HOT TOPIC: MANDATES

Washington Must Champion American Energy – It is time for Congress to prioritize energy policies that are bipartisan, sensible and results-oriented. As energy demand continues to outpace supply, policymakers need to focus on initiatives that encourage increases in American oil and natural gas production. Earlier this year at our State of American Energy event, API unveiled some of the most important policies to  make, move and improve  American energy. (Read more here.)

New EPA Proposal: The Latest Restriction Aimed at American Energy – EPA’s new proposed tailpipe emissions rule is the latest move by the Biden administration to hurt consumers with higher costs and increased reliance on unstable foreign supply chains. Per The New York Times, the plans are “designed to ensure two-thirds of new passenger cars and a quarter of new heavy trucks sold in the United States are all-electric by 2032.” Bottom Line: EPA’s proposed rule is deeply flawed and a major step toward a ban on the gasoline vehicles that Americans rely upon. Today there are 259 million passenger gasoline- and diesel-powered vehicles on the road versus 3 million electric vehicles (EVs). (Read more here.)

After Willow, U.S. Needs Consistent Oil and Natural Gas Support from Washington – Given the administration’s record of actions, inaction and negative messaging on oil and natural gas the past two years, it’s not clear that the Willow approval means the White House is squarely on the right energy policy path. Exhibit A: Willow came with an administration announcement that it will withdraw nearly 3 million acres in the Arctic Ocean from future oil and natural gas development, and that it intends to limit future leases in more than 13 million acres in the National Petroleum Reserve-Alaska (NPR-A). (Read more here.)