Republicans will take over control of the House of Representatives in 2023. What does this mean for energy policy? Let’s discuss. There are two major areas in which Republicans could have an impact on energy […]
Fact-Checking Donald Trump On The Strategic Petroleum Reserve
Last week, as expected, former President Donald Trump announced he is throwing his hat in the ring for the 2024 presidential election. The move was widely expected, and as he is prone to do, Trump […]
Why The U.S. Has Lost Oil Refining Capacity
One of the under-reported factors behind the ongoing diesel shortage is the loss of U.S. refining capacity since the start of the Covid-19 pandemic. Today I will discuss the factors that led to this loss. […]
Why Is Diesel Being Exported During A Shortage?
Following my recent article — Why The U.S. Has A Diesel Shortage — one reader pointed out that I omitted one factor from my analysis. Even as the U.S. grapples with one of the worst […]
Why The U.S. Has A Diesel Shortage
Last week, the Energy Information Administration (EIA) reported that distillate inventories were at their lowest levels since 2008. (The primary distillates are diesel, jet fuel ,and heating oil). However, in 2008 distillate levels were low […]
The Keystone XL Pipeline Was An Insurance Policy Against Russia And OPEC
The U.S. is rapidly depleting our Strategic Petroleum Reserve (SPR) and is now begging Saudi Arabia and OPEC not to cut oil production. This is a result of the unintended — but predictable — consequences […]
How Saudi Arabia Took Advantage Of President Biden
In December 1975, when memories of gas lines were fresh on the minds of Americans as a result of the 1973 OPEC oil embargo, Congress established the Strategic Petroleum Reserve (SPR). The law was designed […]
OPEC Spurns Biden’s Advances
I tell people that to understand OPEC, you have to put yourself in their position. Their objective is to maximize the value of the oil they have in the ground. That objective is directly contrary […]
U.S. Energy Independence Has Grown
I am often asked if the U.S. is energy independent, or whether we have ever been energy independent. A claim I frequently encounter is that President Trump made us energy independent, and we lost that […]
Why Natural Gas Prices Quadrupled In Two Years
Following my previous article on U.S. natural gas production, I engaged in a Twitter discussion on the causes of the natural gas price surge over the past two years. I'm not so sure this article […]