calling for energy conservation to avoid rolling blackouts  as wind resources have dropped due to the intense heat. Instead, Biden is considering...

On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss recent events at the White House, insights from the latest public opinion polls, and more.

• For first time ever, Europe imported more natural gas from US than Russia.
• Biden Approval Hits New Low
• Celebrating 40 years at The Washington Times
• Democrat Mayors Of NYC, DC Complain About Influx Of Illegal Immigrants
• BlackRock Is Breaking the Wrong Kind of Records