Energy issue positives from President Obama’s State of the Union address Tuesday night: Crediting surging domestic oil and natural gas production for adding jobs, creating economic growth and revitalizing the manufacturing sector. Recognizing that because of domestic output the U.S. “is closer to energy independence than we have been in decades.” Pledging to “slash bureaucracy” and streamline… Keep reading →
With the State of the Union address scheduled tomorrow night, let’s look at how policy goals in President Obama’s past annual speeches to Congress fit with oil and natural gas development. It turns out the fit is good – very good. For example, in the 2010 State of the Union the president called jobs his… Keep reading →
The U.S. energy revolution continues to reshape America’s energy outlook for the better. Thanks largely to shale energy reserves and advanced hydraulic fracturing and horizontal drilling, the U.S. Energy Information Administration’s 2014 Annual Energy Outlook estimates domestic oil production will approach 9.6 million barrels per day by 2016 – a level of output not seen since 1970.… Keep reading →
The Washington Post had an interesting article last week on a letter sent by 18 environmental groups to the White House. Interesting because it shows the extreme disconnect between their acknowledgement of reality and their demands. First the reality, from their letter: “We understand that the U.S. cannot immediately end its use of fossil fuels and we… Keep reading →
Some eye-popping numbers from a new report by API and the Association of Oil Pipe Lines: Liquid pipeline operators delivered 14.1 billion barrels of crude oil and petroleum products by interstate pipeline in 2012 Liquid pipeline operators operated 185,599 miles of pipeline in 2012 including 57,051 miles of crude oil, 64,024 miles of petroleum product, and 59,853… Keep reading →
