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 …
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 …
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. …
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 …
