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Congress Should Let Market Take Care of Energy Industry
Tweet Share on Facebook September 29, 2011 Comment (1)Daniel Kish is the senior vice president for policy at the Institute for Energy Research.
There's nothing particularly special about room 1324 in the Longworth Office Building or even the Subcommittee on Water and Power that calls it home. In fact, everything you'd imagine it to be is there: portraits, a handful of policy wonks in an otherwise empty gallery, and a few elected representatives seated behind microphones providing lectures on subjects on which they were just briefed. In essence, this is how sausage is made and from time to time the American public gets a taste.
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For Keystone XL Pipeline, the Devil Is in the Details
Tweet Share on Facebook September 28, 2011 Comment (3)Gregg Laskoski is a senior petroleum analyst for GasBuddy.com
A lot of folks have an interest in pushing the proposed Keystone XL Pipeline to a timely completion. That's the $7 billion TransCanada project that would bring nearly 1.3 million barrels per day of crude oil from Alberta, Canada and North Dakota to land-locked Midwest and East Coast refineries, and, to the Gulf of Mexico.
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Dip in Global Oil Demand Lowers Gas Prices
Tweet Share on Facebook September 28, 2011 CommentThe end of summer means flip-flops will soon be relegated to the depths of the closet or for use as props in political attacks. But the change in season also brings good news for drivers around the country: cheaper gasoline.
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'Green Tape' Is Stopping U.S. Energy Production and Job Growth
Tweet Share on Facebook September 22, 2011 CommentThomas Pyle is the president of the Institute for Energy Research.
It surprises many people when they learn that the United States is the world's third largest oil producer and that only Russia and Saudi Arabia produce more oil than we do. The United States has large oil resources that could be used to create more domestic energy and keep energy prices lower. Making more of anything at home means more jobs, more economic growth, and more tax revenue for the federal government. But instead of encouraging energy production, politics is keeping these resources off limits and the president is once again taking pot shots at the people who work to make energy here at home. The saga of one company that is attempting to produce oil off the coast of Alaska is a good example of the obstacles placed in the path of domestic energy development on federally-controlled lands.
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Why Raising Taxes on the Oil and Gas Industry Doesn't Make Sense
Tweet Share on Facebook September 15, 2011 Comment (6)Thomas Pyle is the president of the Institute for Energy Research
On Wednesday, September 8, the Joint Select Committee on Deficit Reduction—or so-called "super committee"—held its inaugural meeting to discuss ways to curb federal spending and reduce the national deficit. At the meeting, each of the committee's 12 members gave opening statements pledging to work toward the common goal of coming up with at least $1.5 trillion in savings over a 10-year period, but ideological disagreements on where those savings should come from were apparent. Senator Patty Murray, the Committee's co-chair, said the following: "There is broad understanding among us that economic growth and job creation are the best ways to reduce the deficit and debt—though we certainly have some real differences regarding how to achieve that."
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Abiotic Oil a Theory Worth Exploring
Tweet Share on Facebook September 14, 2011 Comment (20)It's our nature to sort, divide, and classify. We label ourselves to identify political leanings, religious beliefs, the food we enjoy, and the sports teams we cheer. The oil industry too has its own distinct labels which include the "Peak Oil" theorists, those who believe the world is fast depleting the finite supply of fossil fuel; and the pragmatists, those who recognize that engineering and technological advances in oil drilling and extraction continuously identify new reserves that make oil plentiful.
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Obama Ignores Green Jobs in Speech
Tweet Share on Facebook September 9, 2011 Comment (6)In his State of the Union address in January—his last high-profile joint session address to Congress—President Obama mentioned the word "energy" nine different times. In last night's jobs speech, also before both congressional chambers, the word didn't leave his mouth. That begs the question: Is Obama done with his green jobs push? And also, what's the president losing by not focusing on the energy sector at all?
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Obama's Green Jobs Agenda Already Proven to be Ineffective
Tweet Share on Facebook September 8, 2011 Comment (6)Thomas Pyle is the president of the Institute for Energy Research
There is a saying that the definition of insanity is doing the same thing over and over again, but expecting different results. Thursday, President Obama will unveil a new jobs plan that, according to news reports, will rely heavily on new federal spending on "clean energy" along with preferential tax treatment for some businesses. In other words, it's a repackaging of the president's discredited green jobs agenda. As we have noted before when this sort of thing has been trotted out, it is unfortunate for the economy and the millions of people out of work that the president insists on beating this dead horse.
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Historically High Oil Exports Helping Keep Gas Prices High
Tweet Share on Facebook September 8, 2011 Comment (15)Many Americans know supply and demand can make an impact on how many dollars they shell out at their local gasoline station--the lower the supply the higher the price. Is part of the reason supply is low because refiners are keeping it there deliberately while sending refined oil overseas?
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Alan Krueger Has Some Peculiar Views on Energy Policy
Tweet Share on Facebook September 1, 2011 Comment (2)Daniel Kish is the senior vice president for policy at the Institute for Energy Research.
The latest in President Obama's revolving door of White House Economic Council Chairmen—Dr. Alan Krueger—has some peculiar views on our national energy policy, to say the least.
