Blackouts and Power Grid: The Looming Energy Crisis in America
The Washington Post recently published an article warning of a summer of blackouts and a wheezing power grid that leaves states at risk. However, this issue is not new, as under-investment in new baseload capacity and reliance on unreliable and...
On Thursday, Feb. 10, President Joe Biden promised to “work like the devil” to lower gas prices. However, from day one this administration has ignored the root causes of high oil prices. Instead, they have done everything in their power to limit supply by erecting barriers to new production...
As the world faces fears over its energy security following severe gas shortages and rising oil prices, in the U.S., President Biden is moving forward on climate plans while looking to import the country’s oil and gas needs from foreign sources. But as the U.S. works with Europe to...
On March 17, 2022, the U.S. House of Representatives passed the Forced Arbitration Injustice Repeal (FAIR) Act, H.R. 963. The bill, if enacted into law, would void all pre-dispute mandatory arbitration agreements in employment, antitrust, consumer, and civil rights matters. The FAIR Act also purports to eliminate pre-dispute class...
As the year 2022 begins, the U.S. domestic oil and gas industry stands poised for a major boom year. The Baker Hughes active rig count rose back above 600 in January, still well below the highs of 2016 through 2019, but a far healthier level than the depths under...
It is an observable truism that rejecting a reality does not result in removing that reality; it only makes the person doing the rejecting look ridiculous. One wonders if, years from now, social commentators will scratch their heads in confusion regarding our concerted and seemingly relentless effort to refuse...
The Empire State’s new governor, Kathy Hochul, wants to establish her environmental bona fides. So, what better way to get it done than to jump on the natural gas banning bandwagon as the first state to officially surrender to this absurdity?New York metro voters, after all, know no more...
On November 15, after months of political maneuvering, President Joe Biden signed legislation that was billed as a monumental investment in America’s infrastructure. Other than his signature, however, most of the credit for its passage belongs to the other Joe we’ve heard a lot about lately, Senator Joe Manchin...
Is Oil and Natural Gas Sold in a World Market?We often speak of oil and gas in one phrase, as if it is one commodity, but, in reality, they are two separate commodities. Their different characteristics may very well lead to different answers to the central question of this...
Build Back Better Act
The Consequential Legislation for Domestic Production of Oil and Natural Gas
The most consequential legislation affecting domestic production of oil and natural gas is currently being debated in the United States Congress: the budget reconciliation package, also known as the Build Back Better Act. Among a backdrop...
