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  • offshore oil development

    President Obama Can't Wait to Buy More Foreign Oil

    The Obama Administration has already presided over the steepest rise in gas prices since the Carter Administration. And like President Jimmy Carter, PresidentBarack Obama has restricted traditional domestic energy development at every turn. According to the Energy Information Administration, President Obama’s Gulf drilling moratorium will cause domestic offshore oil production … More

    Morning Bell: Did the Federal Government Enable the Gulf Oil Spill?

    An “angry” President Barack Obama lashed out at those he feels are responsible for the Gulf oil spill Friday, telling reporters in the Rose Garden: “You had executives of BP and Transocean and Halliburton falling over each other to point the finger of blame at somebody else. I will not … More

    Money May Not Grow On Trees...

    …but one could argue it is buried under ground. Yesterday ICF International released a study showing that the development of domestic oil and natural gas resources that have been kept off-limits by Congress could generate more than $1.7 trillion in government revenue. The ICF study examined the possible development of … More