Horizontal drilling and hydraulic fracturing have boosted shale gas production from zero a few years ago to 10% of all US energy supplies in 2012, observes energy analyst Daniel Yergin. Fracking has also increased US oil production 25% since 2008 – almost all on state and private lands, and in the face of more federal land and resource withdrawals, permitting delays and declining public land production.
Governor Mitt Romney strongly supports North American energy independence as the foundation of renewed US employment and prosperity. President Obama is waging war on fossil fuels, job creation, and efforts to end our economic recession and reduce dependence on Middle Eastern and Russian oil.
After watching the first debate, I refuse to believe that American voters will choose an encore for Obama's version of "hope and change."
Duke Energy CEO Jim Rogers sets a new standard for crony capitalism. While the vast majority of crony capitalists are pragmatic businessmen who pursue a partnership with President Obama for purely financial reasons, Rogers is a different breed.
Barack Obama is beating Mitt Romney. Wait- Romney and Obama are tied in Pennsylvania. And how about all those bungled calls from the NFL fill-in refs?
If voters knew how America's economy would look after two terms of President Barack Obama's administration, Mitt Romney would win in a landslide.
Today, we explore the question: What will they think about us 50 years from now? What will they think of how we’ve tried to govern the country? What will they think of the arguments we’re having now?
There is pain associated with $4.00 a gallon gasoline. It’s not the kind you see on the news every night but it is just as tragic.
Pick up any 40-year-old science textbook – on chemistry, biology, geology, physics, astronomy or medicine – and you’ll find a slew of “facts” and theories that have been proven wrong or are no longer the “consensus” view. Climatology is no exception.
On September 13, the U.S. Environmental Protection Agency (EPA) sent an internal email to its staff under the subject line "Hispanic Heritage Month."
While all eyes were on the Republican National Convention in Tampa and Hurricane Isaac on the Gulf Coast, the White House was quietly jacking up the price of automobiles and putting future drivers at risk.
Seventy-plus men walked out of the ground, overalls and hardhats covered in coal dust, and onto the risers of a stage built for a Mitt Romney speech.
Welcome to the Wild West, 2012 style. The Feds to Tombstone: “If you want to fix your water line, better lawyer up and talk to President Obama.”
Ethanol, because it’s popular in corn-growing states such as Iowa and Nebraska, was once thought to be politically untouchable. But at the end of last year lawmakers finally scrapped a tax subsidy that paid refiners to blend ethanol into gasoline. The subsidy had cost Americans some $20 billion over three decades. “Fiscal conservatives joined liberal environmentalists to kill it, with help from a diverse coalition of outside groups,” The New York Times explained. And, as politicians must have noted by now, the world didn’t end.
President Obama and Governor Romney are worlds apart on energy, with Obama favoring severe restrictions on fossil fuel development and a "doubling down" (Obama is fond of this gambling terminology) on failed solar and wind subsidies.
If America had a “Spend Like a Drunken Sailor Award,” Navy Secretary Ray Mabus would win hands-down, for blowing $12 million on biofuel for Navy ships.
The latest justification for extending the industrial wind electricity production tax credit (PTC) is that we need an “all of the above” energy policy. The slogan falls flat, even when it’s expanded to “all of the above and below” – which is rarely the case with radical environmentalists and “progressive” politicians, who steadfastly oppose “any of the below” (ie, hydrocarbons).
For about 15 minutes, ObamaCare had been ruled unconstitutional. At least, that’s what those watching CNN on June 28 were being told. Then, on further review, the network changed its mind. ObamaCare lived, albeit in a Supreme Court-edited form.
Last week Minority Leader Nancy Pelosi instructed Democrats in the U.S. House of Representatives to not attend this September’s Democratic National Convention.
The Obama administration's loathsome cowboy, Interior Secretary Ken Salazar, won't take no for an answer. He's been smacked down repeatedly by federal courts for imposing a draconian, junk science-based moratorium on the oil and gas industry. Yet, the job-killing zealot and his boss just introduced another ruinous offshore drilling ban two weeks ago.
President Obama has waged war on fossil fuels for three and a half years – and American consumers and families are caught in the green energy crossfire.