A drilling moratorium aimed at big oil is a drilling moratorium aimed at local oil as well. That’s the message being sent by the Greater Lafayette Chamber of Commerce in Lafayette, Louisiana as they revive the “Energy Division” from several years of dormancy. Why now? According to The Daily Advertiser, …
As many predicted, Majority Leader Harry Reid’s (D–NV) new energy bill contains neither a cap-and-trade program nor a renewable electricity standard (RES). But in a complete change of direction, the bill has made coal, the nemesis of the cap and trade/RES crowd, an alternative fuel. So now, to the list …
The Senate just released its proposed legislative response to the Deepwater Horizon oil spill. Fortunately, earlier efforts to load the spill bill down with extremely costly and unrelated measures like cap and trade have given way to a more targeted approach. Nonetheless, the bill still contains a number of problematic …
Yesterday, Senate Majority Leader Harry Reid announced an energy bill without a cap-and-trade provision—a victory for the American economy. Yet, like the famous Miracle Max scene in The Princess Bride, cap-and-trade is only “mostly dead.” In a year when seemingly-dead legislation has suddenly come back to life, it is premature …
The Obama administration’s recently re-imposed deepwater drilling moratorium is now reportedly stopping shallow-water drilling as well. The Louisiana Department of Natural Resources issued a release Tuesday showing that the moratorium has resulted in a near-total decline of approved shallow-water drilling permits: Approved permits for shallow water drilling in the Gulf …
Alan Sayre is a New Orleans-based business writer who works for The Associated Press. Today he published an analysis of the perfect job killing storm the Obama administration is creating in Louisiana: In the blink of an eye, the economic focus in Louisiana has shifted from recession recovery to avoiding …
President Obama has picked another “winner” among green technologies meant to portend an energy revolution. This time it is a Korean-owned battery factory in Michigan, part of a $2.4 billion government investment in electric car battery technology in spite of a global glut of battery supply. However, the question is …
There’s only one reason nearly 2 million American former workers are without unemployment benefits today: Senator Reid (D-NV) and his Democratic colleagues’ addiction to deficit spending. The Senate is expected to try to extend these benefits soon. There are arguments pro and con, but if the benefits are extended, then …