As Democrats continue to push debunked “price gouging” accusations at oil and gas companies, two recent hearings on Capitol Hill examined how the Biden-Harris Administration’s energy policies are the real cost drivers behind high energy and consumer costs. Representing a wide variety of vital industries within the American economy, witnesses at a House Budget Committee
Read More...Ford A New Casualty of State Planning and Corporate Wokeness … … [Editor’s Note: Ford Motor Co. gained when it didn’t take Obama’s bailout but, then, new leadership decided to buy into state planning and wokeness with EVs. It judged poorly.] Ford Motor Company announced that it lost $2.1 billion on its EV business in
Read More...Biden Net Zero Goals Rely Mostly on Earlier Fuel Switching! … … Joe Biden, controlled and manipulated as he is by China and the corporatist world, is pursuing a net zero dream that is really a nightmare of impossibilities. Politicians who passed the Inflation Reduction Act touted that the bill would reduce carbon dioxide emissions
Read More...... … … Wind and solar projects are facing many uphill battles despite a ton of subsidies and incentives provided to corporatist sponsors of these uneconomical projects. New wind installations dropped 77.5 percent in the third quarter of 2022 versus the same period the year before. New utility-scale solar installations fell about 40 percent in
Read More...Electric Vehicles and Other Lies Joe Biden Is Selling ...… … [Editor’s Note: Illicit tax credits for electric vehicles are just the latest examples of the corporatism at the core of the climate scam and Joe Biden’s lies about everything.] To Senator Manchin’s dismay, Biden’s Treasury Department is allowing the tax credit for electric vehicles
Read More...Heating Oil Reserves Now Threatened by Biden ... … … [Editor’s Note: Biden is a hopelessly inept man whose ability to muck them things up can, as Obama noted, never be underestimated. Now, he’s messing with heating oil reserves.] The Biden administration is again considering tapping additional emergency energy reserves; this time of heating fuel
Read More...Diesel Prices the Result of Anti-American Energy Policies! ... … … [Editor’s Note: Diesel prices have risen to unaffordable levels for many and are a huge factor in inflation and supply chain issues, all caused by anti-American energy policies!] President Biden is complaining about diesel prices and production and his Administration is looking at banning
Read More...Biden, Having Raised Gas Prices, Wants Us to Do Reparations ... … … [Editor’s Note: Joe Biden, our White House occupant, has committed us to pay out climate reparations after having squandered our energy dominance and while China gets exempted!] The United States endorsed compensating developing countries for global warming costs, reversing its long opposition.
Read More...Natural Gas Now Best Picks – October 15, 2022 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week; Chevron leads, Jamie explodes with truth and UK reverses on fracking. Look for these stories
Read More...Newsom Imposes Huge New Energy Costs on Californians ... … … [Editor’s Note: Gavin Newsom has been competing to be America’s worst governor ever since Andrew Cuomo fell from grace and he’s succeeding by raising California energy prices!] Gasoline prices in California are over $2.50 more than the national average of $3.79 a gallon. The
Read More...Electric Prices Skyrocket with Gruesome Green Energy Policy ... … … [Editor’s Note: Europe has descended into an energy crisis attributable to green energy foolishness that left it vulnerable to Russian blackmail sending electric prices soaring and Biden is following like a lamb to the slaughter.] Power prices are expected to increase as the price
Read More...Coal, Ironically, Is the Winner in the Green New Deal Game ... … … [Editor’s Note: Coal is the winner in the Green New Deal sweepstakes because politicians have bought into the global warming grifting scam, which has destroyed energy security.] Politicians and environmentalists claim an urgent need to reduce greenhouse gas emissions, but in
Read More...Manchin Taken for A Ride by Chuckie Schumer? ... … … [Editor’s Note: Is Joe Manchin a “third way” guy, a sellout or just another damned politician taken for a ride by unprincipled sleazy fellow Democrat Chuckie Schumer?] Senator Joe Manchin is seeking a bill on permitting reform this fiscal year that could help accelerate
Read More...Natural Gas Now Best Picks – August 20, 2022 Tom Shepstone Shepstone Management Company, Inc. … … Readers pass along a lot of stuff every week about natural gas, fractivist antics, emissions, renewables, and other news relating to energy. This week: BlackRock Called on Carpet by AGs for Ignoring Fiduciary Duty Inflation Reduction Act A
Read More...Inflation Reduction Act A Bold Raid on American Taxpayers American Energy Alliance …. …. [Editor’s Note: The Inflation Reduction Act delivered by Biden, Pelosi, Schumer and Manchin is pure corporatist highway robber; green grifting on an absolutely grand scale.] Today, President Biden is returning to the White House to sign the Inflation Reduction Act, a
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