IER President Thomas Pyle penned the following letter to House and Senate leaders and the authors of the “Gang of Ten” energy plan. Signed letters are attached, as is a draft copy of the Gang of Ten’s plan.
To the House of Representatives: To the Senate: Draft of the legislation:
September 9, 2008
The Honorable [...]
Most people think that falling gasoline prices are a good thing, but not the Washington Post. The Post actually argues that higher gasoline prices are a good thing for America. This is not a joke. They write:
If oil prices keep going down, what will happen to all the progress the United States has just made [...]
LOS ANGELES (Reuters) - California’s Santa Barbara County, site of a major oil spill that rallied opposition to offshore oil production 40 years ago, voted on Tuesday to support new coastal oil exploration and extraction.
The county Board of Supervisors’ 3-2 vote is largely symbolic, but comes amid a heated debate on lifting a long-time U.S. [...]
Rising oil prices in recent years have again raised the question whether worldwide oil production has reached a peak. Various analysts have suggested that the rapid run up in prices indicates that if oil hasn’t yet reached its peak of production, it will do so very soon.
At the same time, though, the world keeps discovering [...]
According to The Hill, Speaker Nancy Pelosi fired-up the crowd in Denver yesterday with lines like, “If folks say we need to drill offshore, don’t come around California.” Ironically, at roughly the same time, a federal appeals court was awarding damages to oil companies for contract violations stemming from government actions consistent with Pelosi’s [...]
by Brian Kennedy
In an August 16 radio address, the Speaker of the U.S. House of Representatives outlined a plan “to take our country in a New Direction for our energy future.” Last week, the Institute for Energy Research (IER) issued an analysis of that plan, entitled, Don’t Know Much About Energy. And yesterday, [...]
by Robert Bradley, Jr.
Chairman, The Institute for Energy Research
Energy is uniquely essential to modern life and human progress; it is the master resource. This book describes how the ultimate resource, the human mind, has harnessed energy to meet the world’s increasing needs. Throughout history, human knowledge, creativity, and sweat have overcome technical, resource, and environmental [...]
The oil and gas industry is frequently characterized as “Big Oil.” In fact, small businesses typically employing 10 full-time and 3 part-time employees drill 85 percent of the United States’ wells, produce 65 percent of the natural gas, and nearly 40 percent of the oil consumed by Americans.
Meanwhile, 97% of federal lands on the OCS and [...]
The National Petroleum Reserve – Alaska (NPR-A):
Formerly known as the Naval Petroleum Reserve No. 4, the vast 23-million acre area on Alaska’s North Slope has a history of nearly 100 years of petroleum exploration. In 1923, mindful of the land’s conceivable petroleum value, President Harding set aside these 23 million acres as an emergency oil [...]
Dan Simmons
Director of State Affairs
When the Boxer-Lieberman-Warner global warming bill was debated on the floor of the Senate June 2nd to June 6th, one thing became clear—the costs of cap and trade style greenhouse gas regulation were enormous. Almost all serious economic analyses agree on this central point.
Despite their defeat in the Senate, the supporters [...]
