Washington, D.C.—Ahead of tomorrow’s meeting by the Railroad Commission of Texas to consider prorating oil production in the state, Securing America’s Future Energy (SAFE) President and CEO Robbie Diamond submitted a letter urging against the practice. The letter calls upon the Commission to consider the long-term energy security consequences of such a decision. In the letter, he […]
OPEC+ Decision Highlights U.S. Need To Reduce Oil Dependence
Washington, D.C.—As reports emerge of Saudi Arabia, Russia and OPEC+ agreeing to cut oil production, Securing America’s Future Energy (SAFE) believes the United States must decouple its economy from the boom-bust oil market cycle engineered by the cartel and led by Saudi Arabia to maintain its grip on the oil market. “Saudi Arabia and Russia […]
SAFE Warns Against Market Manipulation to Combat Manipulation As Oil CEOs Convene For White House Meeting
Washington, D.C.—In response to reports emerging from today’s White House meeting with oil industry CEOs that the discussions included potential cuts in U.S. production, Securing America’s Future Energy (SAFE) President and CEO Robbie Diamond made the following statement: “A global production cut is not going to solve the structural deficiency of the oil market, which contributed […]
SAFE Issue Brief Calls For American Commitment To Free And Fair Oil Market
Washington, D.C.—Ahead of a White House meeting between President Trump and American oil executives tomorrow, Securing America’s Future Energy (SAFE) has released an issue brief calling on policymakers to reiterate the United States’ commitment to free and fair markets—with passing the No Oil Producing and Exporting Cartels Act (NOPEC) as a strong first step. The issue brief, […]
New Fuel Economy Rules Guarantee Industry Uncertainty At The Worst Moment
Washington, D.C.—In response to today’s release of new fuel economy rules by the Trump administration, Securing America’s Future Energy (SAFE) President and CEO, Robbie Diamond, made the following statement: “At such a difficult time when regulatory certainty is needed more than ever in our auto industry, these rules will plunge U.S. automakers into even greater […]