Oil & Energy News

Don’t get me wrong. I love nuclear energy and think it has the power to change the world for the better. But Congress is working its way toward creating a new, $230 million-plus subsidy program for the nuclear energy sector that’s a waste of taxpayer resources, is problematic for the industry, and that totally ignores issues…

It’s that time of year again when Congress, feeling the pressure of budget negotiations and the year’s end, provokes the issue of expired or soon-to-expire energy tax credits. Congress has on the table roughly a dozen renewable energy tax subsidies covering wind, solar, electric vehicles, biofuels, and others. There’s a host of reasons why these…

Editor's Note: This article was originally published on May 19, 2018. It has been updated to include California Gov. Gavin Newsom’s call for an investigation into oil companies, California’s recent gas price increases, and news of the state’s wildfires. A gallon of gas costs more in California than in the rest of the country for…

Over the summer, President Donald Trump tweeted that his administration was working on an ethanol package that would be “Great for all!” Now that we have the Environmental Protection Agency’s draft proposal, we can see he was half right. It’s great, all right—for the politically connected. It’s costly for everyone else. The Renewable Fuel Standard,…

According to a new report published by the International Energy Agency, the United States could become the world’s largest exporter of liquefied natural gas as soon as 2024. Growing U.S. liquefied natural gas trade builds the domestic industrial sector and supports our national security interests abroad by providing America’s allies with more energy choice and…

Americans have been relieved by the drop in gas and oil prices in recent years, but other oil-producing countries aren’t so thrilled. Last week, the Organization of the Petroleum Exporting Countries agreed to continue to pinch oil production as it desperately tries to prevent a further drop in oil prices. Strong U.S. production has caused…

There is nothing environmentally conscientious about prematurely shutting down sound infrastructure that provides clean, low-cost, reliable electricity. Unfortunately, that’s exactly what state renewable energy mandates, federal energy subsidies, and policies like the Green New Deal would do to accommodate politically preferred renewable energy technologies. A new report from the Institute for Energy Research gives Americans…

As Memorial Day kicks off the summer season, hotdogs, cold beers, and pool openings aren’t the only things on the minds of Americans. AAA expects a record 37.6 million Americans to hit the road and drive more than 50 miles for the long weekend, which means gas prices are also on their minds. Nationally, gas…

We can’t ignore the numbers when talking about the federal budget. Twenty-two trillion dollars in the hole is a scary place to be, and President Donald Trump’s budget proposes some good steps toward climbing up and out. But when we’re talking about the Department of Energy’s budget, there’s a lot more to be said. Congress…

As Americans work to file their taxes, Congress is setting to work on a package of expired tax credits this spring to enrich a few energy technologies at the expense of federal taxpayers. Sens. Charles Grassley, R-Iowa, and Ron Wyden, D-Ore., of the Senate Finance Committee last week introduced a bill that would retroactively renew…

Over the past few months, Energy Secretary Rick Perry has been delivering an important message to our country’s allies: America’s energy renaissance is your gift, too. As Perry said at the beginning of the year, “The United States is not just exporting energy, we’re exporting freedom.” Now, he’s delivering that message in person. Perry has…