The Canadian government just approved the $15.1 billion acquisition of integrated oil and gas producer Nexen by China’s third-largest oil company, state-owned China National Offshore Oil. The deal is an important step forward (or two) for Chinese investment, but a step back is probably soon to follow. Chinese outward investment …
One of the few bright spots over the past few years in America’s economy has been energy production, but this has occurred largely in spite of this Administration’s energy policies, not because of them. And the simple fact remains that our energy economy could be even brighter, but egregiously burdensome …
The U.S. House will vote next week on a package of energy and jobs bills Republican leaders say will help lower the price of energy and boost economic growth. The Domestic Energy and Jobs Act combines seven energy-related bills aimed at boosting energy production on federal land. House Majority Whip …
The Obama Administration voiced its support Monday regarding TransCanada Corporation’s plans to construct the interstate portion of the Keystone XL pipeline that does not require presidential approval. Remember that President Obama rejected TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries just this January. Has …
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, …
On Wednesday, president Obama rejected the TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries. Click here to Join us right now for our “Lunch with Heritage” chat. We are joined by Heritage’s energy expert Jack Spencer. He is taking your questions about why the decision …