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    Morning Bell: Obama’s Crucifixion of “Big Oil”

    If it ever was a secret, it’s not a secret any longer: The Obama Administration is on a vindictive campaign to injure America’s oil and gas industry. The proof materialized last week when video of an Environmental Protection Agency official revealed the White House’s vicious attitude toward the very industries … More

    Production of Oil, Gas and Coal on Federal Lands Sinks to Nine-Year Low

    Last fall the U.S. government’s Energy Information Administration reported a 40 percent decline in oil and natural gas production on federal lands compared to 10 years ago. The White House and a prominent liberal in Congress protested. They said EIA, a trusted source for reliable energy information, was wrong. They … More

    Federal Policies and Red Tape Limit Mineral Production

    Not only have federal policies and inefficient permitting slowed oil and gas production, but government hurdles are also having a harmful effect on the mining industry. Speaking earlier this week at Heritage’s Bloggers Briefing, Carol Raulston of the National Mining Association said the barriers to entry today are so burdensome … More

    Businesses Blame Drilling Slowdown for Loss of Jobs, Revenue

    More than 15 months after the Obama administration lifted its ban on offshore drilling in the Gulf of Mexico, oil and gas supply and service companies report they are suffering significant financial hardships from the government’s actions. The moratorium — as well as the slow pace of permitting that followed … More

    Gas Prices at All-Time Christmas High

    Americans hitting the road this week are likely to encounter the highest-ever price for gas at Christmas in history. According to figures from AAA, the nationwide average for regular unleaded is $3.21 per gallon — an increase of 23 cents over last year’s Christmas record. This marks the second straight … More

    Charities, Businesses Lead Recovery Efforts After Pennsylvania Flooding

    Hurricane Irene and Tropical Storm Lee may have ravaged northeastern Pennsylvania with floodwaters, but displaced people have found aid and comfort in the relief provided by private charities and businesses. A recent New York Times story described affected people’s disillusionment with the federal government’s ability to dispense disaster relief aid … More

    New Study Forecasts Huge Job Growth If Regulators Allow Gulf Oil Drilling

    U.S. employers added only 18,000 jobs last month — a remarkably low figure that contributed to the increase in unemployment to 9.2 percent. That’s the bad news. Fortunately for American workers, the future is bright, but only if regulators in Washington, D.C., get out of the way. A new study … 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

    The Assault on Drilling Is Onshore, Too

    Gas prices are nearly 40 cents per gallon higher than what they were last year and show no sign of falling any time soon. Although there are plenty of ideas that could help lower prices, the Obama Administration is doing much more harm than good. We’ve written in great detail … More

    Second Gulf Explosion Doesn’t Take Away Need for Drilling

    A production platform caught fire in the Gulf of Mexico this morning 80 miles south of Vermilion Bay, Louisiana. Fortunately, according to early reports, the 13 workers on the platform survived the scare, but rescue crews took the workers to the hospital for precautionary measures. What exploded was not a … More