President Obama, Dr. Chu and Their Fracking Whopper
…[It] was public research dollars, over the course of thirty years, that helped develop the technologies to extract all this natural gas out of shale rock – reminding us that Government support is critical in helping businesses get new energy ideas off the ground. – Barack Obama’s 2012 State of the Union Address On Thursday, Energy Secretary Dr. Steven Chu visited the National Energy Technology | Read More »
Max Bialystock and Leo Bloom were pikers compared to the Government’s “Green Energy” schemes. Bialystock and Bloom plotted to make millions with a guaranteed Broadway flop. Against all odds, Springtime for Hitler became a runaway hit, and The Producers went to jail. But at least Mssrs. Bialystock and Bloom produced something of value – a hit musical. Our Green Initiative produces flop after flop, but | Read More »
Dr. Steven Chu and ‘Common Sense’
Energy Secretary and Nobel Laureate Dr. Steven Chu defends the banning of conventional incandescent light bulbs as a ‘common-sense’ measure that is certainly a ‘win-win’ for consumers. (Caution: Clicking HuffPo links may cause a loss of IQ points.) Overall, consumers will save $6 billion a year from these standards. Here’s another example of how common-sense standards like these have been working for American families for | Read More »
Why Did Obama Open the Strategic Petroleum Reserve?
On Thursday, the Department of Energy announced a release of thirty million barrels of crude oil over the next 60 days from the Strategic Petroleum Reserve, the nation’s stockpile supposedly set aside for emergency supply disruptions. Washington, DC – U.S. Energy Secretary Steven Chu announced today that the U.S. and its partners in the International Energy Agency have decided to release a total of 60 | Read More »
Energy Policy: Is the Obama Administration Changing Its Tune On Natural Gas?
Natural gas currently satisfies nearly a quarter of the country’s total energy needs. Gas is clean-burning and has less environmental impact than either oil or coal. We have a secure and abundant supply in North America, the technology to drill and produce it efficiently, and a robust distribution network to deliver it to market. Natural gas drilling could generate new, good-paying jobs by the thousands, | Read More »