• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • oil

    One Tiny Cheer for Obama on Drilling

    President Obama has often said that we need more oil and gas drilling in the United States, but rarely have the Administration’s actions matched his rhetoric. In his weekly video address, however, the President called for more lease sales in Alaska’s National Petroleum Reserve, extended leases in the Gulf of … More

    Obama Oil Policy Threatens Alaska Pipeline’s Existence

    The invaluable Alaskan oil pipeline isn’t doing well these days. A remedy to help fix this precious resource is available but overzealous environmentalists and over-regulatory politicians are standing in the way.  The ever-decreasing amount of oil flowing through the pipeline is disrupting its effective operation — and threatening its very … More

    ‘Understaffed’ Federal Agency Devises New Regulations for Offshore Drilling

    The director of the federal agency responsible for the drilling permit logjam in the Gulf of Mexico has said his agency is too understaffed to address the slowdown in permits — but he now plans to divert his already limited staff resources to the additional regulation of oilfield service providers … More

    Obama’s Gas Prices Picture Says All the Wrong Words

    The White House released an infographic entitled “The Obama Energy Agenda & Gas Prices” that highlights a number of facts with regards to domestic oil production, improved fuel efficiency, improved transportation fleet and a clean energy future. While a picture may say a thousand words, this graphic conveniently omits critical … More

    How Oil Profits Are Good for Americans

    You could substitute a newspaper article from June 2008 with today’s gas price stories, and no one would know the difference. The story is the same: politicians blaming speculators and big oil while ignoring supply and demand issues and the impact of a weak dollar on oil prices. It’s been … More

    EPA Blocks Oil Drilling in Alaska

    There are an estimated 27 billion barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region. With gas … More

    Obama’s Blame of Speculators, Forming of Gas Task Force Misguided

    Maybe President Obama should start investigating John F. Kennedy’s shooting in his spare time, because he’s not going to find a satisfying conspiracy in gas prices. Better yet, he could pick up an economics textbook and turn to the chapter on Supply and Demand. His finger-pointing at speculators and formation … More

    Gas Prices Going Up, But President Obama Is Standing Still

    The gas price headlines aren’t looking so good for Americans. Honolulu is a penny away from record gas prices. Chicago gas nears $5 a gallon. Nationally, $4 a gallon average gas may be only be a month away. There’s something that President Obama could do to help solve the problem … More

    How High Will Gas Go?

    It’s a question that seems so 2008, but it is rearing its ugly head again. The average price of a gallon is already nearing record levels and there is no relief in sight. Some areas, like Chicago, could see prices as high as five dollars a gallon by the Memorial … More

    President Obama Blames You for High Gas Prices

    President Barack Obama deflected blame for high gas prices yesterday, by blaming American consumers for their automobile choices. According to the AP, at an event at a wind turbine plant, “Obama needled one questioner who asked about gas prices.” Obama laughingly said: “If you’re complaining about the price of gas … More