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The first-ever offshore wind lease sale in the Gulf of Mexico attracted only one bid, yet the Biden administration called it a victory. The auction of offshore wind development rights in the Gulf of Mexico ended with a single $5.6 million winning bid, reflecting meager demand despite the productivity of oil and gas production in the region. […]
The Biden White House is worried about gas prices now that a number of states have prices over $4 a gallon. Because high gas prices agitate voters, the White House is in discussion with Venezuela again to get Maduro to agree to run “free elections” in return for removing oil sanctions that would put more […]
California, the seventh-largest U.S. oil producer, has put a near halt on issuing permits for new oil and gas drilling this year. The state’s Geologic Energy Management Division has approved seven new active drilling well permits in the first half of 2023, which compares with over 200 it had issued by this time last year. The […]
New car prices are up 25 percent under Biden’s Presidency and they will likely increase further as Biden’s proposed auto efficiency standards will increase automakers’ production costs. In 2018, there were a dozen new car models that sold for less than $20,000, but in 2023, there was only one: the Mitsubishi Mirage, which accounted for about […]
Biden’s Department of Energy (DOE) has projected that President Biden’s infrastructure bill and his Inflation Reduction Act will save Americans up to $38 billion on electricity costs over the remainder of the decade, using a version of the Energy Information Administration’s (EIA) National Energy Modeling System (NEMS). Despite EIA being part of the DOE, EIA was not […]
Hawaii, like California, has pushed electric utilities to invest in renewable energy, rather than maintaining their current transmission lines and ensuring that brush would not affect their operations. Now that Maui has had a fire that has killed over 100 people and cost tens of billions of dollars in property losses, blue state politicians and […]
Europe’s plan to slash carbon emissions and reach net zero carbon by 2050 is seeing a backlash as the spiraling cost — both political and economic — needed for the transition is becoming clearer to Europeans. Wind and solar projects are now getting more scrutiny with Siemens indicating huge costs to fix operational problems. A new […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss bumbles from Biden and co. this week, the Maui wildfire, and the latest ups and downs from the 2024 presidential contest. Links: US Mortgage Rate Climbs to 7.16%, Matching Highest Since 2001 Bloomberg Manchin… LA Times: Despite climate goals, California will let […]
WASHINGTON DC (08/17/2023) – The American Energy Alliance (AEA), the country’s premier pro-consumer, pro-taxpayer, and free-market energy organization, has joined a coalition of free-market organizations working to save taxpayers from runaway Washington spending on green corporate welfare found in the so-called “Inflation Reduction Act.” AEA President Thomas Pyle issued the following statement: The Biden Administration’s […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the latest “rebrand” for the green movement, Biden’s most recent moves against domestic energy and mineral production, and some fun headlines from a busy week in Washington. Links: Renewable Energy Still King of Pork No New Drilling: The Courts Overruled Me Biden: […]