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Biden Has Taken More Than 200 Actions Against Domestic Oil, New Report Says

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From HeartlandDailyNews

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President Joe Biden and his administration have taken over 200 actions against the U.S. oil and natural gas industry as energy prices have gone up, according to a new report.

“President Biden and Democrats have a plan for American energy: make it harder to produce and more expensive to purchase,” the Institute for Energy Research states in a new report. “Since Mr. Biden took office, his administration and its allies have taken over 200 actions deliberately designed to make it harder to produce energy here in America.”

The analysis highlights actions Biden took on his first day in office, listing them chronologically through March of this year. The first act was canceling the Keystone XL pipeline, issuing a moratorium on all oil and natural gas leasing activities in the Arctic National Wildlife Refuge and revoking Trump administration executive orders that decreased regulations in order to expand domestic production.

Within a week of being in office, Biden issued additional moratoriums on new oil and gas leases on public lands or in offshore waters and imposed new regulations related to permitting and leasing practices, which were tied up in the courts for years. It was not until last month that a federal court upheld the first oil and natural gas lease sale on federal lands. Last December, the Fifth Circuit also ruled that Gulf lease sales must go forward.

Other actions ahead of the midterm elections include threatening to tax the oil and natural gas industry, blaming them for profiteering. Roughly six months before the general election, his administration has proposed $110 billion tax hikes on oil, natural gas and coal. In response, U.S. Sen. John Barrasso, R-Wyo., led a coalition of 24 senators expressing “grave concern” about his “continued hostility towards American energy production.”

IER published the report after the latest action taken to increase the cost of U.S. oil production and cancel plans to restock the Strategic Petroleum Reserve. The SPR has been depleted to roughly half of what it was when he first took office.

“President Biden had the chance to top up the SPR when prices were still low during the pandemic, but anti-oil-and-gas ideologues within the administration couldn’t bear to do anything that would help out producers when demand was low,” Kathleen Sgamma, president of Western Energy Alliance, told The Center Square. He then drained it “for political reasons and it’s long overdue to fill the SPR back up. Like many other politically driven decisions from this administration that distort energy markets, the government will have to spend more taxpayer money than if it had rational energy policies.”

Ed Longanecker, president of the Texas Independent Producers & Royalty Owners Association, told The Center Square that the Biden administration withdrawing approximately 250 million barrels from the SPR “was another dangerous example of putting politics over national security. The fact that some will believe the decision to cancel contracts to refill the SPR is due to a newly discovered fiscal consciousness is both nonsensical and alarming. Poorly conceived, albeit intentional energy policy results in higher costs for consumers, global emissions, and inflation, while putting our economy and energy security at risk.”

Daniel Turner, Founder and Executive Director for Power The Future, said instead of using American-produced oil to refill the SPR, Biden was “embracing insanity by putting the green agenda ahead of our families and our national security. Only in Joe Biden’s head does it make sense to lower costs by raising fees.” In light of Iran’s recent attacks against Israel, he said, “the world and our allies need a strong America that is fully utilizing our energy strength. Instead, the only things Joe Biden wants to strengthen is Iranian oil and Washington’s tax revenue.”

As the Biden administration imposes more fees on American oil producers, Iran’s oil exports reached $35 billion within the last 12 months, according to Iranian Labour News Agency. “Despite the reimposition of U.S. sanctions on Tehran in 2018, Chinese purchases of Iranian oil have allowed the country to maintain a positive trade balance,” Reuters reported. “Without oil exports, Iran would have registered a $16.8 billion trade deficit.”

U.S. House Republicans last month passed several bills and resolutions to strengthen the U.S. oil and natural gas industry, The Center Square reported. Only a handful of Democrats, largely from Texas, supported them.

Texas leads the U.S. in oil and natural gas production, having broken records in the last few years, The Center Square has reported. Because the majority of oil and natural gas is produced on private land and a bipartisan group of Texas elected officials and regulatory agencies are supportive of the industry, Texas has been able to achieve what most states have not.

Those in the Texas energy industry argue that, without their ingenuity and technological advancement, the U.S. would not be as energy independent as it is and prices would be higher. When the Russian-Ukrainian crisis hit, it was Texas LNG exports that provided a “lifeline” to European countries, a TIPRO analysis found.

“With so much uncertainty in the world, the need for reliable, responsibly produced energy from a stable trading partner has never been more crucial,” Texas Oil & Gas Association President Todd Staples said. “Texas is that trade partner. Our producers, pipelines, refineries, and exporters answer the call to alleviate the global energy crisis, made worse by war.”

He also argues that Texas’ production records “are not guaranteed. We cannot take for granted that this industry can continue to rewrite its record book in the face of federal policies blatantly designed to undermine progress. Delayed permits, canceled pipeline projects, closed and delayed federal leasing programs and incoherent regulations hurt American consumers and stifle our ability to deliver energy freedom and security around the world.”

Bethany Blankley is a contributor to The Center Square.

Originally published by The Center Square. Republished with permission.

