February 24, 2010
As energy secretary Steven Chu continues his trip through the Middle East to “discuss a range of energy issues, including energy security,” we ask: What else could have been accomplished by a quick trip to Canada, the U.S.’s largest energy importer and exporter? Washington, DC – As U.S. secretary of energy Steven Chu continues his [...]
February 23, 2010
Energy secretary jet-sets to the Middle East to “discuss a range of energy issues, including energy security.” We ask: Could as much, if not more, have been accomplished by walking 15 blocks to the Interior Dept.? Washington, DC – Today marks day two of Energy Secretary Steven Chu’s four-day, three-country tour through the Middle East [...]
February 12, 2010
One of the most disappointing aspects of the Obama Administration’s domestic policy has been the way it has dealt with domestic energy production – in particular new offshore energy production. It took oil prices reaching $147 a barrel for President Bush to tear up the moratorium on offshore energy production, but at least when he [...]
October 5, 2009
Washington, DC – Thomas J. Pyle, president of the Institute for Energy Research (IER), issued the following statement today on news that the Supreme Court has rejected an Interior Department request to reconsider a lower court ruling regarding oil and gas leases in the Gulf of Mexico: “It doesn’t take an advanced legal mind to [...]
September 16, 2009
FOR IMMEDIATE RELEASE September 16, 2009 Contact: Patrick Creighton, 202.870.0850 Laura Henderson, 202.621.2951 IER: Rahall Bill a Continuation of Failed Energy Policies From Washington ‘Energy’ hearing to focus on extending de facto offshore energy production ban, New bill will increase foreign energy dependence Washington, DC – Prior to part one of a two-day hearing on [...]
March 18, 2009
FOR IMMEDIATE RELEASE March 18, 2009 CONTACT: Laura Henderson (202) 621-2951 We Hate to Say We Told You So…. Canadian Energy Industry to Target Asian Trade, Avoid New U.S. Regulations WASHINGTON, D.C. – In response to a Globe and Mail report that indicated that Canadian energy producers will increasingly look to Asia to sell their [...]
March 13, 2009
FOR IMMEDIATE RELEASE: March 13, 2009 CONTACT: Laura Henderson (202) 621-2951 Cap and Trade: All Pain, No Gain for Consumers, Economy, Environment WASHINGTON, D.C. – On the heels of two hearings in the House today on how an economy-wide cap and trade program might affect working-class American families, Institute for Energy Research (IER) released an [...]
February 25, 2009
FOR IMMEDIATE RELEASE February 25, 2009 CONTACT: Laura Henderson (202) 621-2951 IER: Interior Decision on Oil Shale Locks Away American Energy Resource Larger than Total Reserves of Middle East WASHINGTON, D.C. – Institute for Energy Research (IER) president Thomas J. Pyle issued the following statement today after the Interior Department announced its plans to withdraw [...]
February 11, 2009
Myth: There’s not enough energy in the outer continental shelf (OCS) to make exploration worthwhile. Fact: The Minerals Management Service (MMS) estimates that the OCS contains 86 billion barrels of oil and 420 trillion cubic feet of natural gas. These estimates are likely very conservative, as bans on offshore leasing have made it illegal to [...]
February 4, 2009
A study conducted by CRA International[i] and released February 3rd by the American Petroleum Institute (API) finds that instituting a windfall profits tax on the oil and gas industry would cost the U.S. a net loss in jobs of between 370 to 490 thousand by 2030; reduce U.S. gross domestic product between 0.5 to 0.9 [...]