Free Our Energy Sector From Crippling Regulations and Inflationary Spending on So-Called “Green Ener

[rangerrebew]

Free Our Energy Sector From Crippling Regulations and Inflationary Spending on So-Called “Green Energy”
14 hours ago Guest Blogger 36 Comments
By John R. Hays, Jr.

President Donald Trump now has a second opportunity to free the U.S. energy industry from unnecessary and expensive regulations, including oppressive, senseless caps that jeopardize our energy independence and give advantage to foreign markets. 

Change is much needed, especially since Joe Biden has overturned three-quarters of Trump’s deregulatory actions that prioritized American energy independence and natural resources. Biden walked back President Trump’s sanctioning of the Keystone XL Pipeline, imposed burdensome regulations on the emissions of naturally occurring gases like methane, and circumvented the legislative process by mandating federal agencies to create wide-sweeping proposals on obtaining carbon neutrality.

Additionally, the Biden administration’s disastrous misnamed “Inflation Reduction Act” has raised energy prices, skyrocketed inflation, and has failed to provide the clean energy advancement it promised.

With Congress now on his side, President Trump can spearhead the adoption of much-needed energy reforms that have been blocked or overturned and can encourage policies that reduce costs, cultivate energy independence and stability, and put America’s interests and wellbeing first.

https://wattsupwiththat.com/2025/01/26/free-our-energy-sector-from-crippling-regulations-and-inflationary-spending-on-so-called-green-energy/

[IsailedawayfromFR]

The single biggest reason gas prices remain high.

[Smokin Joe]

Additionally, the Biden administration’s disastrous misnamed “Inflation Reduction Act” has raised energy prices, skyrocketed inflation, and has failed to provide the clean energy advancement it promised.

Okay, in keeping with Democrat bill naming practices, the actual legislation does the exact opposite of what the title suggests.

Is anyone surprised?

Go ahead, raise your hand....

Anyone?

[Fishrrman]

Isailed:
"The single biggest reason gas prices remain high."

Over the past several days, crude oil prices are trending downward.
A couple of weeks ago, up around 80.
Today, right now, 73.12.

[IsailedawayfromFR]

Isailed:
"The single biggest reason gas prices remain high."

Over the past several days, crude oil prices are trending downward.
A couple of weeks ago, up around 80.
Today, right now, 73.12.

Raw crude costs are a component, but mostly beyond one's control.  It is the other costs that are within the control is what is being zeroed in on.

Note the breakdown of costs for a gallon of gasoline in California. https://www.energy.ca.gov/estimated-gasoline-price-breakdown-and-margins. https://www.energy.ca.gov/estimated-gasoline-price-breakdown-and-margins

2/3 of the cost is the price of crude, refining and distribution, and 1/3 of the cost is taxes and environmental programs. Note the environmental represents are ONLY associated Low Carbon Fuel Standard (LCFS) and Cap and Trade Costs as Reported in the wholesale rack prices and are NOT all mandated costs having to be borne. Note included are costs for the made up cap and trade industry, designed to only create an entirely artificial and unnecessary burden on companies and the public, and only enriches a few.

What is not included in the refining and distribution are the costs the oil refiners undergo to satisfy the myriad and ridiculous gasoline formulations and other mandated items those companies are forced to comply with buried within their operations.

And of course the same applies to transportation and retail costs.  On the producing (or crude cost) side, my own experience in being in the production industry in California is that 25% of all costs a producing company incurs is associated with compliance to environmental mandates.  Hidden are the inherent delays to projects awaiting approval which have significant costs associated with them as projects await execution.

In all, I would not be surprised if half of all costs for that gallon of gasoline is in the form of taxes, mandates and environmental compliance in California effectively doubling what consumers could be paying to fill up their tanks.

Now note the spread of gasoline prices across the nation where  prices are up to $2/gal cheaper.  This is overwhelmingly due to taxes, mandates and environmental, all of which are within governmental control.  https://gasprices.aaa.com/state-gas-price-averages/