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    "Great Green Fleet" Not So Great After All

    When it comes to funding the military, costly biofuel experiments should not interfere with U.S. security interests. However, that’s exactly what’s happening right now as the Navy pursues a “Great Green Fleet,” which some Members of Congress argue “makes no sense.” Navy Secretary Ray Mabus warns that America’s dependency on … More

    Energy: As Mexico Finally Enters the 21st Century, Obama Parties Like It’s 1938

    Mexican President Enrique Peña Nieto recently announced the first, very timid steps to take Mexico’s energy sector—famously nationalized in 1938 by then-President Lázaro Cárdenas—forward into the 21st century. Meanwhile, President Obama seems intent on taking U.S. energy back to 1938—the original heyday for New Deal big-government types. Peña Nieto’s proposal … More

    Production: Obama Administration Praises Lackluster Oil and Gas Lease Sale

    Yesterday marked the first oil and gas lease sale of the Obama Administration’s five-year program for the Outer Continental Shelf. The federal government raked in $157.6 million from more than 20 million offshore acres up for lease in the western Gulf of Mexico. Secretary of the Interior Ken Salazar praised … More

    Legalize Crude Oil Exports

    An energy renaissance is underway in the United States. According to a new report by the International Energy Agency (IEA), America’s decades-long dependence on foreign oil may soon be over. By the mid-2020s, the United States is set to surpass Saudi Arabia as the world’s largest oil producer. Even more … More

    Flat-Earth Thinking on Gas Prices?

    President Obama blasted oil-drilling advocates last week, equating their solution for high gas prices to people who didn’t believe the Earth is round. President Obama said, They dismiss wind power. They dismiss solar power. They make jokes about biofuels. They were against raising fuel standards. I guess they like gas-guzzlers. … More

    Morning Bell: Blame the Washington Bureaucracy for High Gas Prices

    Americans are paying more for gasoline today than they were six weeks ago when President Obama released 30 million barrels of oil from the Strategic Petroleum Reserve. In the Gulf of Mexico, meanwhile, 10 drilling rigs — more than one-third of the fleet — have left on Obama’s watch. This … More

    Environmental Police Strike Again

    The environmental police have struck again. This time, they are hindering efforts to produce domestic oil and causing regulation headaches for those just doing their jobs. Agencies partaking in a natural gas drilling practice known as hydraulic fracturing or “fracking” are facing a lawsuit alleging that they’ve failed to give … More