Wyoming Sues Biden Administration over Fossil Fuel Ban

Rep. Harriet Hageman

The Bureau of Land Management (BLM) has been chipping away at the oil, gas and coal industries ever since President Joe Biden took office. Wyoming is an energy state that produces half the nation’s coal, as well as part of its oil and gas output. Since the federal government owns nearly half the state’s land, virtually all oil, gas and coal operations in the Cowboy State are heavily impacted by every rule the BLM throws at fossil fuels.

Although the Biden administration is waging war on fossil fuels, Wyoming is fighting back. The state, along with Utah, filed a lawsuit against the agency last Tuesday over its restoration lease program, and Rep. Harriett Hageman, R-Wyo., is rolling out legislation to fight back against the BLM’s proposed ban on federal coal leases.

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Commentary: Geopolitics and Demand Growth Underpin Need for Commonsense Energy Policies

Oil rig

The U.S. energy sector finds itself in a precarious position. Increasing geopolitical volatility and strong energy demand forecasts could spell trouble domestically in the future. The U.S. needs to stop hamstringing American energy companies and invest in the nation’s infrastructure, such as pipelines, processing, and production.

If we have learned anything in the last two and a half years, it’s that the U.S.’ energy industry is not free from geopolitical chaos globally. Russia’s invasion of Ukraine, the Houthi’s attacks in Yemen backed by Iran and turmoil in the Middle East have very real repercussions for the average American. We may not be as intensely intertwined with those realities as our European allies, but energy is a global market with implications for domestic prices, supply, and demand. While different events can affect prices at home, there are steps the administration can take to protect our energy sector.

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New England Outages Point to Grid Issues That Are Often Blamed on ‘Extreme Weather’

Power Grids

Storms in New England over the weekend have left thousands of people without power. Government data and studies show that these weather-related outages are becoming more frequent and lasting longer, which is often attributed to climate change, but analyses of grid resilience and research into disaster costs question that conclusion.  

In New York, about 55,000 people were without power on Monday morning after a storm brought high winds and two to four inches of rain, according to The New York Post. The same storm left as many as 45,000 households without power Monday morning, NJ.com reported. As of 10 a.m. Eastern Standard Time Monday, 226,626 residents of Maine were without power, and local Maine television stations say the worst may be yet to come.

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Power Grid Watchdog Warns of Future Blackouts, Need for Natural Gas to Support Renewables

Power Grid

The watchdog overseeing the North American power grid warns that the combination of rapid retirement of coal-fired electricity generation and the increasing reliance on wind and solar are risking large swaths of the United States with blackouts during heat waves and cold snaps.

“This assessment provides clear evidence of growing resource adequacy concerns over the next 10 years,” the latest report states. The North American Electric Reliability Corporation (NERC) produces annual long-term assessments of potential electricity shortfalls over the next decade. In its latest long-term assessment published Wednesday, NERC stated that a priority action to ensure more grid reliability is increasing natural gas supply infrastructure.

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Commentary: Mounting Evidence That ‘Net-Zero’ Carbon Emissions Isn’t Achievable

Power Plant

Arizona State University President Michael Crow believes we are in such danger that we should amend the U.S. Constitution to empower the government to deal more expansively with climate change. Crow’s view that constitutional protections of our liberties should be eliminated when they become inconvenient wouldn’t square with the founders, but his estimate of the dangers and required remedies for our changing climate are quite mainstream in our society.

“Net zero by 2050” has become an article of faith among our corporate and academic elites, no longer requiring proof or intellectual defense. The notion that we must eliminate or “offset” all carbon emissions by mid-century if we want to save the planet is the organizing principle for ESG investing. ESG is the consideration of environmental issues, social issues, and corporate governance issues when deciding what companies to invest in. In 2022, it was mentioned more than 6000 times in corporate filings with the Securities and Exchange Commission.

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Over Half the Country at Risk of ‘Energy Emergencies’ This Summer, Electric Grid Analysis Shows

Millions of Americans across the Midwest, Southwest and West are expected to face blackouts throughout the summer months, an industry analysis concluded.

A variety of factors, including drought conditions and low wind conditions, are expected to put Americans in roughly 28 states at risk of experiencing blackouts this summer, according to a report from the North American Electric Reliability Corporation (NERC), a U.S. regulatory authority, published Wednesday. The region managed by the Midcontinent Independent System Operator (MISO) across 15 Midwest states is at the highest risk of “energy emergencies” during the summer due to capacity shortfalls, the analysis showed.

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