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  • Energy

    Businesses Blame Drilling Slowdown for Loss of Jobs, Revenue

    More than 15 months after the Obama administration lifted its ban on offshore drilling in the Gulf of Mexico, oil and gas supply and service companies report they are suffering significant financial hardships from the government’s actions. The moratorium — as well as the slow pace of permitting that followed … More

    On Keystone, Congress Steps Up

    Whether he likes it or not, President Obama’s logic-defying but unsurprising decision to deny TransCanada the permit to construct a 1,700-mile long pipeline to deliver up to 830,000 barrels of oil per day from Alberta, Canada, to Gulf Coast refineries put the ball in Congress’s court—and some Members are seizing … More

    Serious Problems Exist with Government's Energy Research Program

    The Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) is a program designed to fund high-risk, high-reward projects that the private sector would not embark upon on its own. ARPA-E has as its mission reducing energy imports, increasing energy efficiency, and reducing energy-related emissions, including greenhouse gases. The program … More

    Does the DOS Environmental Impact Statement Dismantle Obama’s Reason for Rejecting Keystone?

    In President Obama’s statement denying TransCanada’s Keystone XL pipeline, he said, “The rushed and arbitrary deadline insisted on by congressional Republicans prevented a full assessment of the pipeline’s impact, especially the health and safety of the American people, as well as our environment.” The President referred to a five-page Department … More

    Narrow Interest Blocks Big Pipeline

    The Obama Administration, encouraged by environmental groups, has blocked yet another affordable energy project—the Keystone XL Pipeline. Add this to the unconscionable slowdown of leasing and production in the Gulf of Mexico, foot-dragging on production in the Chukchi and Beaufort Seas, blocks on offshore production in the Atlantic and Pacific, … More

    Strait of Hormuz: U.S. Should Be Ready for the Next Oil Crisis

    Tensions are rising in the Strait of Hormuz. Iran has recently yet again threatened to close the strategic strait down over the threats from the European Union to impose an embargo on buying Iranian oil. The Europeans want to do that as a part of increasing efforts by the West … More

    Morning Bell: Obama's Magic Kingdom of Joblessness

    Yesterday in Walt Disney World, the land “where dreams come true,” President Barack Obama appeared before Cinderella’s Castle to announce his latest plan to boost jobs in America–an effort to increase tourism to the United States. His announcement came one day after he flat out said “NO” to another plan … More

    Online Chat on the Keystone XL Pipeline

    On Wednesday, president Obama rejected the TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries. Click here to Join us right now for our “Lunch with Heritage” chat. We are joined by Heritage’s energy expert Jack Spencer. He is taking your questions about why the decision … More

    Under Obama, Oil and Gas Production on Federal Lands Is Down 40%

    UPDATE: The U.S. Energy Information Administration announced on Jan. 27 that data used for its study of oil and gas production on federal lands was “incomplete.” The EIA is currently reviewing information from the Department of Interior and will correct its report upon completion. — In his announcement rejecting the … More

    Obama’s "Forced" Keystone Decision Rejects Jobs, Energy, and Logic

    President Obama’s politically intoned decision to reject TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries sent a clear message that special interest demands are of more importance than more energy and much-needed job creation. Building the pipeline would bring over 700,000 barrels of oil … More