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, and continued prohibitions and impediments to production in non-park, non-wilderness areas of the Western U.S. and ANWR. For each one, the claim is that the production wouldn’t make much difference. Well, the XL Pipeline would bring 750,000 barrels per day …
Faced with increasing electricity prices (as well as brownouts in some areas) and higher prices at the pump, Americans are calling for solutions that would result in affordable electricity and gas prices. The easiest way to do that is to increase supply to offset rising demand. The federal government’s role should be not to pick winners and losers among energy technologies but set the rules in place to allow companies to produce energy if it’s in their interest to do so. Rep. Devin Nunes (R–CA) released new legislation that provides …
“What do you say to people who are losing patience with gas prices at $3 a gallon? And how much of a political price do you think you’re paying for that, right now?” This was a question asked of the president at a press conference in August…of 2006. The president was George W. Bush. In fact, it was a question that was asked in one way or another regularly during the entire eight years of the Bush presidency, regardless of where energy prices stood at that moment. In May 2004, …
At the press conference accompanying the political hara-kiri by his director of the Minerals and Management Service, President Obama changed topics and said, “Now let me make one broader point, though, about energy. The fact that oil companies now have to go a mile underwater and then drill another three miles below that in order to hit oil tells us something about the direction of the oil industry. Extraction is more expensive, and it is going to be inherently more risky. … The easily accessible oil has already been sucked …
…but one could argue it is buried under ground. Yesterday ICF International released a study showing that the development of domestic oil and natural gas resources that have been kept off-limits by Congress could generate more than $1.7 trillion in government revenue. The ICF study examined the possible development of all the offshore areas that had been subject to Congressional moratoria until last year, as well as the resources in Alaska’s Arctic National Wildlife Refuge and a small portion of currently unavailable federal lands in the Rockies. Allowing private industry …
Last night the Senate passed a $700 billion rescue for the credit crunch that is beginning to hurt small businesses. The House is set to vote tomorrow on the package and the new FDIC fixes, which will likely win enough votes for final passage. But the plan is hardly a silver bullet fix for the U.S. economy. Although there are many regulatory and tax fixes that should be tackled to reform our financial sector, other sectors of our economy are also in desperate need of a regulatory overhaul. Considering her deep …
Finally giving up some ground to reality, Speaker Nancy Pelosi unveiled her energy package and conceded more than early reports indicated she would. But despite headlines like “Democrats Reluctantly Embrace Offshore Drilling,” it is exceedingly important that conservatives keep their eye on the ball. Earlier this week, the House leadership promised Congress a vote on the Republican “all-of-the-above” plan. Americans deserve a full debate on energy so it is imperative that conservatives force Pelosi to honor that promise. Pelosi’s Package: Do not believe everything you read about Pelosi’s new willingness …
Congressional Democrats returned to work yesterday after their five-week summer vacation. While House Republicans stayed in Washington to debate energy policy all summer, Congress now has only three weeks left before it adjourns for the year. Many are predicting that little will get done in September, but one issue is guaranteed to be addressed: energy. While Democrats would prefer to do nothing until next year, their failure to pass appropriations bills means Congress must pass a continuing resolution by September 30 or the government will shut down. Any continuing resolution …
ST. PAUL — The most common headline or lead for stories about Alaska Gov. Sarah Palin’s speech last night was that she “electrified” the arena. Watching from our perch in the rafters we have to agree: Palin sent the energy in the Excel Center through the roof. For all the attacks from liberal media commentators this week, Palin proved to the nation that when it comes to the most important issue in this election, energy, she has experience and results in spades. The left says it wants to reduce American …
ST. PAUL – Rep. Adam Putnam (R-FL) kicked off a House Republican Conference presser today explaining, “Energy is an issue we don’t have to wait till November to address.” For the next five minutes one might have thought they were at a Speaker Nancy Pelosi press conference as Putnam reeled of all of the commitments the GOP is proposing in their ‘All of the Above‘ energy plan including: tax incentives for businesses and families that purchase fuel efficient vehicles, permanently extending the tax credit for wind and solar power, and …