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Automotive

Federal government should swiftly axe foolish EV mandate

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From the Fraser Institute

By Kenneth P. Green

Two recent events exemplify the fundamental irrationality that is Canada’s electric vehicle (EV) policy.

First, the Carney government re-committed to Justin Trudeau’s EV transition mandate that by 2035 all (that’s 100 per cent) of new car sales in Canada consist of “zero emission vehicles” including battery EVs, plug-in hybrid EVs and fuel-cell powered vehicles (which are virtually non-existent in today’s market). This policy has been a foolish idea since inception. The mass of car-buyers in Canada showed little desire to buy them in 2022, when the government announced the plan, and they still don’t want them.

Second, President Trump’s “Big Beautiful” budget bill has slashed taxpayer subsidies for buying new and used EVs, ended federal support for EV charging stations, and limited the ability of states to use fuel standards to force EVs onto the sales lot. Of course, Canada should not craft policy to simply match U.S. policy, but in light of policy changes south of the border Canadian policymakers would be wise to give their own EV policies a rethink.

And in this case, a rethink—that is, scrapping Ottawa’s mandate—would only benefit most Canadians. Indeed, most Canadians disapprove of the mandate; most do not want to buy EVs; most can’t afford to buy EVs (which are more expensive than traditional internal combustion vehicles and more expensive to insure and repair); and if they do manage to swing the cost of an EV, most will likely find it difficult to find public charging stations.

Also, consider this. Globally, the mining sector likely lacks the ability to keep up with the supply of metals needed to produce EVs and satisfy government mandates like we have in Canada, potentially further driving up production costs and ultimately sticker prices.

Finally, if you’re worried about losing the climate and environmental benefits of an EV transition, you should, well, not worry that much. The benefits of vehicle electrification for climate/environmental risk reduction have been oversold. In some circumstances EVs can help reduce GHG emissions—in others, they can make them worse. It depends on the fuel used to generate electricity used to charge them. And EVs have environmental negatives of their own—their fancy tires cause a lot of fine particulate pollution, one of the more harmful types of air pollution that can affect our health. And when they burst into flames (which they do with disturbing regularity) they spew toxic metals and plastics into the air with abandon.

So, to sum up in point form. Prime Minister Carney’s government has re-upped its commitment to the Trudeau-era 2035 EV mandate even while Canadians have shown for years that most don’t want to buy them. EVs don’t provide meaningful environmental benefits. They represent the worst of public policy (picking winning or losing technologies in mass markets). They are unjust (tax-robbing people who can’t afford them to subsidize those who can). And taxpayer-funded “investments” in EVs and EV-battery technology will likely be wasted in light of the diminishing U.S. market for Canadian EV tech.

If ever there was a policy so justifiably axed on its failed merits, it’s Ottawa’s EV mandate. Hopefully, the pragmatists we’ve heard much about since Carney’s election victory will acknowledge EV reality.

Kenneth P. Green

Senior Fellow, Fraser Institute
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Daily Caller

Trump Issues Order To End Green Energy Gravy Train, Cites National Security

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From the Daily Caller News Foundation

By Audrey Streb

President Donald Trump issued an executive order calling for the end of green energy subsidies by strengthening provisions in the One Big Beautiful Bill Act on Monday night, citing national security concerns and unnecessary costs to taxpayers.

The order argues that a heavy reliance on green energy subsidies compromise the reliability of the power grid and undermines energy independence. Trump called for the U.S. to “rapidly eliminate” federal green energy subsidies and to “build upon and strengthen” the repeal of wind and solar tax credits remaining in the reconciliation law in the order, directing the Treasury Department to enforce the phase-out of tax credits.

“For too long, the Federal Government has forced American taxpayers to subsidize expensive and unreliable energy sources like wind and solar,” the order states. “Reliance on so-called ‘green’ subsidies threatens national security by making the United States dependent on supply chains controlled by foreign adversaries.”

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Former President Joe Biden established massive green energy subsidies under his signature 2022 Inflation Reduction Act (IRA), which did not receive a single Republican vote.

The reconciliation package did not immediately terminate Biden-era federal subsidies for green energy technology, phasing them out over time instead, though some policy experts argued that drawn-out timelines could lead to an indefinite continuation of subsidies. Trump’s executive order alludes to potential loopholes in the bill, calling for a review by Secretary of the Treasury Scott Bessent to ensure that green energy projects that have a “beginning of construction” tax credit deadline are not “circumvented.”

Additionally, the executive order directs the U.S. to end taxpayer support for green energy supply chains that are controlled by foreign adversaries, alluding to China’s supply chain dominance for solar and wind. Trump also specifically highlighted costs to taxpayers, market distortions and environmental impacts of subsidized green energy development in explaining the policy.

Ahead of the reconciliation bill becoming law, Trump told Republicans that “we’ve got all the cards, and we are going to use them.” Several House Republicans noted that the president said he would use executive authority to enhance the bill and strictly enforce phase-outs, which helped persuade some conservatives to back the bill.

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