Energy

Biden offshore drilling ban would kill 200,000 jobs, oil lobby says

by Josh Siegel
Washington Examiner

“Joe Biden’s proposal to ban new offshore oil and gas drilling in federal waters would cost nearly 200,000 jobs, strip the U.S. government of billions in dollars of revenue, and potentially push production to other countries, according to a new study commissioned by the industry’s trade group” the National Ocean Industries Association.

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Cuomo DEC Denies Another Gas Pipeline

Institute for Energy Research

“New York and New Jersey blocked water permits last week for a $1 billion multistate natural gas pipeline. The Williams Co. was planning to build the Northeast Supply Enhancement pipeline project to expand its existing 10,000-mile interstate transmission pipeline system in New Jersey, New York, and Pennsylvania, which would supply an additional 400 million cubic feet of natural gas per day for New York’s 2021 winter heating season,” according to the Institute for Energy Research.

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The United States Was Energy Independent in 2019 for the First Time Since 1957

Institute for Energy Research

According to the Institute for Energy Research, “U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years.  Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or export energy, but that we produced more energy than we used. One can thank the oil and gas industry and its use of hydraulic fracturing and horizontal drilling for that milestone as production in those industries increased a combined 11 percent in 2019.”

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Impact of Biden’s Bans on Fracking and Oil Production on Federal Lands and Offshore

Institute for Energy Research

In a primary debate with Bernie Sanders, Joe Biden said he would eliminate most important forms of energy production  if elected president. He would ban fracking and foresaw, “No more drilling on federal lands. No more drilling, including offshore. No ability for the oil industry to continue to drill, period. Ends,” according to the Institute for Energy Research.

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Assessing the Costs and Benefits of the Green New Deal’s Energy Policies”

by Kevin Dayaratna and Nicolas Loris
The Heritage Foundation

“The proposed Green New Deal would be incredibly costly for American families and businesses—for no meaningful climate benefit. Moreover, the plan would introduce a completely new level of cronyism and corporate welfare that would harm consumers multiple times over,” according to The Heritage Foundation.

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New York fracking ban proves costly during pandemic

by Kevin Mooney
Washington Examiner

“New York Democrats who are asking Congress to supply them with what is widely described as a “coronavirus bailout” would be in a stronger economic and political position today if they took advantage of their state’s natural resources.  Unlike neighboring Pennsylvania, New York has banned the use of hydraulic fracturing that can be used to extract oil and natural gas deposits available within an underground rock formation known as the Marcellus Shale. For this reason, New York residents have lost out on an energy production boom that would have enabled the state to produce more than enough natural gas to cover its own heating, electrical, and industrial needs. In fact, New York has enough untapped resources to become an exporter …

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Leftists Push for Removal of Progressive Champion Moore’s ‘Planet of the Humans’ Film

by H. Sterling Burnett
The Heartland Institute

“Socialist radical environmentalists are repeating history again, eating one of their own, in this case far-left filmmaker and Bernie Sanders supporter Michael Moore. They are trying to destroy the progressive documentarian for honestly pointing out the hypocrisy and lies behind the push for green energy,” according to The Heartland Institute.

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North Dakota senator leads bipartisan coalition to purchase oil for Strategic Petroleum Reserve

by Renee Jean
Williston Herald

” A bipartisan coalition of oil state senators led by North Dakota Republican Sen. John Hoeven and Alabama Democratic Sen. Doug Jones has introduced an emergency measure in the Senate that would provide $3 billion in funding to purchase American crude oil for the Strategic Petroleum Reserve.  Hoeven’s coalition includes Sen. Kevin Cramer, R-N.D., as well as Republican Sens. John Cornyn and Ted Cruz of Texas, Lisa Murkowski and Dan Sullivan of Alaska, Jim Inhofe of Oklahoma, John Barrasso of Wyoming, and Roger Wicker of Mississippi,” according to the Williston Herald.

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Trump told Saudi: Cut oil supply or lose U.S. military support – sources

by Timothy Gardner
Reuters

“In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters.”

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Gov. Northam Raises Energy Costs as Hundreds of Thousands Are Out of Work

By Tim Benson, Aaron D. Stover
The Heartland Institute

Even though Virginia’s economy is one of the hardest hit by the coronavirus, its governor continues to pursue energy policies that will shut down jobs, according to The Heartland Institute.  The Virginia Clean Economy Act will increase the so-called “renewable” energy mandate to 100 percent by 2050.

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