Under former President Donald J. Trump, for the first time in decades, the United States became a net exporter of natural gas and oil. That helped to keep global energy prices relatively low. It also gave the United States leverage over the international system in ways it had not enjoyed since before the 1970s.
Alas, the propagation of the novel coronavirus from Wuhan, China, along with the ceaseless lies of the Western “mainstream” media made such a prosperous and secure future under Trump an impossibility.
In the eight months since assuming office under a cloud of controversy, Joe Biden has done more to harm America’s inherent strategic advantages in the global energy market than any U.S. rival could have imagined. Under Biden, the United States has gone from being a net exporter of global energy to begging the Organization of Petroleum Exporting Countries (OPEC) to produce more oil for the world to consume. Read More
A federal judge has ruled the Biden administration must resume allowing oil and gas leasing on federal land and waters, but the administration is saying it will not go down without a fight.
The Biden administration said it will appeal a court ruling allowing the leases, the latest development in a months-long battle between President Joe Biden and the oil and gas industry, even as gas prices continue to rise. Read More
Independence Day 2020 was a lackluster affair for many, made all the sadder by attempts to celebrate July 4 amid pandemic-induced isolation without the parades, public firework shows and other communal and family gatherings that traditionally accompany the summer holiday.
The city of Miami and others staged “virtual fireworks displays” and at least 60 Florida communities made attempts to stage public events, including socially distanced parades, but with about 80% of traditional observations canceled, July 4, 2020, was nothing to celebrate.
Not so for July 4, 2021. Read More
As Americans prepare to hit the road for Independence Day weekend, gas prices hit a seven-year high.
An expected 43.6 million Americans are set to hit the road this holiday weekend, and they’ll pay the most they have to fill up their tank since 2014, the American Automobile Association (AAA) says. Read More
According to publicly available data, average gas prices in Florida have increased approximately 48.0% over the last 12 months. The current price of a gallon of regular gas, as of June 20, was $2.96. This is up from $2.00 per gallon reported one year ago.
The chart below shows the 12-months trend of average gas prices for the United States and Florida. Since March 11, 2021, the average price of gas in Florida has trended below the national average. As of June 20, the U.S. average is $3.07 per gallon. Read More
A federal judge ordered the federal government to halt its ban on new oil and gas leases in a major setback for President Joe Biden’s administration.
Judge Terry Doughty, of the U.S. District Court for the Western District of Louisiana, granted a preliminary injunction that had been requested by a large coalition of Republican state attorneys general in an order released Tuesday evening. The Department of Interior is prohibited from enforcing the oil and gas leasing ban until the case is concluded, according to the order. Read More
The ransomware attack that paralyzed the Colonial Pipeline for nearly a week, causing gas shortages throughout the Southeast, including Florida’s Panhandle, may revive one senator’s multi-year effort to convince the Sunshine State to establish its own petroleum stockpile.
Sen. Gary Farmer, D-Lighthouse Point, has filed bills since 2018 seeking to create a Florida Strategic Fuel Reserve Task Force to study creating a fuel stash similar in concept, if not in size, to the U.S. Strategic Petroleum Reserve.
Farmer Thursday called on Republican statehouse leaders to add his 2021 proposal, Senate Bill 1454, to the agenda when the Legislature convenes Monday for a special session to vet a proposed 30-year gaming compact with the Seminole Tribe of Florida. Read More
A gas shortage is expected this summer not because there won’t be enough fuel but because there aren’t enough highly trained and licensed tanker drivers to transport it.
Many tanker drivers retired last year after demand for oil and gas plummeted because fewer people were traveling during the height of the pandemic. And most driving schools where new drivers could have received their training were closed due to state-mandated shutdowns. The two factors combined is resulting in a shortage of roughly 25% of tanker truck drivers needed to transport fuel, says the National Tank Truck Carriers, the trade association representing the tanker truck industry. Read More
California gasoline prices reached the highest they’ve been since March 9, 2020, hitting $3.27 a gallon, according to a new gasoline benchmark published by the U.S. Energy Information Administration.
