We’ve heard it all before, except now the message has been repackaged to deal with the evolving reality in the Energy Sector. In “fossil fuels”, we have two big success stories: the Shale Revolution and the continued success of domestic oil development. What we didn’t hear much about was rebuilding the economy based on Green Jobs. The new Green Economy had more than a few | Read More »
On Tuesday, the Institute for Energy Research issued its North American Energy Inventory (.pdf link), a report which documents the government’s own estimates of oil, natural gas and coal resources for the U.S., Canada and Mexico. (The IER is a non-profit, non-partisan 501(c)3 organization that is dedicated to advancing America’s supply using free market principles.) In a nutshell, North America contains a vast bounty of | Read More »
Your President has been telling you things that simply aren’t true. Things like “We can’t drill our way out of our energy problems.” Or “Oil and gas are the fuels of the past.” Or, perhaps worst of all, “The U.S. consumes 25% of the world’s oil, but controls only 2% of the world’s reserves.” Well, that last one may be technically true, but it is | Read More »
The Energy Information Administration of the Department of Energy compiles and analyzes energy-related statistics. One of their key reports is the Annual Energy Outlook. On December 14, EIA released its look at the next 25 years, the Annual Energy Outlook 2010 (AEO2010). This Early Release details only the Outlook’s “Reference Case” (assumptions here and here); the full report, due out in March, will cover a | Read More »
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