In separate hearings on April 28, U.S. Energy Secretary Jennifer Granholm was questioned on her department’s proposed 2023 budget by the House Committee on Energy and Commerce and the House Appropriations Committee’s energy subcommittee. At $48.2 billion, the budget would increase by 21.7 percent from the enacted level in 2021. It would provide $2.1 billion…
Granholm Grilled On Budget, ‘Anti-Fossil Fuels’ Stance
April 28, 2022
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White House’s Plan to Lower Cost of Gas Largely Symbolic: Expert
April 10, 2022
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Business & Economyclimate change agendacommoditiesDefense Production Acteconomic policieseconomyExecutive Branchfossil fuelsinflationMarketsPolicies & ImpactsPoliticsUSUS News
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President of Whaley Energy Consulting, Don Whaley, said the White House’s recent plan to bring down gas prices, while bold, lacks substance. He said invoking the Defense Production Act (DPA) and releasing oil from the national reserves is largely symbolic. “So, this announcement, while it’s a bold step … I’m not sure how much substance…
Waging War On Fossil Fuels Enflames Inflation
When you pull aside the curtain of its moral pretensions, the green movement of global warming fanatics is just another socialist scheme to replace the free enterprise’s real-world judgment of how to navigate the economic long term with coerced, illegitimately law-enforced faith in government control. There is one preeminent tool that players in the economy—meaning…
Trump Got It Right About Germany Being ‘Captive’ to Russia for Energy: Alberta Premier
Alberta Premier Jason Kenney says former U.S. President Donald Trump was right about Germany being held “captive” by Russia when it comes to energy. “Say what you like about Donald trump, but he got this exactly right,” Kenney said on Twitter Tuesday. The premier was referring to a YouTube video posted by Bloomberg Markets and…
Net-Zero and ESG Are Worsening the Energy Crisis—and Weakening the West
March 18, 2022
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Commentary The day after President Biden announced that the United States would ban imports of Russian oil and gas, a group of eleven powerful European investment funds that includes Amundi, Europe’s largest asset manager, outlined plans to force Credit Suisse, Switzerland’s second largest bank, to cut its lending to oil and gas companies. The juxtaposition of these two events…
More Countries Consider Returning to Fossil Fuels to Maintain Energy Security
Many countries worldwide have been faced with a dilemma over the last year: turn to fossil fuels to maintain energy security or rely on renewables to achieve long-term objectives. In the aftermath of the pandemic, a growing number of nations have endured power outages, shrinking inventories, and higher oil and gas prices. Despite investing…
Biden’s Rhetoric and Regulations Hampering Oil and Gas Output: Energy Alliance President
March 13, 2022
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Jerry Simmons, president of the Domestic Energy Producers Alliance, said President Joe Biden’s statements about removing fossil fuels by 2050 and his administration’s tightening of the industry’s regulations are stifling the production of energy and causing prices to rise. “When you make these statements about an industry and, as the president, the incoming president, then…
The Green Immoralists
Commentary Thousands are dying from Russian missiles and bombs in the suburbs of Ukraine. In response, the Biden administration’s climate-change envoy, multimillionaire and private-jet-owning John Kerry, laments that Russian President Vladimir Putin might no longer remain his partner in reducing global warming. “You’re going to lose people’s focus,” Kerry frets. “You’re going to lose big-country…
The Cost of the Russian War Keeps Rising
Commentary From the start of Russia’s invasion of Ukraine, the U.S. stock market, which has been “stumbling since the beginning of the year,” writes the New York Times, is down “10.3 percent from its most recent peak on Jan. 3,” and the cost of gas is rising rapidly. Near record high oil prices—it briefly topped $130 per…
Biden: Helping Dictators and Harming Americans
Commentary When the Biden administration appeals to Iran, Venezuela, and Saudi Arabia for oil but rejects American and Canadian oil and gas production, there is something profoundly wrong. Why does Joe Biden think dictators are better than Americans? Why send money to Iran instead of Oklahoma—or to Venezuela instead of Texas? If he wants to…
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