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Keyword: oilandgas

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  • Rachel Marsden: America Is Under Threat From Reactive Foreign Policy

    04/08/2015 2:44:46 PM PDT · by Kaslin · 6 replies
    Townhall.com ^ | April 8, 2015 | Rachel Marsden
    PARIS -- We're witnessing arguably the most unfocused and undisciplined U.S. foreign policy in history under President Barack Obama. If I'm seeing it and you're seeing it, then it's a safe bet that America's opponents are seeing it -- and attempting to exploit it for long-term gain. What might that exploitation look like? Take a dog to a park and toss some sticks around, one after another and in different directions. Watch Fido zigzag around, bark at all the sticks in frustration, fail to retrieve one in favor of running after another. Agence France Presse reported concerns last week over...
  • Oil Prices Deliver a Crash Course in "Supply and Demand"

    03/13/2015 8:57:56 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | March 13, 2015 | Thomas Miller
    American consumers are still enjoying relatively cheap gasoline as the summer driving season gets closer. AAA reports the national average at $2.44 this week, still below the 50-year inflation-adjusted average of $2.50 per gallon. If you’d like cheaper gas, don’t blame the oil and gas industry. It’s been the United Steelworkers and their strike against Royal Dutch Shell and 11 refineries that ticked gas back up more than anything, although it appears that a settlement has been accepted. Refiners are in their bi-annual season of throttling back production to perform maintenance and retool for the summer blends. So it begs...
  • China's Torrid Middle Eastern Affair

    02/18/2015 1:47:15 PM PST · by Kaslin · 3 replies
    Townhall.com ^ | February 18, 2015 | Rachel Marsden
    PARIS -- While surfing the Internet on Valentine's Day, I came across a love story so poignant that I just have to share it with you. I'm taking really hot and heavy -- as in actual fire. I noticed a banner advertisement for an event in Riyadh, Saudi Arabia, in April called the "Kingdom Future Energy Summit," complete with a stunning image of what appears to be an ashen finger catching fire as it reaches out to touch a stream of oil. Ouch. It's the kind of image that you might expect neo-hippies to daydream between trips to the recycling...
  • Defense Against Demagogues

    01/28/2015 1:10:59 PM PST · by Kaslin
    Townhall.com ^ | January 28, 2015 | Walter E. Williams
    When gasoline sold at record prices, Sen. Bernie Sanders, I-Vt., said, "I think it's time to say to these people, 'Stop ripping off the American people.'" When the average price of regular gas was close to $4 a gallon, Sen. Chuck Schumer, D-N.Y., called for Congress to look into breaking up giant oil companies. The claim was that "Wall Street greed (was) fueling high gas prices." Today in some places, gasoline is selling for less than $2 a gallon, less than half of its peak price in 2008. The idiotic explanation that attributed high oil prices to greed might now...
  • Congress Should Pump the Brakes on Gas Tax Hike

    01/16/2015 8:40:50 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | January 16, 2015 | Eric Peterson
    While few Americans were fortunate enough to see a holiday bonus this year, there is one gift that American motorists have been enjoying of late; lower gas prices. Currently sitting at more than a dollar below the average price last year, U.S. drivers are projected to save somewhere between $380 and $750 dollars during 2015 if the prices hold. While wages have remained stubbornly flat for most workers, gas prices have provided a rare glimmer of hope for American workers, who have been struggling with an anemic job market, labor participation rates not seen since the 1970s, and median family...
  • A Time to Act on Energy Security

    01/09/2015 7:28:11 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | January 9, 2015 | Ken Blackwell
    With the new year comes a new Congress, and, as always, energy policy will be a major priority for this 114th session. Now that Republicans have regained control of both the Senate and the House, and with President Obama looking to establish his legacy, there is a unique opportunity to build positive momentum on energy security and reduce Americas vulnerability to the historically volatile oil market. Oil prices are at their lowest in years, and Americans may be tempted to think we are entering a new era of stable, cheap fuel. Indeed, we find ourselves in a phase of temporarily...
  • The Ironies of Oil

