Debunking the War on Fracking
On today’s edition of Coffee and Markets, Brad Jackson is joined by David Holt to discuss incorrect myths about fracking, the importance of natural gas in our economy and the latest on the Keystone XL Pipeline.
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Fracking: Drilling Past The Myths
It’s probably safe to say that most Americans are unaware of what the term “fracking” means. If you’ve heard of it, the details can be hard to pin down due to the controversy surrounding the method of gas extraction. With mainstream movies like Gasland and The Promised Land on their side, those opposing fracking have easily buried the truth below layers of myths. Fortunately, as | Read More »
A License to Drill
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Scott Lincicome to discuss America’s energy production, restrictions that keep us from exporting oil and natural gas, and what economic benefits a new policy could bring.
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Is There a Carbon Tax in Your Future?
Amid the Fiscal Cliff foolishness, a carbon tax may offer conservatives a chance to “green their brand” while giving statists a tool to hobble the economy.
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LNG and Natural Gas Exports: A Primer
Natural gas exports were unthinkable five years ago, but the shale gas revolution means excess supply and lower prices. Political opposition looms.
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‘We have more oil and natural gas than anyone thought possible even 5 years ago.’
The domestic oil and gas supply picture is better than it’s been in a generation, and it’s getting better every day. That’s not just my opinion; it’s also the conclusion of Adam Sieminski, chief administrator of the Department of Energy’s Energy Information Administration (EIA), the government’s one-stop shop for all statistics related to our nation’s energy production and consumption. Sieminski was interviewed by Platt’s Energy | Read More »
Will Obama Tap Strategic Petroleum Reserve to Lower Gas Prices Before the Election?
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by David Holt to discuss Obama’s plans to release oil from the Strategic Petroleum Reserve before the election, the risk we would face with a depleted reserve should Israel attack Iran, and why fracking has an image problem. We’re brought to you by Stephen Clouse and Associates and The Heritage Foundation’s | Read More »
DC Circuit Tosses Out EPA’s Pollution Rule
Amidst Obama’s inexorable war on American energy, consumers, jobs, and prosperity, his EPA is in the process of promulgating 4 new pollution rules that will bury the coal industry and “necessarily” raise the price of electricity on American households. They are the Cross-State Air Pollution Rule, the Mercury and Air Toxics Standards for Utilities (MACT), the Cooling Water Intake Structures regulation, and the Disposal of | Read More »
Frack Global Warming
Good morning. Excellent news abounds. The United States has significantly lowered its airborne emissions of CO2. This is truly positive news, given that the US EPA and many members of Congress view this pollutant with such concern that they would willingly consign the economy to a system of CO2 permits that would limit what can be produced, consumed and enjoyed by every American. The news | Read More »
Natural Gas Economics: A Look Under the Hood
Christmas comes in June for energy geeks and graph junkies. Every year, the Energy Information Administration of the Department of Energy releases its Annual Energy Outlook (AEO), a compendium of 30-tear forecasts and analyses of energy sources and uses. The 212 page .pdf file contains tables, bar charts and area graphs galore, enough to provide blog fodder at least until Christmas (the December one). This | Read More »
The Simple Lesson of John Sullivan’s Defeat in OK-1
In what was supposed to be a snoozer election night, a little known conservative candidate, Jim Bridenstine, came out of nowhere to unseat 10-year veteran John Sullivan in conservative Oklahoma District 1. He did so by a 7-point margin, even though he was outspent 4-1 and nobody gave him any hope of succeeding. Even among many politicos who woke up to read about this astonishing sleeper | Read More »
, jim bridenstine
, john sullivan
, madison project
, natgas act
, Natural Gas
, red states
, t. boone pickens
, voting records
Shale Fracking: If it Keeps Moving, Regulate it
Shale technology coupled with horizontal drilling has created the biggest oil and natural gas boom in recent years. Fracking could become the most auspicious innovation of the past decade. It has already created thousands of jobs, and has the potential to drive down the cost of energy and reinvigorate our economy. Unfortunately, the more successful the private innovation, the more Obama’s regulatory regime will ensure | Read More »
The Most Ludicrous Graph of the Month
Obama’s energy policies are a key vulnerability in the November elections, which has his staff scrambling to make it look like he’s actually done something to support domestic energy production. Since neither he nor anyone in his Administration knows the first thing about oil and gas, that can lead to some pretty ridiculous claims. Like, for example, the following graph, found at Obama For America‘s | Read More »
Six House Dems Would Confiscate ‘Excessive’ Oil Profits
Six House Democrats, led by Rep. Dennis Kucinich (D’OH), have filed a bill aimed at controlling gasoline prices. Styled the “Gas Price Spike Act”, H.R. 3784 would establish a “Reasonable Profits Board” which would have the power to confiscate 100% of oil company profits above a level that they deem to be “reasonable”. I know: “You had me at ‘Kucinich’.” Kucinich is either a naive | Read More »
1. Despite a natural gas drilling moratorium in New York, that state’s Chemung and Broome Counties are feeling the economic lift from drilling next door in Pennsylvania. But to the New York Times, the ex-pat workers, largely from Texas, Oklahoma and Louisiana, have awfully low-brow tastes, don’t you know. (NYT link below the fold.) 2a & 2b. The Daily Beast seems to have turned over | Read More »