08.07.2019

By Richard McCarty Congress created the production tax credit for wind energy in 1992. In other words, wind turbine owners receive a tax credit for each kilowatt hour of electricity their turbines create, whether the electricity is needed or not. The production tax credit was supposed to […]
06.20.2019

By Robert Romano The Environmental Protection Agency (EPA) under President Donald Trump has finally rescinded the Obama era Clean Power Plan that sought to end coal as a form of electricity and puts states in the driver’s seat in terms of regulating carbon emissions rates. But because Congress has left […]
04.10.2019

By Rick Manning President Trump’s determination to end damaging regulations on energy production has unleashed American innovators to remake the world’s energy markets as the United States is now a net energy exporter. Private companies and individuals freed up to focus on getting oil, natural gas and […]
04.09.2019

By Robert Romano U.S. oil refiners had another huge year in 2018, averaging 17.3 million barrels per day in refinery runs while its capacity expanded to almost 18.6 million barrels per day, according to data compiled by the U.S. Energy Information Administration (EIA). As the U.S. became the number one […]
04.03.2019

By Robert Romano Less than a month after cancelling its planned initial public offering (IPO) on Nasdaq, in early March Virgin Trains USA LLC withdrew its application for a $3.7 billion Railroad Rehabilitation & Improvement Financing (RRIF) loan to build a higher-speed train from Orlando to Miami. The latest setback […]
04.01.2019

By Richard McCarty New York Democrat Alexander Ocasio-Cortez’s Green New Deal (GND) scheme, which includes phasing out coal, oil, natural gas, most vehicles, and cows, failed miserably when put to a vote in the U.S. Senate. Incredibly, not even one of the twelve Democrat Senate sponsors of […]
03.22.2019

By Robert Romano One of the centerpieces of the Trump administration’s deregulation agenda is the rescission of the Clean Power Plan that was put into place by the Environmental Protection Agency (EPA) in 2015 under former President Barack Obama. Comprising in part the new and existing power plant rules by the EPA, the […]