The Obama Administration, encouraged by environmental groups, has blocked yet another affordable energy project—the Keystone XL Pipeline. Add this to the unconscionable slowdown of leasing and production in the Gulf of Mexico, foot-dragging on production in the Chukchi and Beaufort Seas, blocks on offshore production in the Atlantic and Pacific, …
Yesterday in Walt Disney World, the land “where dreams come true,” President Barack Obama appeared before Cinderella’s Castle to announce his latest plan to boost jobs in America–an effort to increase tourism to the United States. His announcement came one day after he flat out said “NO” to another plan …
President Obama announced he was rejecting the Keystone XL pipeline project Wednesday, blaming Republicans in Congress for forcing him to make a decision. The pipeline would have transported up to 830,000 barrels of oil per day from Alberta, Canada to Oklahoma and Texas. “This announcement is not a judgment on …
In the wake of President Obama’s decision to shut down the Keystone XL pipeline on Wednesday, the House Energy and Commerce Committee has scheduled a hearing to review legislation that would restart the project, and give oversight responsibility to an agency the bill’s proponents say is less politically motivated than …
President Obama’s politically intoned decision to reject TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries sent a clear message that special interest demands are of more importance than more energy and much-needed job creation. Building the pipeline would bring over 700,000 barrels of oil …
Iran’s Islamist dictatorship has escalated its bellicose rhetoric in recent days, boasting about its ability to disrupt oil exports from the Persian Gulf and warning that U.S. Navy warships (particularly the aircraft carrier USS John C. Stennis, which recently exited the gulf) could be attacked in the future. Iran has …
Russian Prime Minister Vladimir Putin announced that his country, the world’s leading oil and gas producer, plans to work closely with the Organization of Petroleum Exporting Countries (OPEC), the oil cartel. Russia has long spoken about linking up with OPEC, but at this point the extent of its participation has …
