Oil and Natural Gas Archive

REJECTED: High Court Denies Government Request to Hear Offshore Royalty Case

CONTACT:
Patrick Creighton, 202.621.2947
Laura Henderson, 202.621.2951
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 [...]

IER: Rahall Bill a Continuation of Failed Energy Policies From Washington

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 H.R. 3534, The Consolidated Land, Energy, [...]

150th Anniversary of Drake’s Well Should Renew America’s Leadership to Access, Deliver Energy

FOR IMMEDIATE RELEASE
August 26, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.380.5758
IER: 150th Anniversary of Drake’s Well Should Renew America’s Leadership to Access, Deliver Energy
After world-leading efforts a century and a half ago, U.S. energy priorities must be refocused on increasing supply, stabilizing costs
Washington, DC – One hundred and fifty [...]

China, Russia, Cuba, Brazil Advance Robust, Supply-Focused Energy Policy

FOR IMMEDIATE RELEASE
August 6, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.621.2951
China, Russia, Cuba, Brazil Advance Robust, Supply-Focused Energy Policy
In Washington, Senate panel looks for new ways to ration, constrict American energy
Washington, DC – As our chief global competitors continue to expand their access to job-creating, economy-strengthening energy resources, the U.S. Senate Environment Committee held another [...]

Interior Secretary Limits Domestic Energy Production, but Fast Tracks Solar Development

Since he took office, Secretary of Interior Salazar has aggressively limited domestic energy production from efficient sources of energy. He revoked oil and gas leases in Utah, delayed taking action to open up additional areas for offshore energy development, and halted a program to allow commercial oil shale leasing. All of these programs would have [...]

The CFTC’s Flip Flop on Oil Speculation

People, personalities, policies, drapes–just a few of the things the American people have come to expect will change from year to year, and from administration to administration, depending on the philosophy, interest and artistic sensibility of the chief executive.
Here’s what’s not supposed to change: the facts of existence, and the substance of the truth. Unfortunately, [...]

Biden Promotes Free-Market Energy Principles Abroad

FOR IMMEDIATE RELEASE
July 24, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.621.2951
Biden Promotes Free-Market Energy Principles Abroad
Will He Check Those Beliefs on Air Force Two?
Washington, DC – Vice President Joe Biden recently told Ukrainian officials how they could strengthen their country by altering their energy policies. Ironically, Biden’s message dovetails perfectly with what the Institute for [...]

California Drilling: Progress or Economic Self Destruction?

FOR IMMEDIATE RELEASE
July 21, 2009
Contact:
Patrick Creighton, 202.870.0850
Laura Henderson, 202.621.2951
California Drilling: Progress or Economic Self Destruction?
Efforts to expand offshore production come with Sacramento’s heavy hand, and a wink and a nod from the enviros
Washington, DC – Thomas J. Pyle, President of the Institute for Energy Research (IER), issued the following statement today regarding California’s ongoing [...]

Supply, Not Speculation, Responsible For Volatile Energy Prices

FOR IMMEDIATE RELEASE
July 8, 2009
CONTACT:
Laura Henderson, 202.621.2951
Patrick Creighton, 202.621.2947
Supply, Not Speculation, Responsible For Volatile Energy Prices
Latest CFTC Action a Diversion from the Real Cause, Supply and Demand
WASHINGTON – This week, the Commodities Futures Trading Commission (CFTC) unveiled a new plan for government takeover of how energy commodities are traded, valued and sold. In response [...]

Levelized Cost of New Electricity Generating Technologies

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The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling System (NEMS)[1]. These forecasts are updated annually and published in the Annual Energy Outlook (AEO). EIA published a preliminary version of the AEO 2009 in December 2008, and updated the forecasts [...]

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