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AEA’s sister organization, The Institute for Energy Research, has released a new report comparing the environmental quality of the major oil-producing countries. For many years there has been a political movement centered in North America and Europe seeking to halt oil and gas production in the countries of those regions. Proponents claim this effort is […]
President Biden is continuing with his program of “anywhere but the United States” when it comes to oil investment and future production. The United States is allowing Chevron to resume pumping oil from its Venezuelan oil fields that U.S. sanctions had halted almost three years ago. The license was granted to Chevron after President Nicolás Maduro’s government agreed to […]
WASHINGTON DC (11/02/2022) – Joe Biden and Congressional Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since President Biden took office, his administration and Congressional Democrats have taken over 125 actions deliberately designed to make it harder to produce energy here in America. A PDF of […]
Joe Biden and Congressional Democrats have a plan for American energy: make it harder to produce and more expensive to purchase. Since Biden took office, his administration and Congressional Democrats have taken over 125 actions deliberately designed to make it harder to produce energy here in America. A list of those actions appears below. A […]
Representative Khanna (CA-D) publicly called for energy producers to DECREASE domestic oil production last fall, now that gas prices are rising he loudly complains those same producers aren’t doing enough! Instead of working to unleash American energy Rep. Khanna is busy begging OPEC to bring down gas prices ahead of the midterms! Check out Rep. […]
Mexico’s newest oil refinery is not yet operational since it is behind schedule and over budget, but President Andrés Manuel López Obrador announced the refinery as a centerpiece to his goal of securing Mexico’s energy independence, which President Trump had secured for Americans in 2019 and which President Biden is destroying through his energy and climate policies. […]
The Energy Information Administration (EIA) forecasts that nine new fields will come online in the deep waters of the Gulf of Mexico this year, which will account for 5 percent of natural gas production and 14 percent of oil production in U.S. federal Gulf of Mexico waters by the end of 2023. However, EIA expects that […]
Many leading Democrats in Congress, including Rep. Rho Khanna, ran for office promising to end domestic production of natural gas, oil, & coal. Back in October of last year, he praised oil companies for decreasing oil production in Europe and asked if they were embarrassed because they were increasing production in the United States. Now […]
President Joe Biden is expected to call on Congress to pass legislation enacting “use it or lose it” fines on wells that oil companies have leased from the federal government but have not used in years and “on acres of public lands that they are hoarding without producing…Companies that are producing from their leased acres and […]
Today the Biden administration announced it would “immediately increase supply by doing everything we can to encourage domestic production now.” While the Biden administration can change course, this would require a 180-degree change from their current approach. The Biden administration claims that “The fact is that there is nothing standing in the way of domestic […]