Free Republic

As a result of his domestic war on the oil and gas industry, energy prices for American families continue to hit records with no relief in sight. For months, President Joe Biden has repeatedly tapped the Strategic Petroleum Reserve and claimed it was helping to ease the pain at the pump. Not only has the depletion of the emergency supply not decreased gas prices, we're learning the supply is being sold to foreign countries. "More than 5 million barrels of oil that were part of a historic U.S. emergency oil reserves release aimed at lowering domestic fuel prices were exported...

herapists advise against making major decisions when you’re highly emotional. Democrats should heed that advice and stop proposing rash ways to lower gasoline prices. With pump prices now averaging $4.33 per gallon, President Biden and his fellow Democrats in Congress clearly worry that motorist pain could doom them in the November midterm elections. Biden’s Energy Secretary, Jennifer Granholm, practically begged U.S. energy firms to produce more oil at an industry conference on March 9. Biden officials are pleading with Middle East drillers and even pariah nation Venezuela to boost supply. Some Democrats in Congress want to impose a new “windfall...

The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and complicating the fight against inflation in the United States. China, the world’s largest oil importer, will probably strain to reach this year’s economic growth target, while developing countries in North Africa and the Middle East confront the danger of social unrest over rising energy and food costs, economists said. The interruption of Russian oil shipments, including the U.S. import ban that President Biden announced Tuesday, represents one of the largest supply disruptions since...

The White House's energy agenda is under fire as gasoline tops $4.17 per gallon. Republicans argue that President Joe Biden's temporary freeze on new drilling leases and other initiatives centered on clean energy have hurt the country's ability to produce its own oil and gas. Their criticism has ramped up as the conflict between Russia and Ukraine throws the global energy market into a tailspin, driving the price of crude oil up to $129 per barrel. "You talk about weakness on the part of Joe Biden. He comes to office, and what does he do?" Representative Josh Hawley said at...

White House press secretary Jen Psaki on Monday grew short fending off questions about why President Biden isn't doing more to increase domestic oil production as she insisted that Vladimir Putin was to blame for sky-high gas prices. The press secretary also said that the White House has not yet reached a decision on whether to ban Russian oil and gas, which accounted for about 8 percent of US petroleum imports in 2021. 'We're asking other countries to think about maybe pumping more oil. Why not just do it here?' Fox News' Peter Doocy asked the press secretary. 'To be...

The current crop of engines will apparently be Hyundai's final fuel burners. The electric push is on as manufacturers race to position themselves for an EV future. Many companies have made verbal commitments to going all-electric, but Hyundai could be taking a bold step by ending the development of future internal combustion engines right now. That's the word in a report from Business Korea. In an article that dropped just before Christmas, the report claims Hyundai Motor Group officially cut its engine development department at the company's Namyang Research Institute south of Seoul. The report also states the automaker's powertrain...

To slow its production of pickup trucks and sport utility vehicles, the Toyota plant in Princeton, Ind., is letting employees decide if they will come to work on six days between now and August. The company announced today that it would refrain from producing the Tundra pickup truck and Sequoia SUV at the Princeton plant on six days before the end of August. Both vehicles are made in the west side of Toyota's factory in Princeton. The "nonproduction days" will affect about half of the 4,500 employees at the plant. The other half works in the east side of the...

A Canadian company has developed a new, more efficient process to make the alternative fuel ethanol from farm waste. With today's high oil prices, experts hope the new technology could reduce demand on fossil fuels and increase energy security. "In the past, ethanol fuel use has been limited, because the cost of production was too high," said Jim Easterly, a Washington, D.C.-based bioenergy consultant. "Ethanol produced from corn kernels and wheat grain has historically been more expensive than gasoline produced from oil." Producing corn-based ethanol, for example, uses energy from oil and electricity for everything from growing the corn to...

TULLAHOMA, Tenn. — The still — standard equipment of any moonshiner — has a shot at becoming the must-have accessory of penny-pinching motorists. An upstart Tennessee business is marketing stills that can be set up as private distilleries making ethanol — 190 proof grain alcohol — out of fermented starchy crops such as corn, apples or sugar cane. The company claims the still's output can reduce fuel costs by nearly a third from the pump price of gasoline.

Just curious what everybody else is having to pay for gas now. Prices just shot up to $3.00/gallon for the low grade. Yikes!