    01/01/2015 7:50:34 AM PST · by Kaslin · 22 replies
    Townhall.com ^ | December 31, 2014 | Victor Davis Hanson
    Gasoline prices are on the verge of crashing down to below $2 a gallon. The price of oil may dip below $50 a barrel. Even with renewed demand from a global economic resurgence, energy prices continue to fall. The U.S. has suddenly become the world's largest combined producer of oil and natural gas. That fact -- along with a desire to weaken hostile Iran and Russia -- has prompted the oil-rich Gulf sheikdoms to keep pumping oil even as the price falls. In their game of petro-chicken, the desperate sheiks hope that either their poorer enemies will run out of...
  • National Security Begins at Home

    12/30/2014 9:26:22 AM PST · by Kaslin · 1 replies
    Townhall.com ^ | December 30, 2014 | Francy Bennett
    Though we were promised a brand new day regarding Americas reputation in the world, the reality has been the opposite. Americans doubt the resolve of our President, as seen by the election results last month. Our nations image has suffered, and it is time we reverse this trend. This will not only secure our international standing, it will also secure our nations safety. Considering the drumbeat of violence around the world at any given moment from violence across the Middle East to the devastation caused by Ebola in West Africa conflict and instability seem to be a repetitive...
  • The Smartest President Ever Can't Drill His Way Out of This Problem

    12/11/2014 5:09:29 AM PST · by Kaslin · 24 replies
    Townhall.com ^ | December 11, 2014 | John Ransom
    We have two cautionary from overseas today.One of them is from Iran and the other is from France. Both of them demonstrate how wrongheaded, obtuse and shortsighted Democrats are on their policies and prescriptions for what ails the county.To battle unemployment France is considering a body of laws that would make it easier for French firms to hire people, including allowing shops to open on Sunday and relaxing labor laws that make it virtually impossible for French firms to fire someone. If you get a job in France, you apparently get a job for life whether your employer is a...
  • Why Gasoline Prices Are Down -- And How to Keep It That Way

    12/06/2014 12:16:40 PM PST · by Kaslin · 32 replies
    Townhall.com ^ | December 6, 2014 | Ed Feulner
    If youre like most Americans, you havent been questioning the welcome drop in gasoline prices. You just fill er up and feel grateful that youre spending less.But why has this remarkable drop come about? And what can we do to help keep prices lower?Some of it, unfortunately, is beyond our control. Worldwide demand for oil is down now. That always causes the cost of gasoline to drop.But the other side of the equation -- the part that is under our control -- has gone largely unheralded in many media accounts: the boom in U.S. energy production. Simply put, were producing...
  • The Great Turnaround

    12/03/2014 2:18:51 PM PST · by Kaslin · 23 replies
    Townhall.com ^ | December 3, 2014 | Paul Greenberg
    And they say there's no good news in the paper. But when it comes to oil, oil prices, oil diplomacy and just about everything else connected to this country's shale-oil boom, there's little but good news to report either at home or abroad. From the gas pump to international conferences, it's all good. Unless you're a gigantic corporation that's exploited this country's addiction to petroleum for years at immense profits. Or a rapacious oil sheik or dictator who's exploited not only his own people but the rest of the world. In that case, it couldn't happen to a more deserving...
  • Fascist Fact Checkers Can Apologize Now

    12/02/2014 7:21:09 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | December 2, 2014 | John Ransom
    Well after Thanksgiving we now have much more for which to be thankful. West Texas Intermediate crude oil slashed below $65 today as the market continued to chew on oversupply in face of a global economic slowdown. On Thanksgiving Day the cartel formerly known as OPEC met and decided to leave output unchanged and let free markets correct price and supply issues. Oil prices then plunged over ten percent on Friday, and some are asking if oil will go as low as $40 a barrel. I don’t know about that, but since June when West Texas oil hit $108 prices...
  • Saudis Dangerous Gambit

    11/29/2014 8:41:39 AM PST · by Kaslin · 54 replies
    Townhall.com ^ | November 29, 2014 | Charles Payne
    The biggest news for the United States stock market and American consumers happened on Thanksgiving in a far off desert kingdom. Saudi Arabia has taken the big gambit of not cutting production which means downward pressure on oil will continue, and that means less revenue for them. Why would a nation that gets 90% of their revenue from oil allow the price to plunge? Ive said it several times, but Im more convinced this is their (last) chance to crush, or at least derail/stall, Americas fracking miracle.Its a war without bullets, but make no mistake, it's also about no prisoners....
  • The Oil Weapon in America's Hands

