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Petroleum product shortages may be ahead as motorists, truck drivers, farmers and airlines are grappling with increasing demand for gasoline, diesel and jet fuel. Despite refiners focusing on diesel in lieu of gasoline this spring, a global diesel shortage is looming. Refiners are planning to spend the summer increasing jet fuel and diesel production instead […]
WASHINGTON D.C. (May 19, 2022) This week, Democrats in the House of Representatives will try to misdirect voters about the source of high energy prices. Rather than taking on the policies of the Biden administration, which are the actual cause of more expensive energy, the House will take up legislation about a phantom cause: “price […]
This week, Democrats in the House of Representatives will try to misdirect voters about the source of high energy prices. Rather than taking on the policies of the Biden administration which are the actual cause of more expensive energy, the House will take up legislation about a phantom cause: “price gouging.” The bill, H.R. 7688, […]
Is now the right time to increase energy prices with a new tax on energy? Despite the fact that inflation is the highest it’s been in forty years and the U.S. economy contracted in the first quarter of 2022, Republican Senators Kevin Cramer, Lindsey Graham, and Bill Cassidy apparently think so. They’re plotting with Democrat […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna make predictions for his year’s baseball season, talk price increases, and check in on things at the White House. Links: NBC: “A failing grade” for Biden’s economy Wondering what Joe Biden was saying about China while his family was making millions? In 2020, […]
Last week, President Biden invoked the Defense Production Act to increase domestic production of minerals used in making electric vehicles, such as nickel, lithium and cobalt. The president said that the country depended on unreliable foreign sources for many materials necessary for transitioning to the use of renewable energy and reports have stressed this for years. The irony of […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss the latest rambling proclamations and missteps made by the Biden administration on everything from the war in Ukraine to the Strategic Petroleum Reserve. Links: Jennifer Rubin’s JFK take Reporter: “You understand why people would believe you, as someone commanding one of the […]
As American motorists reel from gasoline prices averaging more than $4.20 nationally, it’s important to shine a critical light on so-called climate policies that would drive prices up even higher. Consider for example the provocatively-named “Polluters Pay Climate Fund Act,” originally introduced last August by Senator Chris Van Hollen (D-MD) along with Bernie Sanders and a coalition […]
Rep. Ro Khanna, a Democrat from California, has been putting pressure on domestic oil companies to lower production for months. In October he was interrogating oil CEO’s about why they were increasing production as their ‘European Counterparts’ were lowering their own—seemingly a moral good in Rep. Khanna’s eyes. Now that gas prices in his state […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna recap events in Ukraine from this week, Raskin’s nomination, and the White House’s response to high oil prices. Links: Kyiv Correspondent Jam Waterhouse tells #BBCBreakfast authorities in Mariupol say a bomb shelter in a theatre protecting hundreds of men, women and children, withstood […]