Posts Tagged ‘ oil ’

Oil and gas exports—a boon if government would step aside

March 24, 2015
By
Energy - Export

“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. She makes a strong case for U.S. exports: “jobs in export-intensive industries pay up to 18% more than jobs not related to exports.” Her premise is: “The U.S. economy ended 2014 on the uptick, and exports added to the momentum.” Noticeably absent is any mention of the potential for “high-quality jobs” and economic “uptick” that would come from…

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Mid-Atlantic energy resources advance long-term energy security

March 17, 2015
By
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At the end of January, the Obama administration announced the next step in a long process that could result in the exploration and ultimate extraction of oil-and-gas resources of the U.S. mid-Atlantic—something the Outer Continental Shelf (OCS) Governors Coalition supports. On March 30, the 60-day comment period ends. If everything goes well, we could see new American resources on the market in twenty years. With the current oil oversupply, it may seem like an odd time to be going after more. However, the legal wheels that could allow limited access to the vast, untapped oil resources move very slowly. Today’s…

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What’s up with the prices at the pump?

March 3, 2015
By
Arab America gas price standoff

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 a gallon from the January low—60 cents in California. Every year, at this time, refineries shut down to make adjustments from the “winter blend” to the “summer blend.” However this year, the increase is exacerbated. The unexpected extreme weather in the south, Bill Fleischli, executive vice president of the Illinois Petroleum Marketers Association, explained: “caused some of the…

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To win the war on energy you need to name the enemy

February 24, 2015
By
Obama Energy Regulations

“If you don’t call it something, you can’t connect the dots,” said Rudy Giuliani talking about ISIS. “If you can’t connect the dots, you can’t really combat it … you can’t have the battle of ideas … If you are going to debate it, you have to call it what it is.” The same can be said about the organized attack on fossil fuel development and use in America. If you don’t acknowledge a battle of ideas exists, you can’t connect the dots, and you can’t really combat it. It has recently been revealed that Russia is laundering tens of…

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What’s next for the Keystone pipeline?

February 17, 2015
By
Obama Keystone veto

After six years of dithering, the Keystone pipeline project has finally cleared both the Senate and the House with strong bipartisan support—mere percentage points away from a veto-proof majority. Now it goes to the White House where President Obama has vowed to veto it. We won’t have to wait long. He has ten days to make a decision. The Keystone pipeline should have never had to be an issue in Congress. Because it crosses an international border, the pipeline requires the approval of the State Department—not the president. However, since the Secretary of State—first Hillary Clinton and now John Kerry—serves…

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