By Rick Manning Electricity is the lifeblood of industry. Inexpensive, reliable electricity is an essential element that business leaders consider when choosing where to locate a job-creating factory, and this is one of the United States’ natural competitive advantages. America is blessed with abundant natural resources, including […]
By Robert Romano Oil consumption in advanced economies in 2014 was at its lowest level since 1995, data from the U.S. Energy Information Administration shows . Use of petroleum in Organization for Economic Co-operation and Development (OECD) nations, which includes the U.S., Canada, Mexico, Europe, Japan, and South Korea, peaked in 2006 at 50.1 million […]
By Marita Noon “Businesses that sell to foreign markets put more people to work in high-quality jobs, offering more Americans the chance to earn a decent wage,” claimed the Obama administration’s Secretary of Commerce Penny Pritzker in a March 18 Wall Street Journal (WSJ) opinion piece. […]
By Marita Noon First, Saudi Arabia drove down the price of oil by increasing its production, which gave Americans a welcome drop in prices at the pump. Could the kingdom now be pushing them back up? Prices at the pump have gone up nearly 40 cents […]
By Marita Noon For the past six years, the oil and gas industry has served as a savior to the Obama presidency by providing the near-lone bright spot in economic growth. Increased U.S. oil-and-gas production has created millions of well-paying jobs and given us a […]
By Rick Manning The free market miracle that is U.S. domestic energy production keeps going as domestic oil production, particularly that generated by hydraulic fracturing shale, has produced a massive economic stimulus. How much stimulus? CNN/Money quotes Stephen Stanley, Chief Economist Amherst Pierpont as pinpointing it at $1 billion […]
By Ron Arnold Why does the Environmental Protection Agency’s regulatory war against hydraulic fracturing look like the Natural Resources Defense Council’s 2007 agenda for eliminating domestic oil and natural gas development? Because it is. The NRDC’s unjustifiable access to such anti-fracking regulatory power—and the diversion […]
By Marita Noon After years of rising gasoline prices, people are puzzled by the recent drop that has a gallon of gas at levels not seen in nearly four years . Typically in times of Middle East unrest, prices at the pump spike, yet, despite the violence in […]
By Marita Noon “You are responsible for President Obama’s re-election,” I told 150 folks from the oil and gas industry —most of whom were conservative Republicans. I spoke to them on October 15 in San Angelo, TX. A reporter covering the event wrote that I “stunned […]