New Report Contradicts Democrats, Confirms Biden’s Oil War
TL/DR –
The American Energy Alliance (AEA) has documented 50 actions taken to boost US energy production by the Trump administration and Congressional Republicans since January 20. Key actions include the signing of 200 executive orders by President Trump, including a declaration of a national energy emergency, an end to a pause on liquified natural gas export permits, and withdrawal from the Paris Agreement. Meanwhile, during the Biden administration, the AEA noted several hundred actions taken to impede oil and gas production, despite record-high oil and gas production rates, leading to conflicting arguments about the administration’s stance on fossil fuels.
The American Energy Alliance’s Analysis of the GOP’s Proactive Energy Policy
The American Energy Alliance (AEA) has compiled a list of 50 actions the Trump administration and Congressional Republicans have taken since January 20 to enhance US energy production. Additionally, the AEA has observed hundreds of decisions made under the Biden administration that constrained oil and gas production.
President Trump kickstarted his term with 200 executive orders, including a declaration of a national energy emergency, reversing Biden’s pause on natural gas export permits, and a decision to withdraw the US from the Paris Agreement. Congressional action to repeal the Inflation Reduction Act’s methane fee and the Environmental Protection Agency’s plan to review 31 Biden-era regulations are also highlighted.
Record Oil and Gas Production Despite Numerous Obstacles
Despite its attempts to limit the industry, the Biden administration saw record-high oil and gas production. Nonetheless, the AEA cataloged hundreds of actions taken by the administration and Congressional Democrats to hinder the industry. For instance, Biden’s Inflation Reduction Act and the cancellation of oil and gas leasing in the Arctic National Wildlife Refuge and in Alaska’s Cook Inlet added to the industry’s challenges.
The AEA subsequently released a report of 250 actions that made it harder for companies to produce oil and gas. In contrast, the latest AEA report reveals a complete U-turn on energy policy under the Trump administration.
‘War on Energy’ or ‘Conspiracy Theory’?
Some Democrats now deny that there was a war on fossil fuels, referencing the record-high production rates under the Biden administration as evidence. They argue that these figures contradict claims of an intentional effort to harm the oil and gas industry. However, the Democrats’ stance on fossil fuels and climate change suggests a more nuanced perspective.
An Inconvenient Fact
Many Democrats have made seemingly contradictory statements regarding oil and gas production and climate change. While touting high production rates under the Biden administration, they also cite the escalating costs of climate-related natural disasters as reason to transition away from fossil fuels.
Stevens, from the Institute for Energy Research, suggests that the impacts of the Biden administration’s actions mainly affected long-term upstream investments, the exploration and production side of the industry. This approach has softened any immediate impacts on production.
Revisiting the Notion of Regulatory Hostility
The AEA has documented hundreds of actions that the Biden administration took to curb oil production as part of its climate agenda. In contrast, the Trump administration is taking a radically different direction. Alex Epstein, president of the Center for Industrial Progress, argued that record production occurred despite the Biden administration’s policies, not because of them.
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