Natural gas prices in the United States have been low in the past few years, and increased estimates in natural gas reserves from shale formations in Pennsylvania, New York, Texas, Oklahoma, Arkansas, and Louisiana are opening opportunities to increase exports to other nations. In some countries, natural gas prices are …
According to many experts, the United States stands to be the Saudi Arabia of natural gas production. Last month, the New York Times reported otherwise, questioning the economics of shale gas extraction and overstating the amount of gas available in the vast formation in the United States. The story included …
Over the years our federal government has implemented a number of bad policies to reduce dependence on foreign oil. The latest flavor-of-the-month policy is the New Alternative Transportation to Give Americans Solutions (NAT GAS) Act, which would give targeted tax credits to produce natural gas vehicles and heavy-duty trucks. …
A new report from the United Nations Department of Economic and Social Affairs demonstrates that the U.N. has no business meddling in economic or social issues. In a recently released World Economic and Social Survey entitled “The Great Green Technological Transformation,” the U.N. says our governments need to spend $1.9 …
The Environmental Protection Agency (EPA) wants to ensure that everything is bigger in Texas, including the state’s electricity rates and unemployment lines. On July 7, the EPA adopted a rule to place even more stringent regulations on sulfur dioxide emissions that could shut down the use of lignite coal in …
The House of Representatives is expected to vote on the BULB Act this week, which was introduced by Representatives Joe Barton (R–TX), Michael Burgess (R–TX) and Marsha Blackburn (R–TN). The legislation would repeal Subtitle B of Title III of the Energy Independence and Security Act of 2007—the phase-out of the …
Typically when someone buys something, that person receives some good or service in return. That’s not always the case when it comes to the federal government. The Department of Interior failed to issue leases after several oil and gas companies purchased them from the Bureau of Land Management. Consequently, the …
Doesn’t the Department of Energy (DOE) have enough needless programs and spending projects on its plate? DOE recently announced that it is launching a new program in cahoots with the Consortium for Energy Efficiency in which they will award the producer of the most efficient television. Producers will compete internationally …
The 28 member countries of the International Energy Agency (IEA) agreed to release 60 million barrels of oil reserves—2 million barrels per day over 30 days—to offset the supply disruption as a result of the political unrest in Libya. The Obama Administration announced that 30 million of those barrels will …
Once delivering 2.1 million barrels of oil a day to the United States, the Trans-Alaska Pipeline, one of the world’s largest pipeline systems, now carries about one-third of that. Although the pipeline collects oil from several fields, falling production in those fields could eventually cause the pipeline to shut down. …
