“Today, the libertarian Cato Institute releases its “Policy Handbook for the 104th Congress,” a 39-essay proposal to dismantle the federal government…. The essay on energy was written by Cato camp follower Robert L. Bradley Jr. of Houston … president of his own energy think tank – well, OK, it’s small, more like a think bucket – called the Institute for Energy Research.”
How the energy debate has shifted in the last quarter-century–with the middle moving Left and the free market, classical liberal Right falling off the table. Today, the Green Party has been neutered by the Progressive (or Regressive, as Alex Epstein puts it) Left dictating the debate.
I was reminded of this upon encountering an old ‘Perspectives’ column from John H. Jennrich, the founder and editor of Natural Gas Week.…
Continue Reading“Perhaps the most tragic aspect of Biden’s horrendous climate policy is that not only is there zero scientific evidence that it will have any significant impact on world carbon emissions or global temperatures, the scientific evidence is strong that global warming is not harmful and instead is beneficial.”
President Biden’s climate policy is not “the root of all evil,” but it’s close. Instead of improving the earth’s climate, it is causing or at least substantially worsening several economic and national security problems.
Biden’s climate policy seeks, as he stated during his campaign, “to end fossil fuel …” To do this, he is regulatorily strangling U.S. fossil fuel production.
Biden’s restriction of U.S. oil production has driven the price of West Texas Intermediate sharply higher. It was $51.56 a barrel in January 2020, when the economy was humming before the pandemic, and about $50 in December 2020, the month before Biden took office.…
Continue Reading“The world needs energy from many sources, including oil and natural gas…. The Gulf of Mexico currently represents over 15 percent of U.S. oil and natural gas production that is also some of the lowest-carbon intensive production in the world with a small environmental footprint.”
“For new offshore lease sales to be held, a new 5-year Offshore Leasing Program must be finalized to replace the current program which is scheduled to expire on June 30, 2022….”
The Biden Administration is at war with itself. Its anti-fossil-fuel policy is in shambles, with a dire verdict just ahead in November. The Biden puppeteers talked a big game of more drilling and production now, but behind the scenes it is all obstructionism all of the time.
The latest ruse is the Biden Administration’s sinister plan to violate its duty and protocol to release a new five-year plan for oil and gas development of the Outer Continental Shelf (OCS), due July 1, 2022.…
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