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  • drilling moratorium

    Gulf Coast Businesses Suffer Strain of Offshore Drilling Slowdown

    As gas prices continue to climb, approaching a nationwide average of nearly $4, lawmakers in Washington turned their attention to the drilling slowdown in the Gulf of Mexico. The House Subcommittee on Energy and Mineral Resources held the oversight hearing Thursday examining how the Obama administration’s policies have put a … More

    Have You Been Negatively Affected by Regulatory Overreach? Tell Us About It

    Stories are powerful. They help us relate to other individuals and communicate complex issues. They are an essential ingredient to making policy change in Washington. That’s why we’re asking for your help. The Heritage Foundation is seeking examples of individuals, entrepreneurs and business owners who have been negatively affected by … More

    Scribecast: Sen. David Vitter on Drilling, Jobs and the Deficit

    Few people have been more vocal about the challenges facing offshore drilling in the Gulf of Mexico than Sen. David Vitter. As a Republican from Louisiana, Vitter has firsthand knowledge of the Obama administration’s slow pace of permitting since last year’s oil spill. Louisiana has yet to fully recover from … More

    Report: Increased Energy Production Would Boost Jobs, Federal Revenue

    Energy research firm Wood Mackenzie released a report on Wednesday that lends weight to arguments for greater energy exploration and production in the United States. The economic effects of such a policy, the report asserts, would be uniformly positive. The report summarizes its findings thusly: Wood Mackenzie’s analysis found that … More

    One Year After Oil Spill Was Stopped, Drilling Permits Down Sharply

    The Obama administration is approving deepwater drilling permits at a pace of just 1.7 per month — a dramatic drop that is jeopardizing thousands of jobs for struggling families in Louisiana and neighboring states. The latest figures from the Bureau of Ocean Energy Management, Regulation and Enforcement also reveal a … More

    Federal Judge Forces Interior to Decide on Drilling Leases

    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 … More

    NEW VIDEO: Busting Gas Price Myths

    As Americans across the country gas up their cars for their Memorial Day getaways this weekend, their wallets will take a bigger-than-usual hit. That’s because gas prices are up $1.06 from last year according to a study by AAA. In fact, prices have more than doubled since President Obama took … More

    Drilling Permitorium Continues

    Although Congress lifted the ban on deepwater drilling in October and drillers are eager to return to work, the government still has not issued any permits. And the news is unlikely to improve much next year. CNNMoney reports: Even if a few permits come through, analysts say it will be … More

    Obama Administration Admits New Drilling Rules Will Kill Jobs

    What’s the best cure for a recessionary environment? Apparently, raising energy prices and killing jobs. The Obama Administration admitted to both because of the Department of Interior’s (DOI) newly announced offshore drilling safety regulations. Katie Howell of E&E reports: The Obama administration is acknowledging that its new offshore drilling safety … More

    Obama to Gulf: Oil Ban Stays

    When President Barack Obama’s own oil spill commission first met in July, they said that the President’s decision to ban oil drilling in the Gulf fell outside their mandate. But after a number of highly charged field hearing in the Gulf, the commission did a 180-degree reversal and promised to … More