Nebraska Gov. Heineman to the Left of Obama Administration on Keystone Pipeline

By: Daniel Horowitz (Diary)  |  September 1st at 04:21 PM  | 

After three years of cumbersome red tape, environmental impact studies, and endless litigation, the Canadian Keystone KL Pipeline extension project is close to obtaining final approval from the State Department.  This $7 billion pipeline project, when completed, would transport over 700,000 barrels of oil per day from the Canadian tar sands in northeast Alberta to the hungry oil refineries on the Texas Gulf coast.  This | Read More »

Secretary Chu’s Insidious Economics of Energy

By: Daniel Horowitz (Diary)  |  March 2nd at 04:32 PM  | 

Earlier today, Energy Secretary Steven Chu reiterated his insouciance to the plight of the American consumer of oil and gas.  Chu told members of the Senate Budget Committee that there is no need to tap into the Strategic Petroleum Reserves because it will be corrected by spare world oil capacity: “we have spare capacity, we expect naturally that the market forces will take care of | Read More »