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Nickel prices have skyrocketed with Russia’s invasion of Ukraine due to fears that Russian supplies may be cut off. The disruption is causing supply problems for carmakers and others that need the metal. Nickel prices surged in the middle of March after which trading was temporarily suspended for several days and new restrictions were applied […]
Joe Biden ran for president promising to end domestic production of natural gas, oil, & coal. Joe Biden hired a team of bureaucrats who zealously attacked American energy producers from day one. Now that the predictable consequences of his extremist agenda are coming to fruition Biden and his cronies are changing their tune. You can’t […]
Toby Rice, who runs the U.S. largest natural gas producing company, Pittsburgh-based EQT, indicated that the United States could easily replace Russian natural gas supply in Europe. He estimated the United States has the potential to quadruple its gas output by 2030. What is needed to accomplish that is more natural gas pipelines and LNG export facilities […]
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 […]
Biden’s campaign promise: “No more subsidies for the fossil fuel industry. No more drilling including offshore. No ability for the oil industry to continue to drill period. It ends.” That President Biden is now asking the U.S. oil industry to produce more is ironic after taking steps to do just the opposite. Further, he has little understanding […]
With sky-high inflation reminding people of the economic malaise of the Carter years, it appears that some Members of Congress are actually looking back fondly on those times and are actively trying to relive those days. The latest bad idea that Congress is trying to revive is a new tax on oil profits modeled after the […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Biden’s attempts at deflecting blame for run-away inflation and the future prospects of the so-called “energy-transition” movement. Links: Tom Pyle to Congress: Government Energy Mandates Raising Prices Tom’s written testimony submitted to Congress AEA Public Survey Data The Biden administration continues to […]
When asked by a news correspondent this month if President Biden intended to reverse course and reinstate pro-America energy policies, White House Press Secretary Jen Psaki responded that there are 9,000 approved oil leases that the oil companies are not tapping into currently. But, as American Petroleum Institute President and CEO Mike Sommers indicates, her statement […]
Tuesday, March 8, AEA president Tom Pyle provided testimony before a hearing by The Subcommittee on Energy of the Committee on Energy and Commerce titled: Charging Forward: Securing American Manufacturing and Our EV Future. Tom’s full written testimony is available here. A video of the hearing can be viewed below.
A survey conducted by Morning Consult found 90 percent of U.S. voters favor domestic energy development over foreign imports. In addition, more than 80 percent of respondents said they believed domestic oil and natural gas production would boost energy security for the United States and its allies, reduce energy costs, and help preserve U.S. leadership in times of uncertainty. […]