With wind, solar and geothermal receiving much of the government handouts when it comes to energy production, biomass is back in the game after the Senate Finance Committee unveiled its tax extender plan, which includes a $100 million in production tax credits for biomass energy as part of a larger …
In what is being labeled as “Onshore Oil and Gas Leasing Reforms” Secretary of the Interior Ken Salazar announced tougher new leasing rules that will inevitably make it more difficult and more expensive to drill for oil in the United States. Despite the recession, gas prices have crept up steadily …
From the International Business Times: Valero Energy Corp. chief executive officer Bill Klesse hopes the Waxman-Markey bill, which includes a proposal to enact a cap-and-trade system in the country, is eventually defeated when it gets into the U.S. Senate, he said Tuesday. The executive, who leads the largest independent oil …
The U.S. government is a favorite target among spinners of conspiracy theories. From the Kennedy assasination to the Apollo Moon landing, the government has allegedly been at the heart of dark plots to deceive the public. Washington, however, can spin its own conspiracy theories. Case in point, Tuesday’s announcement by …
It’s summer and that means gas prices are creeping up and although projections indicate we’re not headed toward $4-a-gallon gas; last summer was a fresh reminder of just how quickly gas prices can skyrocket. Despite America’s overwhelming public support for more drilling, the White House has put many drilling projects …
Although not necessarily what you think of when it comes to big oil, suppliers to extract and produce oil come in all sizes – including family run businesses. Take William Whitefield, for instance, who runs “a family-owned company that now serves a host of national and international oil field, pipeline …
The 2009 Offshore Technology Conference (OTC) is wrapping up in Houston, Texas and unsurprisingly, the message down here remains: drill, baby, drill. But that message has been echoed by panelists from both sides of the aisle. Despite reinstatement of the bans on offshore drilling and no mention of offshore drilling …
