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Sunday, November 24, 2024

ENERGY

Record Diesel Prices Fueling Higher Inflation

(Gregg Pupecki, Headline USA) The price of a gallon of diesel fuel across the nation has risen to record highs this week, prompting warnings from economists. https://twitter.com/javierblas/status/1520413072850132993?s=21 The Boston Herald reported that the national average for diesel is $5.42 per gallon, compared to $6.10 in Massachusetts. The price doubled from a year...

OPEC Plans Gradual Boost in Production, Despite Growing Need from Russia Sanctions

(Headline USA) In another example highlighting the importance of a country's ability to achieve energy independence, where the U.S. was headed under for President Donald Trump, OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian...

Newsom Flip-Flops on Closing Calif.’s Last Nuclear Plant

(Joshua Paladino, Headline USA) Faced with a failing power grid, California Gov. Gavin Newsom may let the state's last-remaining nuclear power plant keep operating past its planned shutdown date in 2025, Legal Insurrection reported. Newsom said the Diablo Canyon Nuclear Power Plant in San Luis Obispo County should file with...

Ga. OKs $1.5B Incentive Bribes for Rivian’s Electric Vehicle Plant

(Headline USA) The state of Georgia and local governments will give Rivian Automotive $1.5 billion of bribe incentives to build a 7,500-job, $5 billion electric vehicle plant east of Atlanta, according to documents the company and state signed Monday. Georgia Economic Development Commissioner Pat Wilson said the size of the...

Supply Chain for Green Energy is Nearly Nonexistent

(Joshua Paladino, Headline USA) As renewable energy prices soar and investments flatline, the CEO of Rivian, an electric vehicle company, said that the supply chain for battery cell production virtually "does not exist," the Daily Caller reported. Rivian CEO RJ Scaringe said President Joe Biden has demanded that automakers sell...

New Gas Pipeline Boosts Europe’s Bid to Ease Russian Supply

(Headline USA) Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its heavy reliance on Russian natural gas. A new pipeline — built during the COVID-19 pandemic, tested and due...

Befuddled Biden Admits Energy Policy Designed to Spike Gas Prices, Spur Radical Environmental Agenda

(Mark Pellin, Headline USA) It took less than a half-hour for President Joe Biden to simultaneously ignite renewed questions and concerns about his apparent cognitive decline, while tacitly admitting to using high gas prices that his policies helped create to push a radical environmental agenda. During a staged presser, Biden was...

GOP PAC Raises Money with Biden-Themed Gas Canisters

(Jacob Bruns, Headline USA) The Republican State Leadership Committee has created a Biden-themed gas can to raise money and help people save up on gas before Biden's war on fossil fuels causes prices to spike even more. The gas can is plastered with an image of a masked Joe Biden...

Movement Grows to Impeach Homeland Security Shill Mayorkas

(Molly Bruns, Headline USA) GOP lawmakers are reportedly preparing to impeach Department of Homeland Security Secretary Alejandro Mayorkas, Daily Caller reported. According to Axios, many Republican leaders are keen for this opportunity as the Republican Study Committee prepares to present their case. However, House Minority Leader Kevin McCarthy has stated that...

Biden’s Depletion of US Oil Reserves in Non-Emergency May Be Illegal

(Joshua Paladino, Headline USA) President Joe Biden has ordered the nation's Strategic Petroleum Reserve to release 180 million barrels of oil over the next 180 days to reduce gas prices, which a former Trump administration official said may violate the law. Using oil reserves as an economic tool seems to...

Oil Exec Reveals Biden ‘Working Against Us, Not With Us’

(Alex Tien, Headline USA) Some of the biggest issues facing voters leading up to the 2022 midterm elections will be rising inflation, as well as record high gas prices. With average oil prices well over $4 a gallon, many Democrat leaders have shirked responsibility in many directions, speaking about the ongoing...

Pa. Man Arrested after Putting Biden ‘I Did That’ Decals on Gas Pumps

(Alex Tien, Headline USA) As gas prices continue to inflict severe pain on Americans' wallets, patriots across the country have been harmlessly poking fun at the man seen as most responsible for the increase: President Joe Biden. Over the past few months, more and more stickers of a smirking Biden...
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