Two major financial news publications, the Economist and The Wall Street Journal, published major articles in the past week arguing that the American nuclear renaissance has ended before it ever really began. While the articles differ slightly in their presentation, the basic common thread is that new nuclear power cannot …
Reuters reported that President Obama and Prime Minister David Cameron discussed jointly releasing oil from emergency reserves. Although the White House denied the report, releasing oil from our nation’s Strategic Petroleum Reserve is still not a good idea. The Strategic Petroleum Reserve (SPR), managed by the Department of Energy (DOE), …
Senator Lamar Alexander (R-TN) is the ranking Republican on the Appropriations subcommittee dealing with environmental issues. He is currently working to end subsidies for wind power, an energy source that he dubs “a scam.” “We don’t have the money” to continue the subsidies, Alexander told Heritage in our latest segment …
Environmental activists and liberal politicians are fond of bemoaning the supposedly disproportionate tax benefits that go to the fossil fuel industry compared to its renewable energy competitors. The president specifically has made “ending tax breaks for oil companies” a pillar of his paltry efforts to reduce the federal deficit. But …
The Obama Administration voiced its support Monday regarding TransCanada Corporation’s plans to construct the interstate portion of the Keystone XL pipeline that does not require presidential approval. Remember that President Obama rejected TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries just this January. Has …
In sharp contrast to wind turbines, the wind lobby is spinning at 100 percent capacity—in order to keep the industry in the taxpayers’ pockets. Their dizzying logic makes you wonder if they have been riding the blades instead of examining the facts. First, they make two contradictory assertions: (1) Wind …
Responding to record-high gas prices and a potential for further disruptions in supply, Sen. Chuck Schumer (D-NY) on Monday requested that the State Department pressure Saudi Arabia to increase its oil production. The senator’s concerns are twofold: “Schumer called on the State Department to press the Saudis to publicly commit …
Democrats are urging President Obama to tap the Strategic Petroleum Reserve (SPR) to avert “potential danger to the economy” and improve “the [P]resident’s reelection chances,” Politico reports. Tapping the SPR, which exists for moments of national crisis, would constitute playing politics with a national security asset in addition to being …
