Free Republic

Distillate levels in the United States have plummeted to the lowest levels since 2008.. Low distillate inventories have sent diesel prices soaring. ... The primary distillates are diesel, jet fuel ,and heating oil). However, in 2008 distillate levels were low coming out of spring. Currently, they are low going into fall. That’s far worse than the situation in 2008. Distillate demand generally spikes in spring — when farmers are planting crops — and in fall, when they are harvesting those crops and people start buying fuel oil for winter. Thus, a low distillate inventory in late April 2008 isn’t quite...

I’m amazed at how leftists will continue to lick the boots of their political master, Gropey Joe Biden, even when his decisions have a devastating effect on their financial lives. The price of gas is insane. Your liberal sister-in-law is blaming Putin’s invasion of Ukraine for the price hike. But facts are kryptonite to our bolshie friends and family. Check out this graph from gasbuddy.com that shows just how much gas has gone up since Biden took over (it actually started to rise after the November 2020 election). The energy sector saw the writing on the wall. ... Gas has...

The green nutters in this country, like basically all Democrats are obviously on the side of Russia. While they prevent oil drilling and fracking on US lands, and Biden kills the Keystone XL pipeline, this country continues to import nearly 600,000 barrels of Russian oil per day. You have to ask yourself, why the hell are we still important Russian oil with the “threat of war” with the Ukraine, if Putin is such a baddie? The answer is simple. As is the case with communist China, communist Democrats love Russia and envy Putin. They would never cut off his oil...

If you ever needed any proof for your left-wing friends that the current administration or, for that matter, progressives in general care nothing for anyone but themselves, look no further than the latest potential move by the Biden administration to rob Americans of their ability to heat their homes or run their cars this coming winter. The administration (and I use that term loosely) is mulling shutting down an oil pipeline in Michigan as the Midwest moves into the coldest time of the year. I grew up in Ohio and did my undergrad work in Michigan and I can tell...

With winter ahead and a gas crunch in Europe, the demand picture appears promising. But demand destruction could be imminent as prices climb higher, some experts are warning. Higher energy prices will also fuel even higher inflation, which poses a significant threat to demand. The current energy market picture is looking good for oil bulls. International benchmark Brent crude passed the long-anticipated threshold of $80 per barrel on Tuesday, though it’s since slipped back down to trade at $78.47 as of Wednesday at 10:30 a.m. in London. West Texas Intermediate was trading at $74.73 per barrel around the same time....

Canada’s TC Energy Corp. TRP 0.59% and the Albertan provincial government said Wednesday they would scuttle the Keystone XL oil pipeline project, bringing to an end a years long controversy over an effort to pipe more Canadian crude to the U.S. The decision had been expected after President Biden used his first day in office to revoke a key permit for the pipeline to cross the country’s northern border, shutting down construction. It marks a historic victory for environmentalists who for a decade have made Keystone XL the focus of a campaign to block new pipeline construction as a way...

Russian President Vladimir Putin has announced that laying the pipes for the first of two lines of the prospective Nord Stream 2 pipeline to Germany has now been "successfully completed." Addressing an economic forum in St. Petersburg on June 4, Putin also said that "work on the second line is continuing." While the underwater section still needs to be linked to the section on German territory, Russian energy giant Gazprom "is ready to start filing Nord Stream 2 with gas," he added. Gazprom shares went up 0.6 percent after Putin's comments, reaching 273.80 rubles ($3.74) -- their highest level since...

The first 80 days of the Biden administration have been a nightmare for Americans who love our constitution and appreciate limited government. On Thursday, President Joe Biden announced another batch of executive orders, in this case, dealing with expanding gun control. It follows a blizzard of executive orders he has issued since his inauguration. Biden is proving his "woke" credentials by pursuing a full-fledged progressive agenda. Although all leftist dreams have not been realized, dramatic action on their agenda has occurred in the first 80 days of the Biden administration. This has happened despite a disputed election in which Biden...

From killing the Keystone XL pipeline to seeking to extend a flawed New START treaty, President Biden's first two days in office were great for Moscow.Since assuming office last Wednesday, President Joe Biden has been busy issuing more than two dozen executive decisions that will profoundly affect domestic affairs and foreign policies. Among his foreign polices directives, two decisions stand out. They’ll benefit Russia at the expense of the interests of our allies, American workers, and America’s national security. The first executive decision that benefits Russia was Biden’s executive order to rescind the permit for the Keystone XL pipeline. The...

Now a four-day old video. Still, it shows how Biden (like Obama) doesn't care about American jobs or Americans paying higher gas prices.