    11/14/2014 1:54:09 PM PST · by Kaslin · 38 replies
    Townhall.com ^ | November 14, 2014 | Pat Buchanan
    In July of 1941, after Japan occupied French Indochina, the Roosevelt administration froze Japan's assets in the United States. Denied hard cash, Japan could not buy the U.S. oil upon which the empire depended for survival. Seeing the Dutch East Indies as her only other source, Japan prepared to invade. But first she had to eliminate the sole strategic threat to her occupation of the East Indies -- the U.S. battle fleet at Pearl Harbor. FDR's cutoff of oil to Japan was thus a primary cause of WWII in the Pacific, which led to hundreds of thousands of U.S. war...
  • Gas is Cheaper. Where are the Grandstanding Politicians?

    11/12/2014 11:39:02 AM PST · by Kaslin · 44 replies
    Townhall.com ^ | November 12, 2014 | Jeff Jacoby
    Oil prices are plunging. Gasoline is now cheaper than milk. Why doesn't Washington do something already?Since peaking in June, the price of oil has tumbled by 25 percent. Texas light sweet crude futures have fallen to around $77.40 a barrel, a three-year low, while Brent oil, the global benchmark, sank on Monday to its lowest price in four years.With cheaper oil has come cheaper gasoline. The national average price for a gallon of regular is now just $2.926. Drivers haven't seen pump prices this low since December 2010. Nor have they seen such a sustained decline — the price has dropped...
  • The Good News About Offshore Oil Rigs

    10/22/2014 7:03:37 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | October 22, 2014 | Jonah Goldberg
    Never let it be said that Mother Nature doesn't appreciate irony. A new study led by researchers at Occidental College and the University of California at Santa Barbara has found that the oil platforms dotting the California coast are fantastic for sea life. In a 15-year study, researchers found that the ecosystems that build up around artificial rigs host 1,000 percent more fish and other sea life than natural habitats such as reefs and estuaries. The California rigs outstripped even famously rich ecosystems such as the coral reefs of French Polynesia. Now, as a big fan of artificial reefs, I...
  • New Technology has Destroyed the Myth of Peak Oil

    10/06/2014 1:30:37 PM PDT · by Kaslin · 34 replies
    Townhall.com ^ | October 6, 2014 | Thomas Miller
    The Wall Street Journal ran an article recently exploring why the Peak Oil Predictions had not come true. Written by Russell Gold, the Journals senior energy reporter based in Austin, Texas, who himself released his first book called The Boom: How Fracking Ignited the American Energy Revolution and Changed the World, the article was an excellent walk through the ups and downs of the oil industry going back even to the late 1800s. For example, did you know that John D. Rockefellers partner in Standard Oil, John Archbold, said, I will drink every gallon (of oil) produced west of the...
  • American Oil and Gas Needed a Voice

    10/02/2014 11:17:31 AM PDT · by Kaslin · 4 replies
    Townhall.com ^ | October 2, 2014 | Thomas Miller
    Hats off to my friend, co-host and boss, Chris Faulkner. This past Monday, the Dallas Business Journal announced their 2014 Whos Who in Energy list. Under the Oil and Gas tab, it read the following: James L. Poston, Aruba PetroleumT. Boone Pickens, BP Capital Chris Faulkner, Breitling Energy I have to admit, I was pretty proud when I read that Monday afternoon. Ive been working with Chris on radio programs since December of 2013, and immediately I became aware of his incredibly sharp, witty and fast-thinking mind. These days, he and I may do up to 7 hours of oil...
  • American Oil and Gas Needed a Voice

    10/02/2014 10:15:13 AM PDT · by Kaslin
    Hats off to my friend, co-host and boss, Chris Faulkner. This past Monday, the Dallas Business Journal announced their 2014 Whos Who in Energy list. Under the Oil and Gas tab, it read the following: James L. Poston, Aruba PetroleumT. Boone Pickens, BP Capital Chris Faulkner, Breitling Energy I have to admit, I was pretty proud when I read that Monday afternoon. Ive been working with Chris on radio programs since December of 2013, and immediately I became aware of his incredibly sharp, witty and fast-thinking mind. These days, he and I may do up to 7 hours of oil...
  • The Oil Market: Time to Get off This Rollercoaster

