The Institute for Energy Research explains how detrimental the president’s recent actions are. “President Biden’s Interior Department has revoked seven remaining oil and natural gas leases in Alaska’s Arctic National Wildlife Refuge that were sold during the Trump administration and unveiled a proposal to ban new leasing and development on 10.6 million acres of the 23-million-acre National Petroleum Reserve-Alaska….
Tag: institute for energy research
No, President Biden, Most of Those Shuttered Refineries Will Not Come Back
The Institute for Energy Research (IER) analyzed the condition of refining and concluded that most closed refining units will stay closed. “About 375,000 barrels per day of the 1.482 million barrels per day of North American refining capacity shuttered since June 2019 may be eligible for restart. President Biden could make it easier for these…
U.S. Coal Use Surged by 35 Percent in First Six Months of 2021
The Energy Information Administration (EIA) has released statistics on energy production for the first six months of 2021, comparing it to the same period in 2020. Coal was the winner. Commenting on the figures, the Institute for Energy Research wrote recently: “Coal is up an impressive 35 percent while the higher price of natural gas…