This was caused by a myriad of problems the administration’s halt on domestic oil drilling and domestic energy infrastructure, supply chain issues and the Russian aggression against Ukraine. But most of this was self-inflicted by this administration’s energy policies. We’ve heard some cry that our current situation is illustrative of why we should abandon fossil fuels and switch entirely to renewables.
Two weeks ago, the House of Representatives passed H.R. 1, the Lower Energy Costs Act. The designation of “1” as a bill number is reserved for the Speaker of the House as a way to highlight priorities and signature legislation. The goals of H.R. 1 are twofold to increase domestic energy production and permitting reform for domestic drilling. Energy is something we don’t often think about until something goes wrong.
Ethanol is a good stopgap in this scenario, yet the government still regulates when this homegrown fuel can be sold. Until recently, the sale of E-15 was banned in the summertime due to emissions concerns, but recent studies have shown that the difference between E-10 and E-15 are negligible. Even more, in a study, the