    09/22/2014 9:55:28 AM PDT · by Kaslin · 33 replies
    Townhall.com ^ | September 22, 2014 | Ken Blackwell
    One look at todays headlines will tell you that events around the world seem more unpredictable and chaotic than ever. Russia is showing no sign of backing down in Ukraine, even under increasing sanctions. The terrorist group, the Islamic State of Iraq and the Levant (ISIL) continues to wreak havoc in the Middle East, energized by up to $2 million a day in captured oil revenues. And political violence from Iraq to Libya continues to escalate. Americans are stuck wondering what, if anything, we can and should be doing. In the midst of all this chaos, oil prices were expected...
  • Iraq Crisis: Latest Sign of U.S. Vulnerability to Oil Price Spikes

    06/24/2014 3:04:37 PM PDT · by Kaslin · 5 replies
    Townhall.com ^ | June 24, 2014 | Ken Blackwell
    The ongoing conflict in Iraq has serious implications for vital U.S. interests, the extent of which are difficult to decipher at this early stage. Who ends up holding the keys to power within Iraqi territory? What happens to the regional balance of power? How will Irans pursuit of nuclear weaponsand our efforts to stop thembe affected? One immediate effect of the turmoil, however, is painfully obvious: oil prices have already hit a nine-month high. Brent crude reached $115 per barrel this week, a level our country has not experienced since the height of U.S. tensions with Syria in September 2013....
  • Memorial Day Travel: American Families Pay at the Pump

    05/22/2014 7:18:23 AM PDT · by Kaslin · 14 replies
    Townhall.com ^ | May 22, 2014 | Ken Blackwell
    Summer is officially upon us, and millions of American families will soon be embarking on their annual trips to the beach, the mountains, the lake, grandmas house, or any other of the fantastic destinations our country has to offer. The beginning of summer driving season is also a time when many Americans turn even greater attention to the price of gasoline. After all, traveling several hundred or more miles in a loaded up minivan can rack up an awfully large fuel bill. But what about this year? Everyone knows that domestic oil production has been surging, and that this...
  • Cruder Than Alberta Tar Sands

    04/24/2014 7:28:22 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | April 24, 2014 | Debra J. Saunders
    According to experts cited by The New York Times, President Barack Obama's eventual decision on the Keystone XL pipeline -- last week, the administration once again postponed a decision -- "will have a marginal impact on global warming emissions." The global economy releases lots of greenhouse gas -- 32.6 billion metric tons of carbon in 2011. The Keystone XL pipeline would add 18.7 million metric tons. In the global greenhouse gas picture, it won't make a dent. To the working men and women of America, however, the project represents "a lifeline to good jobs and energy security," according to Terry...
  • Big Hole in Big-Oil Lawsuit

    03/06/2014 12:27:35 PM PST · by Kaslin · 7 replies
    Townhall.com ^ | March 6, 2014 | Debra J. Saunders
    The story starts with a former journalist and Harvard Law School graduate who wanted to improve conditions for Ecuadorean people living in the Amazon rain forest, polluted by a big oil company. In 2011, attorney Steven Donziger won a $9.5 billion judgment against Chevron Corp. But don't expect a happy ending for his clients. On Tuesday, Lewis Kaplan, a federal judge in New York, ruled that the Chevron judgment was "procured by fraud" and later covered up by "half-truths." Donziger's legal team "submitted fraudulent evidence," paid off a court-appointed "global expert" and even wrote the $9.5 billion judgment handed down...
  • Facing Reality on Carbon Dioxide

    02/25/2014 1:43:30 PM PST · by Kaslin · 10 replies
    Townhall.com ^ | February 25, 2014 | Mona Charen
    Though you wouldn't necessarily know it based on news coverage, the United States in the reign of President Barack Obama is enduring the most prolonged period of slow growth and high unemployment since World War II. The president asserts that he saved us from another Great Depression, which, like his claim that the stimulus would "create or save" millions of jobs, is about as provable as the number of angels that can dance on the head of a pin. The Obama administration has done little to spur job creation, but a great deal to inhibit it. The president mocks the...
  • Free the Keystone XL Pipeline, Mr. President

