“The North Dakota Miracle.” That’s what it’s been dubbed by many. The recent boom of the Bakken oil fields—made possible by a perfect storm of sensible state regulations, the often maligned fracking process, and the fact that most drilling is taking place on private lands—has produced a whirlwind of economic …
The average price of a gallon of regular gas is now $3.66, and has been decreasing for eight straight weeks. This is causing some of the President Obama’s advisors to declare energy prices an irrelevant issue. Political advisor David Axelrod recently tweeted: “Gas prices have been going down for the …
At the press conference accompanying the political hara-kiri by his director of the Minerals and Management Service, President Obama changed topics and said, “Now let me make one broader point, though, about energy. The fact that oil companies now have to go a mile underwater and then drill another three …
Sarah Palin is not the VP of the United States but we can still drill, baby, drill. Although President Obama and some Democrats have hinted at reinstating the ban on offshore drilling and implementing restrictions on oil shale development in the West, nine Republican members of Georgia’s congressional delegation are …
Last week at Heritage, representatives from the Idaho National Laboratory (INL), Thorium Reactors, Hyperion and General Atomics discussed the potential of new nuclear technologies for America. The full event is available and accessible by going to Heritage’s event site. The INL’s Next Generation Nuclear Plant (NGNP) project, which is a …
Heritage’s James Sherk says the employment estimates for August are being affected by the collapse of the housing bubble and the high cost of energy. The unemployment rate rose to 6.1%, a five-year high, primarily the result of large job losses among automobile manufacturers. He talked about the August employment …
