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President Biden is depleting the U.S. Strategic Petroleum Reserve (SPR), which is currently at its lowest level in 37 years. On July 26, 2022, the U.S. Department of Energy announced an emergency sale from the reserve of up to 20 million barrels, which will go through the end of October, just prior to the mid-term election […]
On this episode of The Unregulated Podcast, Tom Pyle and Mike McKenna discuss the bizarre talking points coming from the Biden administration regarding the recently passed reconciliation bill, and the big winners and losers from the bill’s provisions. Links: Liz, you’re fired… Bill Gates lobbys Manchin Old Trump Tweetz EDV Tax Credit Details EV giveaways […]
Europe’s move toward decarbonization 30 years ago has resulted in skyrocketing energy prices, the need for severe conservation, possible rationing that could shut down entire industrial sectors and likely future blackouts. It is the result of the continent moving to unreliable and intermittent renewable energy before it was ready to replace fossil fuels and being […]
A federal judge reinstated a moratorium on coal leasing from federal lands that had been implemented during the Obama administration and was lifted under President Donald Trump. The ruling from U.S. District Judge Brian Morris requires government officials to conduct a new environmental review prior to resuming coal sales from federal lands. According to the judge, the government’s […]
Billions in handouts and subsidies for corporations and other special interests. WASHINGTON DC (08/16/2022) – Today, President Biden is returning to the White House to sign the Inflation Reduction Act, a spending package that Democrats pushed through Congress using the budget reconciliation process. The bill will cost an estimated $437 billion, with $369 billion allocated […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss the ongoing drama surrounding Joe Manchin’s inflation bill and the details coming about regarding the FBI raid of Mar-a-Largo. Links: Rubio on FBI raid Kamala Casts the Deciding Vote Bernie “Minimal Impact” on Inflation “No New Audits.” And yet the Dems defeated […]
Senator Manchin said that Democratic leaders had “committed to advancing a suite of commonsense permitting reforms this fall that will ensure all energy infrastructure, from transmission to pipelines and export facilities, can be efficiently and responsibly built.” With that promise, Manchin agreed to the “Inflation Reduction Act” that recently passed the Senate along party lines. But […]
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.” […]
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 […]
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 […]