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    Offshore Drilling Plan Lacks Something: More Drilling

    Yesterday, the Department of Interior released its new five-year offshore drilling plan. Unfortunately, the program is far less expansive when it comes to opening areas to access, exploration, and drilling than it should be. The plan schedules 15 possible lease sales in the 2012–2017 time horizon—10 in the central and … More

    Small Town Bucks the Economic Trend with Energy Production

    As goes Williston, North Dakota, so goes the nation? That’s probably not a phrase you’ve heard before, but if we opened access to our domestic energy sources, Williston could be the poster child for jumpstarting economic growth in many areas of the country. In fact, the state of North Dakota … More

    No Drilling, No Jobs, No Money

    The Obama Administration lifted the moratorium on new permits and drilling in the Gulf of Mexico, but the same problem persists as it has for over a year now. There’s not a whole lot going on down there. ODS-Petrodata Weekly Rig Count keeps tabs on rigs under contract and rigs … More

    Lunch with Heritage Online Chat on Green Jobs

    The bankruptcy of solar energy company Solyndra is making national headlines and has put President Obama’s green jobs programs under the microscope. Click here to join the chat! We are joined by Heritage’s Energy and Environment Policy Analyst Nick Loris. He is taking your questions about what can really create … More

    Heritage Libertad Radio: Rep. Farenthold, EPA and Price Controls

    In case you missed it, make sure you listen to last week’s Heritage Libertad Radio Show. Listen in Spanish or English. The Spanish show kicks off with a discussion of new government data regarding the Hispanic community. That’s followed up with a segment on immigration. The show closes with member … More

    Total’s Caspian Gas Discovery

    Total, Europe’s third largest oil company, announced last Friday that they have made a major gas discovery in the Caspian Sea. The discovery, made in the Absheron block off the coast of Azerbaijan, is thought to have large pockets of gas spread over a 270-square-kilometer field and holds about 350 … More

    20 Drilling Rigs in Jeopardy of Leaving Gulf Over Permit Delays, Report Warns

    If the pace of Gulf oil drilling permit awards does not increase, as many as 20 drilling rigs could soon leave the Gulf, a major investment bank announced. BER Capital Investments called the current rate of permitting unsustainable in a report released Wednesday. BER’s report noted that the slow pace … More

    Report: Increased Energy Production Would Boost Jobs, Federal Revenue

    Energy research firm Wood Mackenzie released a report on Wednesday that lends weight to arguments for greater energy exploration and production in the United States. The economic effects of such a policy, the report asserts, would be uniformly positive. The report summarizes its findings thusly: Wood Mackenzie’s analysis found that … More

    Exxon Storming the Arctic

    Last week, oil giant ExxonMobil announced an agreement with Russia’s state oil company, Rosneft, to explore for oil in the Arctic continental shelf in the Kara Sea. America’s largest oil company is taking the place of BP (British Petroleum), whose dealings with Rosneft earlier this year collapsed. The controversial Rosneft … More

    Valero Hits Back at 'Misleading' Report on Keystone Pipeline

    The renewable energy advocacy group Oil Change International released a report on Wednesday claiming that oil from Canadian tar sands imported to the United States through the proposed Keystone XL pipeline “would primarily be exported rather than used domestically in the U.S,” Politico reported. The report specifically and repeatedly cited … More