Canadian pipeline operator TC Energy is moving forward with plans to build the controversial Keystone XL Pipeline, a project to move heavy crude oil from the tar sands region of Canada to Nebraska where it will then move on to refineries in Illinois and along the Gulf Coast. After years of legal battles, TC Energy confirmed Tuesday morning that the company plans to invest $8 billion on the crude oil pipeline project. The controversial pipeline project faced opposition and legal challenges from Native American groups, environmentalists and landowners. “We appreciate the ongoing backing of landowners, customers, Indigenous groups and numerous...

There's been a Friday afternoon stabbing attack in the city center of Melbourne, Australia with one dead and two injured. Police are now saying the attacker was known to police and Australia's intelligence service..... The man who killed 12 people at a bar in Thousand Oaks, California late Wednesday night has been identified as Ian David Long. Long, 28, served in the US Marine Corps and was in Afghanistan..... There's been a new rule announced giving President Trump authority to declare migrants entering the US illegally not eligible for asylum...... Election 2018 will continue with the recounts of the US...

Some people still can't stomach the idea of a Donald Trump presidency and so remain in denial about his mounting policy successes, but their resistance is looking increasingly proud and petty. It's risky to predict future trends, especially the political fortunes of government leaders and the results they might achieve, because there are so many moving parts. We've seen so much volatility and fluidity, and we have a plethora of unknowns. So I admit that it would be foolish to take for granted that President Trump will continue to rack up remarkable, substantive policy achievements, but it would be...

As one of his first acts as president, Donald Trump signed presidential memoranda to revive both the KeystoneXL and Dakota Access pipelines by expediting the environmental review process. The Dakota Access pipeline is now in full operation. TransCanada’s annual report gives us an update on the Keystone XL pipeline.

Energy Transfer Partners, the developer behind the so-called DAPL, is scheduled to start delivering oil on May 14 to Illinois, according to filings from the Federal Energy Regulatory Commission. The oil project is expected to transport more than 500,000 barrels of oil a year across the eastern section of the country. ... The Obama administration rejected the previously approved pipeline last December ... President Donald Trump eventually issued orders approving the DAPL in January ... many demonstrators have begun diverting their attention to the equally contentious Keystone XL Pipeline, another oil pipeline Trump approved through executive order. Obama originally rejected...

The Clinton campaign debated whether to come out against the Keystone XL pipeline in August 2015 as a way to turn attention away from her secret email server and the bad press she was generating, according to messages hacked from her campaign chairman’s account and released Monday by WikiLeaks. ... The campaign’s willingness to use Keystone to shift attention from Mrs. Clinton’s troubles over her secret email server is a signal of just how troublesome those emails were.

Well, that didn't take long at all. When Canadians went to the polls and kicked out the nasty conservatives in favor of an all liberal, all the time government, we were pretty sure there were some big changes coming. Among them were, no doubt, plans to fight carbon and save the planet, which is as hot of a topic among Canadian liberals as it is in the lower 48. That expectation was met quite rapidly with Justin Trudeau's announcement that he was getting ready to ban (wait for it) oil tankers off the west coast. (Yahoo News) Campaign promises often...

Barack Hussein Obama, Joe Biden and John Kerry walk into a room…BO, Joe and Jean arrive for the Keystone Pipeline funeralQuestion: how many degrees does the ambient I.Q. drop?Yesterday, after 6 years of courting environmentalists, El Presidente finally stuck a fork in the Keystone Pipeline. Because he is the Decider.And besides, who needs energy independence now that the Decider has stabilized relations with all the oil producing companies in the Middle East?  Indeed, who needs to rely on any of those disgusting fossil fuels when our Decider has paved the way for alternate energy sources like wind, solar, algae and...

Abundant, reliable, affordable oil and natural gas empower people. They support job creation, mobility, modern agriculture, homes and hospitals, computers and communications, lights and refrigerators, life and study after sundown, indoor plumbing, safe drinking water, less disease and longer lives. Hydrocarbons make plastics, pharmaceuticals and synthetic clothing. They create fertilizers and pesticides, to improve crop yields, reduce food prices and improve nutrition. But Sierra Club, 350.org and other radicals want to keep America’s oil and natural gas bounties in the ground. They block leasing, drilling and fracking. They block pipelines that transport oil and gas to refineries, power plants, factories...

Capitol Hill conservatives are looking to lock down their first victory of the 114th Congress if the they can succeed with the reinvention of the Terrorism Risk Insurance Act by Rep. Jeb. Hensarling (R.-Texas), which Jan. 7 passed the House 416 to 5. Virtually the same bill Hensarling, the chairman of the House Financial Services Committee, authored and passed the House in the last session 417 to 7. In December, the TRIA was allowed to expire when the strange bedfellows, Sen. Charles E. Schumer (D.-N.Y.) and President Barack Obama teaming up with the then-Republican senator from Oklahoma Thomas A. Coburn,...