Oil & Energy News

Reports on oil drilling, pipelines, and energy policy debates. Conservative analysis and commentary included from The Daily Signal.
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  • opinion

    High Gas Prices: The Pain Is the Point

    By early April, the average price for a gallon of gasoline in the U.S. had reached $4.23, up more than 78% in the 14 months since President Joe Biden took office. It’s a political albatross around his neck, but it’s one that his policy team has deliberately placed there. If the president wants to blame…
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  • opinion

    Los Angeles Prosecutors Decry Disturbing Results of DA George Gascon’s Policies

    LOS ANGELES—What is a rogue prosecutor? Why is Los Angeles County District Attorney George Gascon considered one of the most progressive prosecutors in America? How have his new policies led to a crime increase in Los Angeles?  Gascon has “really completely abandoned his responsibility to the public” as district attorney, says Kathy Cady, a former…
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  • opinion

    Rep. Debbie Lesko Reveals GOP Plan to Lower Gas Prices

    As gas and other energy prices continue to soar, Americans are desperate for relief. The question is, what does Congress plan to do about it? Rep. Debbie Lesko, a member of the House Energy and Commerce Committee, has some answers on today’s edition of “The Daily Signal Podcast.” Lesko, R-Ariz., pledges that if the GOP…
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  • news

    Oil Industry Report Warns of Massive Job Losses From Biden’s Anti-Drilling Agenda

    The Biden administration’s failure to pursue a plan for offshore oil and gas leasing will have long-term impacts on American jobs, gross domestic product, and energy security, an industry report found. American oil production would decline by roughly 500,000 barrels per day and at least 57,000 energy industry jobs would be lost if the administration…
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  • opinion

    Gas Tax Rebates, Suspensions Are Gimmicky ‘Solutions’ to Problem Government Caused

    Across President Joe Biden’s America, motorists are suffering from gas pains. In Chicago, for example, on March 25, the average price for a gallon of regular was $4.85. Two years earlier, on March 25, 2020, when Donald Trump was president, the price there was $2.16. In Los Angeles, the price late last week was $5.91,…
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  • opinion

    America Can Take These Steps Toward Energy Independence, Rep. Garret Graves Explains

    As gas prices rise, the Biden administration is “looking for someone to blame, and unfortunately they really just need to turn and look at themselves,” Rep. Garret Graves, R-La., says.  The Biden administration “talks about environmental sustainability, [but] they don’t think about economic sustainability as well,” Graves says, adding that when it comes to energy…
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  • opinion

    US Is World’s Largest Oil and Natural Gas Producer—Despite Biden’s Energy-Constraining Policies

    American energy producers have been punching above their weight, making the U.S. the largest producer of oil and natural gas in the world in less than a decade—with one major caveat. But the good news first. Take liquid natural gas for starters. In October 2021, LNG exporters in the U.S. were operating beyond capacity. And…
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  • news

    Oil Soars Beyond $100 Per Barrel for First Time Since 2014

    The worldwide price of crude oil skyrocketed to more than $100 per barrel for the first time since 2014 as Russia launched a full-scale offensive against Ukraine. The Brent crude index, the global oil benchmark, hit $101.66 per barrel Thursday morning, surging more than 4% overnight. The U.S. WTI index skyrocketed nearly 7% to $98.69 per barrel Thursday,…
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  • news

    Lawsuit Alleges Illegal Tactics in House Democrats’ Climate Probe of Oil Companies

    House Democrats are using privately funded staff to investigate oil companies for spreading “disinformation” on climate change, a possible violation of federal law and the chamber’s own rules, a lawsuit alleges.  A spokesperson for Democrats on the House Oversight and Reform Committee, which is conducting the yearlong investigation, said the committee has followed all relevant…
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  • opinion

    Costly Energy, Climate Policies in Democrats’ Spending Bill Lack Transparency

    Unprecedented is an understatement to describe what’s happening in Congress right now. House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Chuck Schumer, D-N.Y., are driving Congress to pass a $3.5 trillion spending package to go along with the more than $1 trillion infrastructure bill that passed the Senate in August. Transparency and debate are…
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  • opinion

