Merry go round. Credit Shutterstock According to research by the Cologne Institute for Economic Research (Institut der Deutschen Wirtschaft Koeln) energy imports should not be “understood as a threat to the security of energy supply and an economic disadvantage” per se. The study – “Does Dependency Equal Vulnerability? Energy Imports in Germany and Europe” commissioned… Keep reading →
Texas, North Dakota and Pennsylvania Lead U.S. Energy Surge Forbes (David Blackmon) – As we prepare to celebrate our nation’s Declaration of Independence on Friday, it would also be appropriate to take a moment to celebrate those states who are currently leading our nation down the path towards energy independence. No issue facing America today… Keep reading →
Scientists had been attempting to explain why climate change appeared to slow after 1998 and a new study suggests major volcanic eruptions could have played an important role in the trend. “Powerful volcanic eruptions send small sulphur droplets, or aerosols, high into the atmosphere where they act as a mirror to reflect the sun’s rays… Keep reading →
This question has been dissected in many ways by analysts, politicians, business leaders and countless other stakeholders, with numerous conclusions drawn. Clearly the term “energy independence” can be defined many ways. In terms of power generation, the country already is energy independent. But US petroleum import volumes usually lie at the heart of this question… 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 →
Leave it to good old T. Boone Pickens to compare frog boiling with the US-Opec strategic relationship. Pickens today posted a piece on LinkedIn promoting his ‘Pickens Plan’ – a multi-pronged approach to eliminating US oil imports – that harkened back to President Nixon’s promise of US energy independence. In 1973, President Nixon said: “Let… Keep reading →
By Holly Ellyatt The shale gas revolution is only just beginning, but according to one leading analyst the U.K. and Europe have failed to capitalize on the maverick within the global energy market and are being left out in the cold. “I don’t think the U.K. is anywhere near catching up with the U.S.,” David… Keep reading →
Investment bank Raymond James has updated its US oil and natural gas liquids production forecast, with new estimates suggesting that the country could produce enough oil to satisfy domestic demand in less than ten years’ time. “The U.S. could easily be approaching the ‘holy grail’ of net oil ‘energy independence’ toward the end of the… Keep reading →
Former Chesapeake Chief Executive Aubrey McClendon just can’t stay away from buying up big tracts of shale-prospective land, a strategy that played a big part in saddling the company with a heavy debt load…apparently one of his new companies is purchasing land in the Utica Shale in Ohio. “McClendon’s playing the same business plan game… Keep reading →
Opinion: Climate, US Oil Exports and Energy ‘Less Dependence’
By Bennett ResnikCongress is currently involved in a highly polarizing and critical topic regarding America’s future: energy sources and the economic and environmental costs of our current regulations and policies. Several Senate and House committee hearings reflect this: hearing on “Laboratories of Democracy: The Economic Impacts of State Energy Policies,” “Modernizing the Business of Environmental Regulation and… Keep reading →