California gas prices are roughly 66 cents more than average price paid by consumers nationwide. Read More
U.S. federal prosecutors are seeking to seize four tankers sailing toward Venezuela with gasoline supplied by Iran, the latest attempt to disrupt ever-closer trade ties between the two heavily sanctioned anti-American allies.
The civil-forfeiture complaint filed late Wednesday in the District of Columbia federal court alleges that the sale was arranged by a businessman, Mahmoud Madanipour, with ties to Iran’s Revolutionary Guard Corps, a U.S.-designated foreign terrorist organization. Read More
Shutting down the Line 5 pipeline through the Straits of Mackinac – even if only temporarily – will send adverse effects rippling throughout Michigan, other areas of the Midwest and, as well, Ontario and Quebec.
That’s according to not only Enbridge, which operates Line 5, but also the refineries that rely on the pipeline to supply the fuel provided to consumers at the fuel pump and such major customers as Detroit Metropolitan Airport. Read More
A new study by the American Petroleum Institute (API) credits Minnesota’s strong economy and job creation, in part, to the abundance of affordable fuels wrought by the country’s shale boom recognized through hydraulic fracturing, also called fracking. Read More
by Derek Draplin Berthoud and Broomfield are the latest local governments in Colorado to implement a moratorium on oil and gas development following passage of new industry regulations signed into law last month. The Colorado Oil and Gas Conservation Commission, the state’s regulatory body, issued “objective criteria” that will require… Read More
The American Automobile Association (AAA) announced Monday that only three months into 2019, the nation’s average gas price has spiked by almost 45 cents. Ohio prices increased as well, but by slightly less than the national average. While Ohioans may be relieved, experts are predicting that these price increases are expected… Read More
Friday, Ohio Department of Transportation Director Jack Marchbanks formally introduced the proposed 2020-21 Biennial Budget. House Bill 62 (HB 62), the budget’s formal designation, includes an 18-cent gas tax increase. While lower than some reports have suggested, the proposed tax will give Ohio one of the highest gas tax rates in the country.… Read More
At an annual forum sponsored by the Associated Press, Ohio Republican Gov. Mike DeWine announced Wednesday he intends to formally recommend raising the current gas tax. The recommendation will come as he introduces his first two-year transportation budget Friday. Despite appointing an Advisory Committee on Transportation Infrastructure Issues specifically to explore alternative… Read More
by Tim Pearce Nine states are intervening in a lawsuit against the Trump administration for approving oil and gas companies to search for oil and gas deposits in the Atlantic Ocean. Maryland Attorney General Brian Frosh announced Thursday the states would join environmental groups in a lawsuit to prevent the Trump… Read More
by Chris White Environmental groups are suing to prevent the Trump administration from approving seismic survey testing for oil and gas reserves off the South Carolina coast. Oceana and the Sierra Club argued in legal filings Tuesday that the Commerce Department’s approval of seismic testing violates the Endangered Species… Read More
by Michael Bastasch Former President Barack Obama said he was “extraordinarily proud of the Paris accords” before, rather ironically, taking credit for booming U.S. oil and gas production. “I was extraordinarily proud of the Paris accords because — you know, I know we’re in oil country and we need… Read More
by Chris White German Chancellor Angela Merkel is offering government support for a for project that would supply Germany with U.S. natural gas — the move comes as U.S. President Donald Trump seeks to loosen Russia’s hold on Europe’s energy markets. Merkel told lawmakers in early October that her government… Read More
by Chris White Gas prices in Southern California are hovering around $4 per gallon as Golden State Democrats attempt to defend an unpopular gas tax outgoing Democratic Gov. Jerry Brown signed in 2017. The average pump price for regular gas in the Los Angeles area is hovering around $3.736… Read More
HENDERSONVILLE, Tenn., Jan. 30, 2017 /PRNewswire-iReach/ — Hendersonville, TN- Hornet Corporation announced here today that it has expanded its operation into a new, larger corporate headquarters building here. “Our growing oil well drilling and production operations motivated us to acquire a suitable office building… Read More