The Trump administration reportedly is considering a proposal to reduce the royalty rate on the future oil and gas production from forthcoming sales of leases for exploration and production in the Gulf…
By Benjamin Zycher | April 28, 2020
“Climate Action” is the theme of this 50th Earth Day, and it is useful to note that these five decades of apocalyptic warnings truly are amazing in their consistency: Not one actually has come…
By Benjamin Zycher | April 22, 2020
In a display of crass dishonesty shameless even by Beltway standards, the usual suspects in the environmental left, led by the ineffable Al Gore, have mischaracterized, blatantly, a temporary policy change on…
By Benjamin Zycher | April 18, 2020
The crude oil sector now is confronted by a sharp decline in demand conditions caused by the COVID-19 pandemic and an increase in production attendant upon the price feud between…
By Benjamin Zycher | April 13, 2020
The Committee on Environment and Public Works of the U.S. Senate is considering the proposed bill S. 2754, the “American Innovation and Manufacturing Act of 2019,” (hereafter “AIM”) which would…
By Benjamin Zycher | April 8, 2020
To the Railroad Commission of Texas: Re: Motion for Commission Called Hearing on the Verified Complaint of Pioneer Natural Resources U.S.A. Inc. and Parsley Energy Inc. to Determine Reasonable Market…
By Benjamin Zycher | April 6, 2020
Hard times indeed are hard, and that adjective is wholly inadequate to describe the double whammy now afflicting U.S. crude-oil producers: declining demand due to the COVID-19 pandemic and the…
By Benjamin Zycher | March 30, 2020
President Donald Trump announced a few days ago that the US Department of Energy (DoE) will purchase “large quantities of crude oil” to be stored in the Strategic Petroleum Reserve (SPR), created under authority…
By Benjamin Zycher | March 23, 2020
In the Beltway, no inefficient policy deed goes unrewarded. That is an eternal truth illustrated well by the expansion of federal powers—at the expense of state and local authority—attendant upon…
By Benjamin Zycher | February 19, 2020
The Trump administration proposed earlier this month a reform of the implementing regulations of the National Environmental Policy Act (NEPA), a law enacted 50 years ago. The implementing regulations last were updated…
By Benjamin Zycher | January 29, 2020
As night follows day, my recent post on the near-zero climate effect of the methane emitted by feral camels in Australia elicited a torrent of criticism from all the usual suspects, in…
By Benjamin Zycher | January 21, 2020
The New York Supreme Court announced its landmark decision earlier this month in the first climate change-related securities lawsuit—“People of the State of New York v. Exxon Mobil Corporation”—to be…
By Benjamin Zycher | December 20, 2019
Christmas is upon us, and the elves are busy in the North Pole suburb of Capitol Hill. The House has produced a draft piece of “green energy” legislation that would…
By Benjamin Zycher | December 3, 2019
The initial public offering (IPO) for up to 5 percent of the Saudi Arabian Oil Co. (Aramco) has been delayed several times recently, ostensibly due to a seeming difference of…
By Benjamin Zycher | November 13, 2019
One number is needed to illustrate the absurdity that is the Paris climate agreement: 0.17 degree Celsius. That is the temperature reduction in 2100 attendant upon the Paris greenhouse gas…
By Benjamin Zycher | November 12, 2019