The United States is producing more oil now than any nation in the world has ever produced. In 2008, the U.S. produced only 5 million barrels of oil a day. Last year, the country produced 13 million barrels daily.
The United States’ record-breaking production is often used to knock back the argument President Joe Biden’s energy policy aims to minimize domestic fuel fuel production – to cut carbon emission and make way for more renewable energy.
Read MoreFifty years ago this week, legislation authorizing construction of the Trans-Alaska Pipeline passed both houses of Congress and was signed into law by President Richard Nixon.Â
The whole process took all of five days.
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After a ruling in its favor from the Supreme Court at the end of July, it appeared that construction on the 303-mile natural gas Mountain Valley Pipeline could continue unhindered in Virginia. Not so.
The Supreme Court decision settled objections to a provision congressional Republicans had slipped into the debt ceiling bill passed in June. The provision directed government agencies to grant the needed permits for the pipeline’s completion. It moved jurisdiction over the pipeline from the Fourth Circuit Court – which had ruled against it in several cases – to the D.C. federal court.
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With the passage of the Fiscal Responsibility Act in June, it looked like the Mountain Valley Pipeline would finally be completed in Virginia, but environmental groups are fighting back in a legal battle that could end up at the Supreme Court.
The Mountain Valley Pipeline (MVP) is a natural gas pipeline routed to run 303 miles from Wetzel County in northern West Virginia to Pittsylvania County in southern Virginia. Mountain Valley, LLC, began construction in 2018 and, by November 2021, had completed 270 miles of the pipeline. At that time, the company planned to finish the project by the summer of 2022.
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The Fourth U.S. Circuit Court of Appeals declined to stay a Biological Opinion, a type of permit, from the U.S. Fish and Wildlife Service for the Mountain Valley Pipeline (MVP), according to Reuters. The Wednesday decision allows construction of the 303 mile natural gas pipeline to go forward while the courts consider the merits of other legal challenges to the pipeline.
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