    02/05/2014 10:22:50 AM PST · by Kaslin · 4 replies
    Townhall.com ^ | February 5, 2014 | Jonah Goldberg
    Welcome to the "year of action." In last week's State of the Union address, the president vowed to do whatever he must to help the economy, even if that means working around Congress: "What I offer tonight is a set of concrete, practical proposals to speed up growth, strengthen the middle class and build new ladders of opportunity into the middle class. Some require congressional action, and I'm eager to work with all of you. But America does not stand still, and neither will I. So wherever and whenever I can take steps without legislation to expand opportunity for more...
  • Boehner Stands Up for Keystone

    02/04/2014 3:56:40 PM PST · by Kaslin · 14 replies
    Townhall.com ^ | February 4, 2014 | Heather Ginsberg
    As approval of the Keystone Pipeline continues to be an issue of debate, Speaker Boehner felt it was necessary to give the president a nudge with some impassioned words. After a member of the press asked Speaker Boehner whether the pipeline plan was too complex to attach to legislation raising the debt ceiling, he quickly responded by shooting that idea down. "Complex? The Keystone pipeline is complex?" Boehner said. "It's been under study for five years! "We build pipelines everywhere in American everyday. Do you realize there are 200,000 miles of pipelines in the United States? "The only reason that...
  • Remember The Energy Crisis?

    12/10/2013 10:13:58 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | December 10, 2013 | Paul Greenberg
    Who says the news is always bad? It's just that a discouraged editor on the night shift or a reader picking up her paper from the doorstep next morning may have to search for the good news between outbreaks of the other kind. Sometimes it helps to just pause and notice what's not there anymore, what's missing. Like any mention of what used to be a sad staple of the news, decade after decade: the Energy Crisis. Energy Crises used to come as regularly as flu seasons, some years or whole eras worse than others. Let's see, there was...
  • High Oil Prices Taxing American FamiliesBut Theres A Solution

    11/25/2013 4:29:01 AM PST · by Kaslin · 11 replies
    Townhall.com ^ | November 25, 2013 | Ken Blackwell
    At the beginning of this year, many Americans opened their paychecks to find that their take-home pay was suddenly less than it had been the previous month. The payroll tax cut had expired, resulting in the average American worker owing an additional $700 in payroll taxes this year compared to last. For a two-parent household, thats $1,400 less with which to pay the bills, put food on the table, and fill up the gas tank. But its far from the only added expense straining family budgets. Oil prices, in particular, have skyrocketed over the past decade, imposing higher direct and...
  • How Fracking Is Drying Up One Unlucky Texas Town

    08/29/2013 4:11:37 PM PDT · by Lorianne · 43 replies
    Yahoo.com ^ | 16 August 2013 | Douglas Main
    If you had to choose between natural gas production or drinking water in your hometown, which would it be? Some Texas residents feel they haven't been given this choiceand that hydraulic fracturing, or fracking, is taking more than its fair share of their groundwater, exacerbating the drought problems in an already parched region. The Guardian recently reported on the predicament facing a small town in Barnhart, Texaswhich "appears to have run dry because the water was being extracted for shale gas fracking." And fracking appears to play a role in many of these water shortages elsewhere in the state. Another...
  • Fracking Brings Employment And Economic Revival

    07/27/2013 5:21:17 AM PDT · by Kaslin · 22 replies
    Townhall.com ^ | July 27, 2013 | Paul Driessen
    Signs of pride and prosperity were evident all over Williamsport and the gorgeous northern Pennsylvania countryside around it. Friendly, happy people greeted us. New cars, trucks, hotels and restaurants sparkled in a clean, bustling downtown. New roofs topped barns and houses, while late model tractors worked the fields. Former dirt roads are now paved. Men and women again have high-paying jobs, young people are coming back instead of moving away, their salaries are supporting other businesses and jobs, and many are taking college programs in oilfield technical and business specialties, Vince Matteo told me. As president and CEO of the...
  • Gas

