Happy birthday, fracking! What a fantastic, 65-year ride it has been – and here’s to another 65 years and more. Advanced hydraulic fracturing and horizontal drilling launched an oil and natural gas renaissance in this country – bringing dynamic job creation, economic stimulus that radiates well beyond the oil and natural gas industry proper and… Keep reading →
In a post last week we discussed the way the Ukrainian crisis is focusing a number of U.S. leaders on the potential foreign policy impacts of surging U.S. energy production. With its vast natural gas reserves, the U.S. could be a leader in the global market for liquefied natural gas (LNG), if we took the steps to make… Keep reading →
A new Washington Post/ABC News poll on the Keystone XL pipeline adds to the drumbeat of strong public support for building the pipeline. The Post/ABC survey shows a nearly 3 to 1 margin, with 65 percent saying Keystone XL should be approved. Details of the poll show why: 85 percent say the pipeline will create a significant number of… Keep reading →
EPA’s new, stricter rule requiring refiners to remove the last bit of sulfur from gasoline very likely will impact consumers and put additional drag on the economy while providing, at best, negligible benefit. The agency’s Tier 3 rule is a prime example of an unreasonable regulatory reach – one that studies have shown will increase… Keep reading →
The revolution in North American energy development has been made possible by technological breakthroughs in decades-old methods of energy development, which has set this nation on the path to energy security, a concept unthinkable just a few years ago. The energy policies we choose today will determine if our nation will continue its march toward… Keep reading →
In recent years we’ve regularly disagreed with the Renewable Fuels Association (RFA) on the Renewable Fuel Standard (RFS) because its ethanol mandates could harm consumers and the broader economy. The conversation with Big Ethanol has been, well, spirited. That said, hats off to RFA for including an oil and natural gas industry executive as one of the keynote… Keep reading →
The outlook for U.S. energy from shale and other tight-rock formations just keeps improving. Two new assessments underscore this. First, a panel hosted this week by CSIS revisited the National Petroleum Council (NPC) report on U.S. unconventional natural gas issued in 2011 and concluded that new discoveries and technologies paint an even brighter picture than NPC did… Keep reading →
The oil and natural gas industry is committed to the safety of highly trained workers who are helping lead America’s energy renaissance. That’s why – while questioning some of the analysis underlying proposed new limits on breathable crystalline silica in the workplace – industry will work with government officials on a final rule that’s workable,… Keep reading →
U.S. Energy Secretary Ernest Moniz, addressing a propane shortage currently affecting millions of consumers in the Northeast and Midwest at the National Association of State Energy Officials annual policy outlook conference last week: “There’s a lot of day-to-day issues to be concerned about but we also want to keep this in a broader context. What we’re… Keep reading →
Big news from the Commerce Department this week is that U.S. exports rose to a new high in 2013 and imports dropped to their lowest level since 2009 for the smallest U.S. trade deficit since 2009 – thanks largely to reduced oil imports due to growing domestic production and record exports of products made from petroleum. The Wall Street Journal (subscription… Keep reading →
