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Fracking Says “You’re Welcome, America” For Low Gasoline Prices

The late spring and early summer months have traditionally been sort of a silly season for the oil and gas industry when it comes to public policy action in Washington D.C.  It is the season during which U.S. refineries are required by federal regulations to switch over from creating “winter blends” of gasoline to “summer blends” in ongoing efforts address ozone and other Clean Air Act considerations.

This activity has in years past resulted in significant increases in gasoline prices at the pump just as the summer driving season is getting underway.  The reason is that there are many dozens of different summer blends that are designed to address clean air concerns in many specific geographic areas of the country.  This buffet of blends first requires hundreds of refiners to create each specific gasoline recipe in the right quantities, which in turn requires truck, rail and pipeline distributors to deliver specific quantities of each and every blend to thousands of specific wholesalers and retailers in specific locations all across the country at specific times.

It is, in other words, a massive logistical nightmare which inevitably results in bottlenecks, delays, shortages, overages and other kinds of interruptions.  All of that in turn inevitably results in rising costs of transportation, which in turn, at the end of the day, get passed along to the consumer at the pump.

In previous years, the public outcry  from moms and dads about rising gasoline costs right when they’re getting ready to drive the family out to Yellowstone or down to Key West has been loud and long, and that outcry inevitably makes its way to their members of congress.  Those members of congress tend to want to respond to such public outcries, if for no other reason than to slow the numbers of emails, phone calls and faxes flooding into their district and national offices.  The quickest and easiest way for them to respond is to hold a hearing.

Read the Full Piece Here

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Today’s Campaign Update (Because The Campaign Never Ends) – 5.19.2017

  • Today’s Required Reading:  George Soros, that evil old leftist radical who funds Black Lives Matter and other U.S. leftist violent protest groups, essentially owns the Democratic Party, and who has played such a large role in the flooding of Europe with Muslim immigrants, is now buying up district attorneys around the country.  Great report on his latest efforts to destroy the free world here.
  • Can we get the WaPo and NYTimes to quit making stuff up about Comey now?:  Guy Benson, one of the handful of real journalists still working in Washington DC today, posted video on Twitter yesterday from James Comey’s May 3 sworn testimony to congress.  In response to a question, Mr. Comey clearly and unequivocally states that no one in the Trump or any other administration, not the President or anyone else, has ever asked him to stop any investigation, ever.  Period.  In response, the WaPo and NYTimes issued several more made-up stories about Comey based on nothing but unidentified, anonymous “sources”.  Because that’s all they know to do anymore.
  • Cats everywhere are cringing in fear…:  The Daily Mail reports that officials in China have banned the selling and consuming of dog meat at the nation’s annual Yulin festival, at which dog meat has traditionally been the dish of choice.  The government is not planning to ban the killing and serving of any other types of animals that people in the Western world tend to name and treat like family members these days.  I swear I don’t make this stuff up.
  • If this surprises you, you just don’t understand the real ability of House Republicans to screw up any one car parade.:  It was revealed yesterday that House Speaker Paul Ryan hasn’t actually sent the much-vaunted Obamacare repeal and replace bill to the Senate yet.  Why?  Because he’s afraid he may have to put the matter up for another vote, depending on how the score from the Congressional Budget Office turns out.  Next time someone tells you Donald Trump doesn’t know what he’s doing, refer that person to Paul Ryan.
  • Meanwhile, in an obvious effort to change the subject and calm the financial markets, Ryan and House Ways and Means Chairman Kevin Brady started talking about their tax reform effort again, holding a meeting with business leaders from around the country.  Can’t wait to see how many times they’re planning to hold votes on that one.
  • They’re just “leaving”.  Get it?:  The fake journalists at The Atlantic filed a report titled “American Trees Are Moving West And No One Knows Why”.  Naturally, the fake reporter quotes fake climate scientists who state with all certainty that climate change – which is responsible for everything from acid indigestion to thinning hair on desert jumping rats – accounts for “no more than 20%” of this mysterious tree migration.  Seriously, you have to read this story to believe it.
  • Tired of winning yet?:  ICE reports that arrests of illegal immigrants at the southern border are up by 40% this year over the same period in 2016.  As reported earlier, the agency also estimates that total illegal border crossings are down by more than 75% in the same year-over-year measure.  If we could count on the next Democrat elected to the presidency to continue to simply enforce U.S. immigration law, no fence would be necessary.  Unfortunately, we all know we can’t count on any such thing.

Just another day in winning despite the fake news media America.

That is all.

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Little-Used Congressional Review Act Becoming An Indispensable Tool

As the United States Senate finally begins taking up joint resolutions designed to reverse a handful of regulations implemented during the waning days of the Obama Administration, it’s worth discussing the indispensable role the Congressional Review Act (CRA) has come to play in halting regulatory excess, and more importantly, upholding the rule of law.  While the merits of some of the regulatory actions targeted for reversal are certainly arguable, others lie so far outside the governing statutes that their reversal, either by congress or the courts, was almost inevitable from the day of their initial proposal.

Read the Rest Here.

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The Oil And Gas Situation – Protesters Moving To Texas, The Senate Not Moving At All

President Trump and the House of Representatives are acting on oil and gas issues…:  …but the Senate doesn’t appear to have gotten the memo.

In his first six weeks in office, President Donald Trump has issued executive orders on the following actions that impact the oil and gas industry:

  • directing the Army Corps of Engineers to expedite the completion of the Dakota Access Pipeline;
  • directing the State Department to expedite the cross-border permitting of the Keystone XL Pipeline;
  • directing the EPA to reconsider its vastly over-reaching Waters of the United States (WOTUS) rule making, which is currently on appeal at the federal appellate court level; and
  • directing the EPA to reconsider elements of the Obama Clean Power Plan.

During those same six weeks, the House of Representatives has taken Congressional Review Act (CRA) votes to reverse the BLM Venting and Flaring regulation, and the BLM Planning 2.0 regulation.  In addition, the House has begun the process for reversing the Office of Natural Resources Revenue’s (ONRR) Mineral Valuation Regulation.   Upon learning of that effort, ONRR on Feb. 22 suspended planned implementation of that rule, pending congressional action and/or the outcome of ongoing litigation related to it.

Meanwhile, in the United States Senate…the crickets are chirping.

Read the entire piece here.

 

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