    04/30/2013 8:58:27 AM PDT · by Kaslin · 17 replies
    Townhall.com ^ | April 29, 2013 | Rich Galen
    I've done work for T. Boone Pickens and the Pickens Plan since 2008. I wanted to mention this at the top because we're going to be discussing natural gas. Don'tdon't go on your next email yet, this is actually pretty interesting. New data from the Environmental Protection Agency indicates that drilling for natural gas releases significantly less methane (the main component of natural gas) into the atmosphere than previously thought. Twenty percent less. This is not seen as good news for the ultra-environmentalists who fervently believe that any fuel made from fossilized plant or animal matter (coal or natural gas)...
  • America's Big Fat Advantage

    03/21/2013 6:19:14 AM PDT · by Kaslin · 5 replies
    Townhall.com ^ | March 21, 2013 | Victor Davis Hanson
    For all the Obama-era talk of decline, there is at least one reason why America probably won't, at least not quite yet. "Peak oil" and our "oil addiction" were supposed to have ensured that we ran out of either gas or the money to buy it. Now, suddenly, we have more gas and oil than ever before. But the key question is: Why do we? The oil and gas renaissance was brought on by horizontal drilling and fracking that opened up vast new reserves either previously unknown or considered unrecoverable. Both technological breakthroughs were American discoveries, largely brought on...
  • Who Would Follow Our Example on Keystone?

    03/15/2013 5:07:03 AM PDT · by Kaslin · 7 replies
    Townhall.com ^ | March 15, 2013 | Jonah Goldberg
    While many have long seen America as the global bad boy, everybody likes Canada. If Uncle Sam tucks his pack of Marlboros under his T-shirt sleeve and plays by his own rules, the Canadian moose -- or whatever their Uncle Sam equivalent is -- always wears his blue blazer and school tie and does his chores without being asked. Canada is a global citizen, a good neighbor, a northern Puerto Rico with an EU sensibility that earns its gold stars from the United Nations every day. This fact should have relevance below the 49th parallel. Right now, we're all...
  • Washington Turns Science to Science Fiction

    02/16/2013 12:34:05 PM PST · by Kaslin · 12 replies
    Townhall.com ^ | February 16, 2013 | Rich Tucker
    If you build it, an Iowa corn farmer was told in the movie Field of Dreams, they will come. That worked out so well for all concerned that the federal government is reviving the approach, with some slight edits. If we mandate it, the science will come, seems to be Washingtons motto. Instead, government has ended up replacing science with, well, fiction. Consider the push for renewable fuels. Its easy to see why lawmakers would want to encourage Americans to grow energy rather than dig it out of the ground. But in their eagerness to create an industry, lawmakers...
  • Billions in gas drilling royalties transform lives

    01/28/2013 5:24:58 AM PST · by thackney · 7 replies
    Fuel Fix ^ | January 28, 2013 | Associated Press
    Private landowners are reaping billions of dollars in royalties each year from the boom in natural gas drilling, transforming lives and livelihoods even as the windfall provides only a modest boost to the broader economy. In Pennsylvania alone, royalty payments could top $1.2 billion for 2012, according to an Associated Press analysis that looked at state tax information, production records and estimates from the National Association of Royalty Owners. For some landowners, the unexpected royalties have made a big difference.
  • No Time to Get LOST

    12/21/2012 9:28:04 AM PST · by Kaslin · 5 replies
    Townhall.com ^ | December 21, 2012 | Ed Feulner
    It is an outrage. The source of Defense Secretary Leon Panettas anger? The fact that the United States has yet to approve a treaty known as the U.N. Convention on the Law of the Sea, which often goes by the acronym LOST. Panetta was speaking after the election. His ire about LOSTs status suggests that the Obama administration may well make this a second-term priority. Its come close to being ratified by the U.S. Senate before -- it dates back to 1982, in fact. But LOST has never been able to gain enough supporters in the Senate. That could change,...
  • Winners and Losers Energy Policies

    10/18/2012 1:12:21 AM PDT · by Kaslin
    Townhall.com ^ | October 18, 2012 | Paul Driessen
    Governor Mitt Romney strongly supports North American energy independence as the foundation of renewed US employment and prosperity. President Obama is waging war on fossil fuels, job creation, and efforts to end our economic recession and reduce dependence on Middle Eastern and Russian oil. Romneys emphasis on careful analysis and due diligence brought him and Bain Capital notable winners like AMC Entertainment, Burger King, Burlington Coat Factory, Dominos Pizza, Dunkin Donuts and Staples. Obamas focus on ideology, political calculation, cronyism and campaign contributors produced losers and scandals like Abound Solar, Crescent Dunes, Ener1, Fisker, Mountain Plaza, Solyndra, Tesla, and a...
  • Vermont first state to ban fracking

