Approximately 1.3 billion Indians have been informed that their cooking gas price will go up by 65 cents per liter. In a country like India, higher fuel prices can have quick and dangerous repercussions, resulting in greater morbidity and mortality. The situation is similar in other developing countries and the poor economies of the African continent. Unfortunately, the establishment media does not sufficiently report on how hostility toward fossil fuels has contributed to the current energy … [Read more...]
Saving America From Planet-Threatening Fossil Fuels by Sacrificing our Economy, Environment, Living Standards, Freedoms and Security
Presidential candidate Joe Biden repeatedly promised to end fossil fuels in America. There’ll be “no more drilling, including offshore,” he said. “No ability for the oil industry to drill. No more pipelines.” Shortly after reaching the White House, President Biden ended Keystone XL pipeline construction and began working with congressional Democrats, regulators, and eco-activists to impose leasing and drilling moratoriums, slow-walk permits, pressure financial institutions … [Read more...]
Why Rely on OPEC for Biden Blunder Bailouts?
Saudi Arabia, the UAE, and other OPEC nations can be expected to consider global security implications of Biden administration pressures on them to increase oil and gas production to compensate for shortfalls influenced by their own anti-fossil energy policies. These preexisting conditions are only made worse by an appropriate belated American ban on Russian imports which should never have been necessary for our recently energy-independent country in the first place. A Wall Street … [Read more...]
Responding to the White House Blame Game on Leases
On March 3rd, White House Press Secretary Jen Psaki, in response to a question about increasing domestic oil production, attempted to shift blame to oil companies by citing “9,000 approved oil leases that the oil companies are not tapping into currently.” In subsequent press conferences, she adjusted that to 9,000 permits and went on a Twitter storm to shift blame. While we may not appreciate the cynical attempt to deny the effects of the president’s own “no federal oil” policies, we … [Read more...]
Poor Economies Experience the Worst of Oil Price Hike
The fighting in Ukraine has intensified and residents are fleeing cities with Russian forces showing no signs of retreating. What does this have to do with the lives of billions of people living far away from the war? Oil price increases. The conflict has caused an increase in international oil prices, which have now crossed $130 per barrel, a 13-year high. As a result, gas prices at pumps across the globe are set to rise even further. Being the largest consumers of automobile fuels, … [Read more...]
House Members Wrong Not Just on Priorities But also on Facts about Climate Change
When it comes to addressing the crisis of our rapidly warming planet, the February 28th, 2022 report from the Intergovernmental Panel on Climate Change forcefully concluded that time is running out: “Any further delay in concerted anticipatory global action on adaptation and mitigation,” the world’s scientists wrote, “will miss a brief and rapidly closing window of opportunity to secure a livable and sustainable future for all.” Leading the world in limiting global warming to 1.5 degrees Celsius … [Read more...]
Are High Energy Prices a “Bug” in the Biden Administration?
High gasoline prices are not a "bug" in the view of the Biden Administration, but a "feature." Environmentalists with enough money to pay the premium are giddy because high prices make expensive wind and solar energy more competitive. So, forget about the days when the most cost-saving ideas win in the marketplace, we are now in the era when government policies and regulations determine market prices. Hmmm ... sounds like the old U.S.S.R., eh? How did that work out? It remains to be seen if … [Read more...]
The Right Way to Impose Energy Sanctions on Russia
In the face of Russian President Vladimir Putin’s full-scale invasion of Ukraine, the idea of expanding sanctions on Russian energy is starting to gain bipartisan traction in Congress. This is a complicated issue. Although freedom-loving nations should be ready to use every tool available to push back against the authoritarian greed of Putin, energy sanctions are a double-edged sword. It’s worth thinking through the implications in order to come as close as possible to … [Read more...]
Hundred-Year-Old Mistake Comes Back to Bite US
In 1920, to protect American shipping from foreign competition, Congress passed the Merchant Marine Act, also known as the Jones Act. Section 27 requires that ships carrying goods from one US port to another be built and flagged in the US and owned and crewed mostly by Americans. While they can make sense in terms of national defense if they prevent the country from becoming dependent on hostile foreign nations for commodities and manufactured goods critical for national defense, such … [Read more...]
New Cobalt Mine in Idaho Could Start a Trend Good for People and the Planet
Regardless how stringent climate policies are, or how rapidly we move from internal combustion to electric vehicles, increasing battery needs around the world presage a huge increase in demand for cobalt. Right now, as Ronald Stein and Todd Royal demonstrate in their book Clean Energy Exploitations, most of the world’s cobalt comes from mines with very low environmental protection standards and huge human rights problems—child and slave labor in highly toxic settings, sometimes at the point … [Read more...]
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