In a State of the Union address that mostly skimmed over energy issues – remarkable, given the generational opportunities stemming from America’s ongoing energy revolution – President Obama still underscored the yawning disconnect between his all-of-the-above energy rhetoric and his administration’s failure to put that rhetoric into action. Talking about the need for infrastructure investment,… Keep reading →
Ahead of the new European Commission’s highly anticipated publication of “proposals on a more closely-linked single energy market” in the first quarter of 2015 as part of a drive to loosen Europe’s energy dependence on Russia, leaked non-papers drawn up by governments of EU member states on the topic are being circulated in Brussels, according… Keep reading →
News that Saudi King Abdullah bin Abdulaziz Al Saud passed away sent oil prices sharply higher on Friday, but analysts dismissed the move as a knee jerk reaction, noting the recent trend remains intact. “It’s not an extraordinary move in oil prices, given the recent volatility and turmoil in the oil markets,” said Michael Levi,… Keep reading →
Happy New Year, and welcome to the 114th Congress! As Congress returns this month to a changed political landscape with the Republican Party now in control of both the House of Representatives and the Senate, ML Strategies is pleased to continue our tradition of offering an Outlook for the new Congress. In addition to the… Keep reading →
As the Texas legislative session begins ramping up, I am reminded of smart policies from sessions past that holistically benefit Texas, had bipartisan support, and brought unlikely allies together. As we head into the session, it’s important to remember that no matter which side of the aisle you are on, clean energy solutions make sense… Keep reading →
In its goal of pursuing statehood, the Islamic State became an oil state at the worst time. When international oil prices were trading closer to $100/bbl, it’s estimated that IS could have been making $6 million a day from black market oil sales. The oil price decline is altering the way IS conducts its business… Keep reading →
From low gas prices to growth in renewable energy sources like wind and solar, energy featured prominently in President Obama’s sixth State of the Union address. From the way we produce energy to how we use it in our homes and businesses, the President laid out key ways that he plans to fight climate… Keep reading →
On January 13, the Internal Revenue Service (IRS) released Notice 2015-4 which specifies the performance and quality standards that small wind turbines must meet in order to qualify for the 30 percent investment tax credit (ITC).
The fallout from declining oil prices continues materializing on a daily basis – several companies announced workforce reductions this week – and Baker Hughes is one of the latest to make that difficult decision. “This is what I hate about this industry, frankly, is these brutal cycles we have to go through,” said Martin Craighead, chief executive… Keep reading →
Four Washington Institute fellows discuss what the president’s address shows about his priorities in the Middle East, analyzing what he did and did not say and comparing his latest remarks to his past speeches. JAMES JEFFREY In his State of the Union speech, President Obama had the opportunity to educate the American people on the… Keep reading →