    05/17/2012 9:48:37 AM PDT · by FreedomPoster · 63 replies
    CNN ^ | updated 10:41 AM EDT, Thu May 17, 2012 | CNN Wire Staff
    (CNN) -- Vermont's governor has signed a bill making it the first U.S. state to ban fracking, the controversial practice to extract natural gas from the ground. "This is a big deal," Gov. Peter Shumlin said Wednesday. "This bill will ensure that we do not inject chemicals into groundwater in a desperate pursuit for energy."
  • Federal energy policy? Be careful what you wish for

    05/05/2012 7:09:11 AM PDT · by Oldeconomybuyer · 4 replies
    Salem News (OH) ^ | May 5, 2012 | Editorial
    Last month President Barack Obama signed an executive order that could lead to more federal rules on gas drilling. Obama said it is important to take advantage of natural gas resources, but he added air and water quality must be safeguarded. Of course. But what Obama did last week was to establish a "working group" to coordinate federal oversight of the natural gas industry. It will be headed by Heather Zichal, who is deputy assistant to the president for energy and climate change. Zichal is no friend of fossil fuels. She once worked with the Sierra Club and was an...
  • TX Congressman Poe Calls for Resignation of EPA Official Who wanted to "Crucify" Oil & Gas Producers

    04/27/2012 6:51:28 AM PDT · by davidbellow · 15 replies
    Daily Caller ^ | 4/26/12 | Caroline May
    Theyd go into a little Turkish town somewhere, theyd find the first five guys they saw and theyd crucify them, said Armendariz. And then you know that town was really easy to manage for the next few years. And so you make examples out of people who are in this case not compliant with the law. The comments made by Administrator Armendariz back in 2010 confirm what weve known all along: the EPAs crusade to destroy the oil and gas industry is a politically premeditated effort, not one meant to protect the environment, Poe said. Administrator Armendarizs words reflect his...
  • EPA Official on Non-Compliant Companies:

    04/25/2012 5:30:35 PM PDT · by Kaslin · 15 replies
    The Blaze ^ | April 25, 2012 | Becket Adams
    Are you familiar with a certain Environmental Protection Agency (EPA) official named Al Armendariz? Chances are you’ve never heard of him. We suspect most Americans haven’t. However, with the recent unearthing of the video below, that could change very soon.Thanks to a little digging by the staff of Sen. Jim Inhofe (R-OK), attention has been brought to a 2010 video that seems to confirm what many conservative have long suspected: that the EPA is at war with the oil and gas industries.“[O]il and gas is an enforcement priority, it’s one of seven, so we are going to spend a fair...
  • Obama Administration's Energy Policy A Boon To Petrotyrants

    04/23/2012 5:26:41 PM PDT · by Kaslin · 3 replies
    Ibd Editorials ^ | April 23, 2012
    Oil & Gas/Fact & Fiction SeriesStrategy: Wittingly or not, President Obama has contributed to high oil prices by stymieing U.S. production. But if that's the idea, it makes sense to secure energy abroad. He hasn't. In fact, Obama's stated policy, in his March 30, 2011, energy speech has been a crude central planner's diktat of reducing oil imports by a third over the next 10 years and replacing them with increased production of biofuels and other unproven "green" energies yet to be developed. Net result: high oil prices and reduced U.S. access to overseas suppliers. A shrewder strategy would have...
  • Obama's Real Oil Agenda

    03/26/2012 7:15:52 AM PDT · by Kaslin · 9 replies · 13+ views
    Townhall.com ^ | March 26, 2012 | Dan Holler
    Soaring gas prices pose a major electoral vulnerability to a President so damaged he refused to celebrate the two year anniversary of his marquee domestic accomplishment. That is why, for the past several weeks, President Obama and his administration have been in damage control mode. At stops around the country, he sought to deflect blame for the pain Americans are experiencing at the pump. President Obamas basic defense goes something like this: presidents cannot control the price of gasoline, but I have increased domestic oil production and decreased our reliance on foreign oil, so really, when you think about...
  • Video: Obama says were producing too much oil and gas

