President-elect Donald Trump made a multitude of “day one” promises throughout the campaign to begin work on an array of issues, setting himself up for an extremely busy first day back in office.
Read More
Abundant and affordable energy drives America’s powerful and productive economy. That’s been true throughout our nation’s history, and America’s recent achievement of energy independence provides the most concrete illustration of that fact.
But to keep our nation firing on all eight cylinders, we need government policies that prioritize providing adequate, reliable and secure domestic energy supplies.
Read More
The United States is producing more oil now than any nation in the world has ever produced. In 2008, the U.S. produced only 5 million barrels of oil a day. Last year, the country produced 13 million barrels daily.
The United States’ record-breaking production is often used to knock back the argument President Joe Biden’s energy policy aims to minimize domestic fuel fuel production – to cut carbon emission and make way for more renewable energy.
Read More
California gas prices could rise by at least $1.11 per gallon by 2026 if the California Air Resources Board adopts amendments to its low carbon fuel standard program, CARB says. The LCFS amendments proposed at the end of 2023 would phase-out credits for turning manure into renewable natural gas, ending that business, and add jet fuel to LCFS purview, increasing flying costs for every flight that starts or ends in California even if the fuel was purchased elsewhere. Because so much of America’s imports come in through California, the LCFS amendments would raise the costs of goods for every American.
LCFS uses a system of credits and deficits to reward or punish producers that make fuel better or worse than the rising “clean” standard.” Current LCFS guidelines call for a 20% reduction in carbon intensity by 2030 compared to 2010, while the proposed amendments call for a 90% reduction by 2045, including significant step-downs starting in 2025 that would result in major fuel cost increases starting that year.
Read More
2023 was a record year for domestic natural gas consumption, and its supply wouldn’t have been possible without record U.S. production, led by Texas, according to several reports.
Texas produced the equivalent of one-third of the natural gas consumed last year, with Texas producers breaking multiple records last year, The Center Square reported.
Read More
The latest figures from the U.S. Energy Information Administration show that Americans are consuming a record amount of natural gas.
In 2023, the U.S. consumed 89.1 billion cubic feet of gas in 2023, which was a record, according to the EIA. Since 2018, American consumption of natural gas increased by an average of 4% annually.
Read More
A new study finds that natural gas is the most effective energy source meeting growing energy demands affordably and reliably, while balancing environmental and human impact.
The “Grading the Grid” study by the Mackinac Center for Public Policy, a pro-free market nonprofit, and Northwood University rates natural gas, coal, petroleum, nuclear, hydroelectric, wind, solar and geothermal generation sources on their reliability, environmental and human impact, cost, innovation and market feasibility.
Read More
Gov. Jay Inslee on Thursday afternoon signed into law a controversial bill meant to allow Puget Sound Energy to start planning how to move away from natural gas.
“This bill creates the roadmap and tools for our state’s largest utility to get out of the fossil fuel business and achieve net zero emissions by 2050,” Inslee said of Engrossed Substitute House Bill 1589 during the bill-signing event from the International Brotherhood of Electrical Workers Local 46 in Kent.
Read More
Domestic oil production in the U.S. reached a new record in November of 2023, hitting 13.31 million barrels per day, according to data from the U.S. Energy Information Administration.
The previous record was 13.25 million barrels per day. That was set in September 2023.
Read More
If the delusional but dead serious demands coming out of the international climate crisis community are to be believed, and as documented in the earlier two segments of this report, achieving universal energy security in the world will require wind energy capacity to increase by a factor of 60, while solar capacity increases by a factor of 100. The mix between wind and solar can vary, of course, but the required overall increase is indisputable. As noted in Part One of this report, that would be a very best-case scenario, where extraordinary improvements in energy efficiency meant that total energy production worldwide would only have to increase to 1,000 exajoules per year, from an estimated 600 exajoules in 2022.
Read More