Late last week the Obama administration gave the go-ahead for limited domestic crude oil exports to Mexico, a positive move on oil exports – yet one that immediately underscores this question: Why stop there? According to the Associated Press, license applications approved by the Commerce Department allow the exchange of similar amounts of U.S. and… Keep reading →
OK, so EPA says safe hydraulic fracturing isn’t a threat to the nation’s drinking water. That’s great news for America’s energy revolution, which is being driven by advanced fracking and horizontal drilling. Without them there’s no revolution and certainly fewer jobs and less economic opportunity. Thanks, EPA, for following the science and recognizing – as… Keep reading →
Following on this week’s post on increased domestic energy production that is backing out imports, we see that the U.S. remained No. 1 in the world in the production of petroleum and natural gas hydrocarbons last year, according to the U.S. Energy Information Administration (EIA). The government agency responsible for quantifying all things energy says that… Keep reading →
Near the end of his appearance on the “Colbert Report” earlier this week, President Obama tells host Stephen Colbert that getting things done is the real satisfaction he takes from his job: “I love the job, and it’s an incredible privilege. But when you’re in it you’re not thinking about it in terms of titles.… Keep reading →
A good deal of the buzz generated by America’s ongoing energy revolution has centered on the way surging domestic production is changing the crude oil imports picture. No question, it’s a pretty one, with net imports as a share of consumption falling to levels not seen in nearly three decades. That’s great news for job creation,… Keep reading →
A new report from Brookings’ Energy Security Initiative adds more scholarly weight to the analytical case for lifting America’s decades-old ban on crude oil exports. Echoing earlier studies by IHS and ICF International, the Brookings research finds that allowing the export of domestic crude would stimulate more oil production here at home, provide broad economic benefits and strengthen U.S. energy… Keep reading →
U.S. Trade Deficit Narrows in June – Thanks to Oil and Natural Gas Exports The Christian Science Monitor: WASHINGTON — An oil and gas boom helped drive the US trade deficit to a five-month low in June, according to federal data released Wednesday. Increased domestic energy production means Americans are buying less foreign oil and gas, and selling… Keep reading →
Analysis of the March 30 local elections from Turkey scholar Soner Cagaptay and former U.S. ambassador to Ankara James Jeffrey. On March 31, 2014, Soner Cagaptay and James Jeffrey addressed a Policy Forum at The Washington Institute. Cagaptay, the Institute’s Beyer Family Fellow and Turkish Research Program director, is author of The Rise of Turkey: The… Keep reading →
