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    'NAT GAS' Energy Subsidies Would Enrich Pelosi

    House Minority Leader Nancy Pelosi (D-CA) has pushed for a piece of legislation that would directly enrich her financially. Pelosi owns a major stake in a company that would likely see its share prices rise significantly if the legislation is passed. The bill is called the New Alternative Transportation to … More

    And That’s Why You Don’t Give Subsidies

    This past April, when Members of Congress introduced the New Alternative Transportation to Give Americans Solutions (NATGAS) Act that provides preferential tax treatment to subsidize the production, use, and purchase of natural-gas vehicles, the propane industry asked, “What about us?” Well, someone was listening, because a little over a month … More

    EPA: Drinking Water in Dimock, PA Uncontaminated by Fracking

    Federal authorities have ruled that the drinking water in Dimock, Pennsylvania, which some claimed had been contaminated by nearby natural gas drilling efforts, is safe to drink. The statement lends some factual weight to a political debate wrought with emotion and more than the occasional doom-and-gloom proclamation. Dimock has become … More

    Year After Obama Lifted Drilling Ban, Pace of Permitting Is Worse

    The Obama administration is approving only 37 percent of the deepwater drilling plans submitted this year — a figure that falls below even last year’s low approval rate. It’s also taking federal bureaucrats an average of 115 days to approve the plans, nearly double the historical average. Greater New Orleans … More

    Total’s Caspian Gas Discovery

    Total, Europe’s third largest oil company, announced last Friday that they have made a major gas discovery in the Caspian Sea. The discovery, made in the Absheron block off the coast of Azerbaijan, is thought to have large pockets of gas spread over a 270-square-kilometer field and holds about 350 … More

    Exporting Natural Gas Benefits America

    Natural gas prices in the United States have been low in the past few years, and increased estimates in natural gas reserves from shale formations in Pennsylvania, New York, Texas, Oklahoma, Arkansas, and Louisiana are opening opportunities to increase exports to other nations. In some countries, natural gas prices are … More

    Study: Marcellus Shale an Economic Godsend for Pennsylvania

    A study released Wednesday, commissioned by the Marcellus Shale Coalition and conducted by three Penn State University energy policy experts, offers a striking view of the massive economic benefits produced by the Marcellus natural gas fields, which stretch from Western New York, through much of Pennsylvania, and into parts of … More

    Natural Gas: Boom or Bust? All Signs Point to Boom

    According to many experts, the United States stands to be the Saudi Arabia of natural gas production. Last month, the New York Times reported otherwise, questioning the economics of shale gas extraction and overstating the amount of gas available in the vast formation in the United States. The story included … More

    How Higher Energy Prices Threaten U.S. Jobs

    America’s trucking industry is on pace to pay a whopping $138.7 billion for fuel in 2011 — an increase of $37.2 billion over last year due to higher energy prices. That’s a lot of money for gas. And unfortunately for consumers, they’re likely to pick up the tab. A new … More

    Why Ethanol and Natural Gas Don’t Deserve Subsidies

    Two of the energy subsidy debates in Washington focus on tax credits for the ethanol and natural gas industries. The growing opposition to the $6 billion ethanol blender’s tax credit became quite clear when the Senate voted 73–27 to remove the subsidy—even though the credit is set to expire at … More