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The House of Representatives and the Senate voted to overturn a Biden-era rule imposing progressively higher fees on oil and natural gas companies for excess methane emissions, advancing the bill to President Trump for his signature. The House vote was 220-206 and the Senate vote was 52-47. The measure was part of Biden’s climate law, […]
WASHINGTON DC (3/5/25) – President Trump’s tariffs on Canada and Mexico went into effect yesterday, with a 25% tariff on most goods and a 10% tariff on Canadian energy imports, including crude oil and electricity. Canadian and Mexican officials have both signaled plans to respond with retaliatory tariffs of their own. Tom Pyle, President of the American Energy Alliance, issued […]
WASHINGTON DC (2/26/25) – Today, the House passed H.J. Res. 35 with a vote of 220-206-1. The resolution uses the Congressional Review Act (CRA) to express congressional disapproval of the methane emissions tax on U.S. oil and gas producers. The vote will be scored for AEA’s American Energy Scorecard. Tom Pyle, President of the American Energy Alliance, released the […]
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 […]
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 […]
WASHINGTON DC (06/18/2024)– The American Energy Alliance, the nation’s premier pro-consumer, pro-taxpayer, and free market energy organization, launched a digital advocacy initiative calling on elected officials to reject legislative efforts that will lead to the imposition of new taxes and tariffs on carbon dioxide, which is a tax on our energy. The six-figure campaign will […]
In late February 2023, the price of carbon permits on the European Union’s carbon market hit 100 euros ($106.57) per metric ton – the amount of increased costs that factories and power plants must pay when they emit carbon dioxide. The benchmark EU Allowance (EUA) contract had hit a high of 101.25 euros per metric ton. EUAs […]
The Energy Information Administration indicates that U.S. oil production is nearing pre-pandemic levels, but President Biden wants to ruin that by placing a “windfall profits” tax on oil company profits. “Their profits are a windfall of war,” Mr. Biden said, referring to the Russian invasion of Ukraine as the reason for high prices for oil […]
Governor Youngkin rejects unnecessary regressive energy tax. WASHINGTON DC (08/31/2022) – This morning, the Youngkin Administration in Virginia reaffirmed its commitment to exiting the Regional Greenhouse Gas Initiative (RGGI). Acting Secretary of Natural and Historic Resources, Travis Voyles, appeared in front of a meeting of the State Air Pollution Control Board to reiterate the Governor’s […]
Americans need real regulatory reform, not empty gestures. WASHINGTON DC (06/22/2022) – Earlier today, President Joe Biden called for temporarily suspending the federal gasoline tax, asking lawmakers to pass a three-month pause on the federal 18-percent-per-gallon tax. This continues his administration’s routine of offering empty gestures to Americans who are struggling with record-high energy prices. […]