Oil and Natural Gas Archive

Let Them Eat Cake: Administration Strident on Job-Killing Moratorium

August 23, 2010

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 [...]

IER: Administration’s Assault on Energy Continues

August 17, 2010

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 [...]

China: World’s Largest Energy Consumer; Surpasses the U.S.

August 6, 2010

China became the world’s largest energy consumer in 2009, surpassing the United States, which held the title for more than 100 years, according to the International Energy Agency (IEA).[i] The recession took a toll on U.S. industrial output, adding to a decline in total energy consumption that was almost 5 percent below 2008 levels.[ii] The [...]

Energy Information Administration Forecasts Domestic Production Losses Because of Obama’s 6-Month Drilling Moratorium

August 5, 2010

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 [...]

Congress Leaps Before It Looks With The Waxman “Blowout Prevention Act”

July 19, 2010

Henry Waxman (D-Hollywood), Photo by Flickr user Public Citizen The House Energy & Commerce Committee (E&C) — chaired by Representative Henry Waxman (D- Hollywood) — continues to work overtime to make energy harder to produce, more expensive, more imported and more rare. Using the tragic Gulf spill as justification, the committee unanimously passed the “Blowout [...]

IER Statement on the (Second) Obama Drilling Moratorium

July 12, 2010

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 [...]

In 2009, U.S. Led the World in Increases of Oil and Natural Gas Production; China Recorded the Greatest Increase in Energy Consumption and Emissions

June 25, 2010

Every year BP releases a Statistical Review of World Energy.[i] This report is greeted by energy experts as one of the best snapshots of the world energy situation. This year, however, the release of the report was overshadowed by BP’s struggle to stop the flow of oil from the Macondo well and to deal with [...]

Policies of Scarcity in a Land of Plenty

June 23, 2010

Abstract Various legislative and other proposals have promoted policies that would tax or place a price floor on petroleum-based transportation fuels such as gasoline because as President Obama stated in his recent address, “we’re running out of places to drill on land and in shallow water.”[1] Their object is to spur conservation and promote the [...]

IER Statement on Court Order Overturning Obama Admin. Deepwater Drilling Ban

June 22, 2010

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 [...]

Deepwater-Gate: Administration Modifies “Peer-Reviewed” Report After it was Reviewed by Scientists

June 11, 2010

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 [...]

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