Energy

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.

“Biden offshore drilling ban would kill 200,000 jobs, oil lobby says” Read Full Article »

by Rebecca Beitsch
The Hill

“House Republicans have introduced a measure that would speed up permitting for mining projects in the U.S. in order to avoid importing critical minerals from countries like China,” according to The Hill.

“House Republicans introduce bill to speed mining projects for critical minerals” Read Full Article »

by Rachel Frazin
The Hill

President Trump seeks to build uranium reserves through domestic products, breaking foreign dominance.

“Trump administration aims to buy uranium for reserve ‘as soon as possible,’ official says” Read Full Article »

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.

“Cuomo DEC Denies Another Gas Pipeline” Read Full Article »

Institute for Energy Research

Impossible-to-comply-with rules to make it a “peaking” rather than a “caseload” plant are bringing about the demise of North Dakota’s largest coal plant.

“Largest North Dakota Coal Plant to Close in 2022” Read Full Article »

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.”

“The United States Was Energy Independent in 2019 for the First Time Since 1957” Read Full Article »

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.

“Impact of Biden’s Bans on Fracking and Oil Production on Federal Lands and Offshore” Read Full Article »

by Morgan Phillips
Fox News

“The Biden campaign on Monday affirmed that if he’s elected president, Joe Biden would rescind President Trump’s permit to allow the Keystone XL oil pipeline to cross the U.S. border,” according to Fox News.

“Biden commits to rescinding Trump’s Keystone XL Pipeline permit if elected” Read Full Article »

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 …

New York fracking ban proves costly during pandemic Read Full Article »

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.

“North Dakota senator leads bipartisan coalition to purchase oil for Strategic Petroleum Reserve” Read Full Article »

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.”

“Trump told Saudi: Cut oil supply or lose U.S. military support – sources” Read Full Article »

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.

“Gov. Northam Raises Energy Costs as Hundreds of Thousands Are Out of Work” Read Full Article »