    Free Trade and Clean Energy Go Together

    “Clean energy” has become a shorthand term for the broad policy debate on how to achieve environmentally safe economic growth and enhance America’s energy security. A joint study recently published by the World Trade Organization and the International Renewable Energy Agency looks at how policies that promote open trade can support cost reductions, product development,…
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  • opinion

    High Gasoline Prices and Biden’s Confusing OPEC Request on Oil Production

    In the face of persistently high U.S. gasoline prices this summer, national security adviser Jake Sullivan announced last week that the Biden administration was “engaging with relevant OPEC+ members” to increase oil production. Not only is this confusing because OPEC+ is a cartel of nations competing against private American companies and includes political adversaries of…
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  • opinion

    Pegasus Spyware Revelations a Cautionary Tale of Digital Authoritarianism

    As cybersecurity technology becomes more powerful, so has the technology that is used to hack phones, computers, and other devices. When this technology falls into the wrong hands—for example, a totalitarian government—it can be exploited to create a nightmare scenario for millions of people. Unfortunately, such a scenario recently occurred in multiple countries using Pegasus,…
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  • opinion

    Federal Spending Alone Can’t Buy Energy Innovation

    Committees in the House and Senate are scheduled Thursday to hold hearings on energy innovation. The hearings come in the wake of the American Jobs Plan and the Biden administration’s budget, including massive proposals for taxpayer-backed research, development, demonstration, and commercialization, particularly for energy technologies.     While there is a role for the federal government,…
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  • opinion

    Tax Incentives Are No Way to Drive Energy Innovation. Here’s Why.

    The best ways to tame environmentally harmful emissions is to allow the private sector to innovate cleaner and more efficient ways to produce, distribute, and use energy. Unfortunately, government subsidies, mandates, and other regulations largely fail to spur such developments, and instead bolster government-favored technologies. The latest example of this is a  recent proposal from…
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  • opinion

    First Woman to Lead House Energy and Commerce Panel Now Fights Left’s Job-Killing Agenda

    Rep. Cathy McMorris Rodgers, R-Wash., was the first woman ever elected chairman of the House Energy and Commerce Committee. And now, as the ranking Republican on the panel, McMorris Rodgers is pushing back on the far left’s harmful climate policies and fighting to protect American jobs.  McMorris Rodgers joins the show to talk about that and to discuss…
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  • opinion

    Meet George Gascón, the Rogue Prosecutor Whose Policies Are Wreaking Havoc in Los Angeles

    This commentary is part of a series on the rogue prosecutors around the country who have been backed by liberal billionaires such as George Soros and Cari Tuna, and the threat those prosecutors pose to crime victims and others alike. Previous entries in the series focused on prosecutors in Baltimore, Philadelphia, Chicago, Boston, and Fairfax County, Virginia, and potential U.S….
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  • opinion

    Green Energy Leaves Americans Out in the Cold in More Ways Than One

    February gave Texas the cold shoulder this weekend as an extreme winter storm pounded the entire state. As of this morning, power had not been restored to more than 4 million Texans. Hundreds of thousands have also lost water after the water treatment plants in Fort Worth, Abilene, and elsewhere suffered power outages. A handful of…
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  • news

    Biden’s Energy Nominee Divvied Taxpayers’ Millions to Alternative Startups That Went Bankrupt

    President Joe Biden’s nominee to head the Department of Energy, Jennifer Granholm, divvied out millions in taxpayer funds during her two terms as Michigan governor to alternative energy companies that eventually went bankrupt. In one instance, Granholm’s administration provided a $9.1 million refundable tax credit to a renewable energy company registered to the address of…
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  • opinion

    Millions in Africa Being Sacrificed to Extreme Poverty, Premature Death on Altar of ‘Green Energy’

    Obama-era policies that favor so-called green energy over coal-fired electricity are dooming millions of Africans to lives of extreme poverty, environmental degradation, and increased risk of early death, according to a new analysis by the CO2 Coalition. The study by the Arlington, Virginia-based coalition of 60 climate scientists and energy engineers contends that inadequate access…
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