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    Let States Oversee the Energy Revolution

    Dismal jobs reports and high unemployment continue to weigh down the U.S. economy, but there are a few bright spots. Most notable among them: energy production, particularly the shale oil and shale gas revolution. The technological one-two punch of horizontal drilling and hydraulic fracturing has created a remarkable energy boom … More

    North Dakota's Oil Boom in Pictures

    The combination of energy production and job creation is potent force. It’s one reason a bipartisan majority in the U.S. House today approved the Domestic Energy and Jobs Act, legislation that would increase access to America’s resources and spur job creation. With the national unemployment rate still stuck above 8 … More

    Morning Bell: 10 Ways to Lower Gas Prices

    The average price of a gallon of regular gas is now $3.66, and has been decreasing for eight straight weeks. This is causing some of the President Obama’s advisors to declare energy prices an irrelevant issue. Political advisor David Axelrod recently tweeted: “Gas prices have been going down for the … More

    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

    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

    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

    North Dakota's Job Creation Formula

    When it comes to creating jobs, North Dakota has found the right formula. The state has the largest percentage increase in employment over the past year and was the fastest of all 50 to recover from the recession. The reason is simple: energy production. “North Dakota has been the poster … More

    Delay, Baby, Delay: Obama Decision Puts Up to 200k Jobs on Hold

    First, it was 20,000 jobs the Obama Administration delayed by punting a decision to approve the Keystone XL pipeline, which would bring 700,000 barrels of oil per day from Canada into the United States. Multiply that number by 10 and you have the amount of jobs the President is putting … More

    Obama Delays Keystone Pipeline: Delays Jobs and Energy, Too

    The Obama Administration announced it would delay the construction of the $7 billion Keystone XL pipeline that would bring in more than 700,000 barrels of oil per day from Alberta, Canada, to the Texas Gulf coast. What this delay really means is that President Obama is putting off an important … More