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  • Offshore Drilling Plan Lacks Something: More Drilling

    Yesterday, the Department of Interior released its new five-year offshore drilling plan. Unfortunately, the program is far less expansive when it comes to opening areas to access, exploration, and drilling than it should be. The plan schedules 15 possible lease sales in the 2012–2017 time horizon—10 in the central and … More

    Small Town Bucks the Economic Trend with Energy Production

    As goes Williston, North Dakota, so goes the nation? That’s probably not a phrase you’ve heard before, but if we opened access to our domestic energy sources, Williston could be the poster child for jumpstarting economic growth in many areas of the country. In fact, the state of North Dakota … More

    Another Government-Picked Power Company Buried in the Green Graveyard

    When the government-backed Solyndra filed for Chapter 11 bankruptcy, policymakers supportive of the loan-guarantee program said variations of the following: “If this were a venture capital firm and only one out of 10 projects failed, they would be a great success.” That would be fine if it were private money, … More

    Energy Production = Deficit Reduction

    Today, the House Natural Resources Committee released its list of recommendations to the deficit reduction super committee. Their recommendations would go a long way to increase revenue for the federal government without raising taxes. The recommendations include increasing energy exploration and production both onshore and offshore, which would increase economic … More

    No Drilling, No Jobs, No Money

    The Obama Administration lifted the moratorium on new permits and drilling in the Gulf of Mexico, but the same problem persists as it has for over a year now. There’s not a whole lot going on down there. ODS-Petrodata Weekly Rig Count keeps tabs on rigs under contract and rigs … More

    EPA’s CO2 Regulations are What’s “Comically Wrong”

    The Environmental Protection Agency called a Daily Caller report “comically wrong” this morning.  That is an interesting analysis given that the EPA’s hideously bad global warming regulations are more of a joke than actual regulatory structure.   Either way, the fun and games will soon end when Americans are paying higher … More

    Congress Should Scrap the Energy Loan and Loan Guarantee Programs

    Senator Harry Reid (D–NV) and his Senate colleagues rejected the idea of cutting $1.5 billion unspent from a $7.5 billion advanced vehicle manufacturing technology loan program and another $100 million from the Department of Energy’s (DOE) loan guarantee program—the same program that funded bankrupt Solyndra. The political squabbling did not … More

    EPA's Tighter Ozone Standards Will Strangle Economic Recovery

    A few weeks ago, the President asked Environmental Protection Agency (EPA) Administrator Lisa Jackson to withdraw the agency’s draft for more stringent Ozone National Ambient Air Quality Standards (NAAQS). Although Jackson begrudgingly complied, the EPA is still moving to an ozone standard more stringent than the current one. The current … More

    Four 'Green Job' Realities

    Solyndra’s bankruptcy has put federal spending for green projects under the microscope—and rightly so. Green jobs programs have been a profoundly wasteful use of taxpayers’ money and are doing more harm to the economy than helping it. They don’t even provide the promised grand environmental benefits. It’s important to keep … More

    Obama's Attack on Big Oil: Fair Share or Targeted Tax Hike?

    President Obama says he wants big corporations, including oil companies, to pay their “fair share” in taxes. His deficit reduction plan includes eliminating what he calls special loopholes and subsidies for oil and gas companies—despite the fact that they’re not specific to the oil and gas industry but the broader … More