The Willow Project

Monday, March 13, 2023 the Biden administration announced plans of approval for the Willow oil and gas drilling project in Alaska proposed by ConocoPhillips. The $7 billion project which is estimated to yield 600 million bbls of oil, is located in a 23 million acre area of Alaska’s North Slope. ConocoPhillips touts the $17 billion […]

Read More

Last Scheduled SPR Release?

President Biden announced earlier this week that there will be an additional release of crude oil from the Strategic Petroleum Reserve (SPR).  The scheduled release of ten to fifteen million barrels of crude oil by the Biden Administration in December is the last of the one hundred eighty million barrels President Biden authorized in March […]

Read More

A new EPA standard

On Monday, December 20th, President Joe Biden committed to raising the average fuel mileage on new vehicles to 40 MPG in passenger cars and light duty trucks.  EPA standards will be improved upon annually until the 40 MPG target is achieved in the year 2026.   The most recent target was 32 MPG, set by the […]

Read More

Infrastructure Deal Gaining Momentum

Last week, meetings were held at the White House with key Democratic and Republican senators discussing President Biden’s American Jobs Plan.  President Biden has made it known that he is willing to narrow the scope of the bill, which is currently slated as a massive $2.3 trillion dollar proposal.  By narrowing the scope of this […]

Read More