FOR IMMEDIATE RELEASE August 23, 2010 CONTACT: Laura Henderson 202.621.2951 Pyle: One job killed as a result of reactionary government policy is one job too many WASHINGTON – In response to news reports detailing the Administration’s misguided approach to the economic and employment impacts its drilling moratorium has had on Gulf Coast communities, Institute for [...]

WASHINGTON – In response to the U.S. Interior Department’s announcement that it will add even more red tape to the already lengthy permitting process for deepwater oil and gas production, Daniel Kish, Institute for Energy Research senior vice president for policy, released the following statement: “The Administration continues its assault on US energy production, this [...]

The Department of Energy’s independent statistical agency is forecasting that the Obama Administration’s drilling moratorium will reduce domestic oil production. The Energy Information Administration (EIA) estimates that the drilling moratorium will reduce crude oil production by an average of about 31,000 barrels per day (b/d) in 2010 and about 82,000 b/d in 2011.[i] Recently domestic [...]

Obama’s Offshore Moratorium Continues Killing Jobs in the Gulf The Obama Administration’s offshore moratorium is already sending jobs overseas. Last week, Diamond Offshore announced that it was sending the Ocean Endeavor rig from the Gulf of Mexico to Egypt. This week it announced that it was pulling the Ocean Confidence out of the Gulf of [...]

Washington, DC – In response to today’s announcement on the new Obama drilling moratorium, Institute for Energy Research Senior Vice President Daniel V. Kish released the following statement: “This moratorium is nothing but a kick in the face to the hardworking men and women who have lost—and will continue to lose—their jobs as a result [...]

The White House has launched a coordinated PR campaign to argue that it is not anti-business. That is a difficult argument to make when we look at the Administration’s record on energy. Time after time the Administration has acted to make it more difficult to produce energy domestically and they are actively seeking to make [...]

Washington, DC – Following Judge Martin Feldman’s decision to overturn the Obama Administration’s deepwater drilling ban, Thomas J. Pyle, president of the Institute for Energy Research issued this statement: “This moratorium, wisely overturned, was never about safety – it was about politics, and politics at its worst. And while the Obama Administration has chosen, once [...]

Politics, not science drove offshore drilling ban, 40K jobs sacrificed Washington, DC – In the days following the Gulf oil spill, President Obama requested that the Secretary of the Interior conduct a 30-day review of the offshore drilling program in the United States and issue a report with recommendations. This report was to be “peer [...]

Canceling, delaying, banning domestic offshore exploration will increase tanker traffic, foreign imports IER President: “Canceling lease sales is purely a public relations move designed to show that the White House is doing ‘something’ to address the tragic accident in the Gulf. But the truth is, if these lease sales move forward, exploration in those areas would [...]

The tragic Deepwater Horizon accident and the ensuing oil spill that has become the new rallying cry for opponents of increased domestic energy production, will undoubtedly change the debate in Washington. But should it? From what we can tell, this was an accident. While the finger pointing began before the families of the missing could [...]