The budget battles in Iowa and Washington, D.C., have again ignited the debate over national priorities. In a world of infinite wants and finite resources, our elected officials are forced to choose the best way to raise and allocate resources. Putting aside the superficial partisan squabbling, the process does illuminate what our elected officials truly […]
The Obama administration’s plan to alter tax deductions for some drilling costs would lead to the loss of 3.8 million barrels of oil equivalent per day from U.S. oil and gas fields, according to the American Petroleum Institute. A new study conducted for API by Wood Mackenzie concluded that President Barack Obama’s effort to eliminate […]
Actor and anti-Fracking hysteria-monger Mark Ruffalo went a bit over the edge on Tuesday (as is his habit), lashing out at President Obama for failing to ban hydraulic fracturing in his speech on “climate change”. Ruffalo was quoted by Politico as follows: “Obama deserves praise for prioritizing climate change, but if he’s serious he needs to […]
Making climate change the centerpiece of his second-term energy policy, President Barack Obama unveiled a package of about a dozen policies his White House said will change the way American makes and consumes energy. In the absence of Congressional action, the president’s energy policy push relies heavily on the Environmental Protection Agency’s ability to regulate carbon dioxide […]
President Barack Obama’s call to grow natural gas markets drew a lukewarm reception from the gas industry, which criticized his call to cut fossil fuel tax incentives and remained wary of threats to regulate the sector more tightly. Obama gave the natural gas industry a full-throated endorsement during his Tuesday climate speech, calling it “the […]
The American oil and natural gas industry is one of the few sectors that is pushing the economy forward and investing here at home – including my backyard in New York’s Southern Tier – in an otherwise slow recovery environment. These producers have generated billions of dollars in state, local and federal revenues while creating […]
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