.The Texas Energy Report

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.The Texas Energy Report

U.S. becomes a net exporter of crude oil

By Alex Mills

 

June 24, 2019

 

Not very long ago, the U.S. imported vast amounts of oil from all over the world. Most of it came from countries that were member of the Organization of Petroleum Exporting Countries and some were not very friendly to the U.S.

Just 10 years ago, the U.S. imported 14 million barrels of oil per day, and produced only 5 million b/d, according to the Energy Information Administration at the Department of Energy.

In March 2019, the U.S. oil imports dropped to 9 million b/d and production rose to 12 million b/d.

This remarkable turnaround has strengthened the nation’s economic position around the world and reduced significantly our vulnerability to countries that might threaten to use the “oil weapon” against the U.S. as used previously.

How did this happen?

Some believe good old American ingenuity was a key factor. Some also attribute it to private enterprise driven by a capitalist system, which often rewards the successes of risk takers….
 

Tillerson’s Russia Ties, Rick Perry’s Disparaging Remarks Featured In Website’s Reveal of Trump Documents

June 23, 2019

 

Axios says a leaker has provided the website with a series of documents used in vetting candidates for important Trump administration jobs, including Rick Perry, claiming the former Texas governor described “Trumpism” in a most negative way….
 

The Art of the Push Poll: American Energy Allliance News Release Responds to Article in The Hill

June 21, 2019
 
As you may have seen, there’s a new poll out from Frank Luntz and the Climate Leadership Council that purports to show widespread GOP support for a carbon tax. Here’s what The Hill reported:

“Prominent GOP pollster Frank Luntz is warning Republican lawmakers that the public’s views on climate change are shifting and that ignoring the issue could cost them important votes at the ballot box.

In a memo circulated to Republican congressional offices on Wednesday, Luntz Global Partners warned that 58 percent of Americans, as well as 58 percent of GOP voters under the age of 40, are more concerned about climate change than they were just one year ago…Luntz Global conducted the online poll of 1,000 voters on behalf of the Climate Leadership Council, which is promoting its own carbon tax and dividend plan. The survey found that GOP voters supported the plan by a 2-1 margin.”

We’ve got some serious doubts.

For starters, check out the wording here:

“Business and environmental leaders are proposing a bipartisan climate solution that charges fossil fuel companies for their carbon emissions and gives all the money directly to the American people through a quarterly check. This new climate solution is called ‘Carbon Dividends’, because all households would receive a quarterly cash payment as part of an effort to solve climate change. Would you support or oppose this plan?”

In layman’s terms, they’re asking: “Would you like fossil fuel companies to send you a big wad of cash?”

For more, read the full response here from AEA President Tom Pyle.
 

Explaining the New Law Against Deliberate Destruction of Critical Infrastructure Such As Pipelines

Bill signed by governor will protect power transmission infrastructure and telecommunications as well as pipelines…punishment is not equivalent with punishment for murder…law will depend on violators trespassing…”if you’re protesting on adjacent land, that would not bring you under this law”…clarifying the terms “destruction” versus “defaced” and “damaged”

 

June 17, 2019

 

A controversial bill to protect critical infrastructure such as pipelines, electrical lines and telecommunications in now law, effective later this year……..