Seven Democratic U.S. representatives have asked Speaker of the House Nancy Pelosi, D-Calif., and Senate Majority Leader Chuck Schumer, D-New York, to not target the oil and gas industry in the budget reconciliation bill before Congress.
Despite the concerns they and those in the industry have raised, Democrats in the U.S. House Natural Resources Committee pushed through a section of the bill, which includes billions of dollars in taxes, fines and fees on the oil and gas industry in the name of climate change.
Committee Chair Raúl M. Grijalva, D-Ariz., said the section of the bill that passed “invested in millions of American jobs” and put the U.S. “on a more stable long-term economic and environmental path.” Read More
Monday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed Senior Fellow at the National Center for Public Policy, Dr. Bonner Cohen to discuss his latest piece addressing the geopolitical suicide of America through energy the loss of energy independence. Read More
Despite Gov. Gretchen Whitmer’s claim that Michigan is the future of electric vehicles (EVs), Ford Motor Company and battery maker SK Innovation announced plans to build three new plants in Kentucky and Tennessee.
The new plants, which will host production of electric vehicles and advanced lithium-ion batteries by 2025, will cost roughly $11.4 billion to build and create a projected 11,000 jobs. Read More
The Methane Emissions Reduction Act of 2021 has been proposed as a “pay-for” – a source of revenue – in the reconciliation infrastructure package. It would impose a “fee” on methane emissions from natural gas and petroleum production systems and related processes, but not on such emissions from agricultural and other operations. Accordingly, it is worse than a mere money grab: it’s a blatant exercise in punitive politics directed at the fossil-fuel energy sector, a tax on conventional energy.
Not so, says Representative Diana DeGette (D-CO), as summarized by the Washington Examiner:
“This is not a tax. It’s a fee on natural gas waste,” adding oil and gas operators have the technologies to combat methane leaks at low cost. “The smart players want to prevent waste because they can capitalize it to make money. Customers won’t be paying a fee on gas delivered. The only fee will be paid [by an operator] on what doesn’t make it to the consumer.” Read More
For years, Democrats and their cable news echo chamber conjured up and broadly disseminated the most lurid and patently ludicrous rumors about former President Donald Trump being a corrupted and (literally) compromised agent of Vladimir Putin and the Kremlin. Democratic talking heads ultimately tried in vain to distance themselves from this sordid oeuvre‘s most far-fetched talking points, such as the infamous “pee video kompromat” from the discredited Steele dossier. But for four years, Democrats’ unquenchable obsession with the “Russiagate” hoax pervaded, distorted and sullied our politics. Read More
Following a Biden administration move to lift U.S. sanctions blocking completion of Russia’s Nord Stream 2 gas pipeline, critics are charging that the new president — who canceled the Keystone XL pipeline on his first day in office — is more concerned about Russian energy jobs and independence than he is about America’s own.
“President BIden, if [you] can’t put America First, can you at least not put Russia first?” form Secretary of State Mike Pompeo tweeted. Read More
Wednesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed all-star panelist Crom Carmichael to discuss the power outages in Texas and renewable energy champions’ contradictory actions. Read More
Over the next two decades, oil and gas production is projected to account for 68 percent of energy consumption in the U.S. and will play a key role in the energy transition to a low carbon future, according to a new report published by the U.S. Department of Energy.
Natural gas is increasingly powering plants to produce electricity, but oil and natural gas are revitalizing the U.S. petrochemical industry, growing the liquefied natural gas industry, and boosting high-tech materials, the report states. Read More
The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.
Despite a victory last month at the United States Supreme Court over a critical permit, Dominion Energy and Duke Energy said in a news release that “recent developments have created an unacceptable layer of uncertainty and anticipated delays” for the 600-mile project designed to cross West Virginia and Virginia into North Carolina. Read More
The Supreme Court on Monday paved the way for a critical permit for a proposed natural gas pipeline that would cross under the Appalachian Trail, siding with energy companies and the Trump administration.
The justices ruled 7-2 to reverse a lower court ruling that had thrown out the permit for the Atlantic Coast Pipeline. It would bring natural gas from West Virginia to growing markets in Virginia and North Carolina. Its supporters say the pipeline would bring economic development, thousands of jobs and reduced energy costs for consumers. Read More
Natural gas outpaced renewable energy options in the reduction of greenhouse gas emissions, according to a recent report published by the U.S. Energy Information Administration (EIA). Read More
by Richard McCarty With the liberal media busy looking for excuses to attack President Trump and his administration, you might have missed some good news on the energy front. American energy jobs are being created, gas prices are dropping, energy imports are dropping and energy exports are rising. Since… Read More
by Printus LeBlanc Despite what the media is spewing, President Donald Trump is continuing his push to improve the American economy. The President made not just energy independence a priority of his campaign and now administration, but energy dominance. The President knows the U.S. has been blessed with vast… Read More