President Obama has been holding up the Keystone XL Pipeline. Could Congress go ahead and clear it for construction–and prevent environmental activists from tying the project in litigation if it gets the green light? That’s the question at tomorrow’s Energy and Commerce Committee Energy and Power Subcommittee hearing. The subcommittee …
Although Hugo Chavez just died last week in Caracas, economic freedom predeceased him in Venezuela by at least a decade. When Chavez took power in 1999, the Venezuelan economy was rated at 54 points out of 100, according to The Heritage Foundation/Wall Street Journal’s annual Index of Economic Freedom. This …
In Washington, a presidential Administration releases news it doesn’t like at 5 p.m. on Fridays. So it pays to pay attention when everyone is leaving work for the weekend. Late last Friday, the State Department released a positive environmental review of the Keystone XL pipeline. President Obama has been delaying …
Europe is once again teaching America a lesson in what not to do on energy policy. A resolution Germany’s upper house passed last week makes it clear that despite the potential for massive and safe economic development, the nation is allowing unwarranted environmental fears to prevent the extraction of massive …
An energy renaissance is underway in the United States. According to a new report by the International Energy Agency (IEA), America’s decades-long dependence on foreign oil may soon be over. By the mid-2020s, the United States is set to surpass Saudi Arabia as the world’s largest oil producer. Even more …
Buried in Friday’s Bureau of Labor Statistics report on the country’s unemployment situation was this disheartening fact: 9,000 employees of the mining and resource extraction sector lost their jobs in October. That brings total job losses in that sector to 17,000 since May, according to BLS. The Bureau, which is …
President Barack Obama and former Massachusetts Governor Mitt Romney sparred last night in the second of three presidential debates. Today’s Morning Bell features reaction from numerous Heritage experts. In addition, we’ve compiled a list of the five most factually-challenged statements made during the debate. Obama falsely claims he called Benghazi attacks “acts …
Millions of barrels of Iranian oil have gone undetected by sanctions enforcement, according to a recent Reuters report. In order to subsidize its diminished state-controlled oil revenue, the Iranian regime is using the tiny port of Labuan, Malaysia, to hide and sell its oil. The Iranian oil begins its journey …
A new film starring Matt Damon presents American oil and natural gas producers as money-grubbing villains purportedly poisoning rural American towns. It is therefore of particular note that it is financed in part by the royal family of the oil-rich United Arab Emirates. The creators of Promised Land have gone …
