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Rising Global Oil Demand and the Case for Increased U.S. Production Amidst Energy Policy Debate
Global oil demand is still on an upward trajectory as the International Energy Agency (IEA) expects it to rise to 1.2 million barrels per day (bpd). Pointing to macroeconomic challenges, the agency increased its 2024 growth projection from 130,000 bpd to 180,000 bpd. Despite the administration’s host of de-facto mandates and hostile energy policies, the…
The Important Push for Northeast Pipeline Infrastructure
The Northeast region of the United States has struggled with energy supply constraints in the past, in part due to insufficient natural gas pipeline infrastructure. Recent discussions within the Trump administration underscore the need for increased pipeline infrastructure and signal a renewed commitment to addressing this issue. Enhancing Northeast energy infrastructure is critical for ensuring…
Electric Vehicles Are Revitalizing… Coal Plants
Transitioning our nation’s mode of transportation from traditional combustion engines to electric vehicles has been a key component of the Biden administration’s climate goals. Biden’s EV infatuation has manifested itself in multiple policies, such as subsidies in the Inflation Reduction Act (IRA) and proposed regulations by the Environmental Protection Agency (EPA) that will push auto…