    03/22/2012 12:05:04 PM PDT · by Nachum · 16 replies · 4+ views
    Hot Air ^ | 3/22/12
    President Barack Obama is in my home state of Oklahoma today, touting his tired talking points about energy in little Cushing, the town that fossil fuel built. For the record, most Oklahomans arent happy hes here. The state administration will give him no official welcome and protesters have already gathered near the location of the presidents speech, which predictably was closed to the public. First, listen to this portion of the presidents energy address (h/t Greg Hengler).
  • What If Oil and Natural Gas Are Renewable Resources? (Evidence mounting on limitless supply of oil)

    03/19/2012 6:58:46 AM PDT · by SeekAndFind · 137 replies · 1+ views
    American Thinker ^ | 03/18/2012 | Greg Lewis
    President Barack Obama and his green energy confederates are determined to scare the public about a declining supply of "fossil fuels." If we accept the idea that oil is produced by the conversion of organic matter -- from plants to dinosaurs -- under extreme pressure, we must also accept the idea that there is a limited supply of oil and that we've got to do everything we can to find a replacement for fossil fuels before we run out. The evidence is mounting that not only do we have more than a century's worth of recoverable oil in the United...
  • Big Oil, Bigger Taxes

    03/15/2012 4:39:00 PM PDT · by RicocheT · 9 replies
    Wall Str Journal ^ | March 14, 2012 | REVIEW & OUTLOOK
    President Obama says he wants to end subsidies for what he calls "the fuel of the past," but lucky for him oil and gas will be the fuels of the future too. His budget-deficit blowout would be so much worse without Big Oil, because the truth is that this industry is subsidizing the government. Much, much worse, actually. The federal Energy Information Administration reports that the industry paid some $35.7 billion in corporate income taxes in 2009, the latest year for which data are available. That alone is about 10% of non-defense discretionary spendingand it would cover a lot of...
  • Exxon barred from Iraqi oil, gas auction

    02/14/2012 4:34:26 PM PST · by ColdOne · 17 replies
    upi.com ^ | 2/14/12 | upi
    BAGHDAD, Feb. 14 (UPI) -- U.S. supermajor Exxon Mobil won't be able to take part in an oil and natural gas licensing auction scheduled for May in Iraq, a spokesman said. Iraq is expected to put around a dozen oil and natural gas blocks up for auction in its fourth licensing round, scheduled for May. Exxon Mobil is prohibited from taking part because it has contracts with the semiautonomous Kurdistan Regional Government. "The Iraqi government has decided that Exxon won't be allowed to participate in the next oil- and gas-bidding round," Faisal Abdullah, a spokesman for the Iraqi Oil Ministry,...
  • Ambrose: An energy boom looms, despite Obama

    02/09/2012 1:37:13 PM PST · by Oldeconomybuyer · 18 replies
    Scripps Howard News Service ^ | February 9, 2012 | By JAY AMBROSE
    Even the worst of presidents cannot stop the best of times, and it's beginning to look as if an unprecedented energy boom just might save President Barack Obama's re-election, despite his undying efforts to thwart energy development. He's worked hard at it, you know, and few things I've read sum it up better than a Wall Street Journal article by Stephen Moore. He interviewed Harold Hamm, an oil-company CEO who first discovered the Bakken oil fields in Montana and North Dakota, which was a bit like discovering gold in California in the 19th century but more than that. This is...
  • Environmental Scientist Caught Agreeing To Ignore Her Own Data, Make Up New Claims

    12/13/2011 12:19:01 PM PST · by Mount Athos · 12 replies
    Wizbang Blog ^ | December 12, 2011 | Kevin
    Dr. Ann Maest is a managing scientist at Straus Consulting, and shes the go to expert on all things groundwater. In the press release announcing her reappointment to the National Academy of Sciences, they mention that she is focused on the environmental effects of mining and petroleum extraction and production, and, more recently, on the effects of climate change on water quality. Maest is in high demand as an expert for those looking to stop oil and mineral exploration. Shes also heavily used by the federal government, even though after new details about her past work are coming to light...