Washington, DC – Today the Institute for Energy Research released a chart that debunks the myths surrounding the development of federal leases. As Russia threatens Europe’s oil pipeline in Georgia and Iran threatens to cutoff Middle East oil at the Strait of Hormuz, America’s energy and economic security depend on understanding the reality of [...]
FOR IMMEDIATE RELEASE
August 6, 2008
CONTACT:
Brian Kennedy (202) 434-8200
Better Off Doing Nothing
Letting OCS ban expire trumps Gang of Ten’s ‘New Era’ plan
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WASHINGTON, D.C. – The Institute for Energy Research (IER) today released an analysis of the New Era energy plan proposed by the self-titled “Gang of Ten” U.S. Senators. Publicly-available details on the plan are [...]
FOR IMMEDIATE RELEASE:
July 31, 2008
CONTACT:
Brian Kennedy (202) 434-8200
Earnings Week Intensifies Silly Season on Capitol Hill
Does podium pounding lower prices for consumers?
Washington, DC - Record oil prices have led to record-high earnings for oil companies, which in turn leads Washington politicians to podiums and news cameras to declare their ‘outrage’ and call for additional taxes. Thomas [...]
FOR IMMEDIATE RELEASE:
July 30, 2008
CONTACT:
Brian Kennedy (202) 434-8200
Congress Continues to Wag Finger at Ghosts, Real World Energy Solutions Remain On Hold
Washington, D.C. – Congress today failed in yet another attempt to regulate the domestic commodity market in the seemingly endless quest to “do something” to curb high energy prices for consumers. And on the [...]
FOR IMMEDIATE RELEASE:
July 30, 2008
CONTACT:
Brian Kennedy (202) 434-8200
Interior Department Initiates New Offshore Drilling Plan
62 Days Until Congressional Offshore Energy Ban Expires
Washington, DC – The Institute for Energy Research (IER) today applauded the Department of Interior’s decision to craft a new 5-year plan for energy production on the outer continental shelf (OCS) to include areas currently [...]
FOR IMMEDIATE RELEASE
July 22, 2008
CONTACT:
Brian Kennedy (202) 434-8200
No Evidence of Excessive Speculation Exists
IER Economist: “The law of supply and demand is working effectively, but Washington is effectively ignoring the law."
Washington, DC – Robert Murphy, resident economist at the Institute for Energy Research (IER), issued the following statement today as the U.S. Senate considered legislation [...]
FOR IMMEDIATE RELEASE
July 22, 2008
CONTACT:
Brian Kennedy (202) 434-8200
IER Applauds Announcement of Oil Shale Leasing Rules
70 days until Congressional moratorium on oil shale leasing expires
Washington, DC – The Institute for Energy Research (IER) today issued the following statement applauding the U.S. Department of the Interior’s decision to issue draft rules for the commercial leasing of federal [...]
FOR IMMEDIATE RELEASE
July 17, 2008
CONTACT:
Brian Kennedy (202) 434-8200
706% inrease in lease protests threatens American energy supplies
WASHINGTON, D.C. – With consumers and the economy suffering the consequences of skyrocketing energy prices, lawmakers in Washington continue to advance sound bites instead of solutions. Daniel Kish, senior vice president of the Institute for Energy Research (IER), issued the [...]
FOR IMMEDIATE RELEASE
July 15, 2008
CONTACT:
Brian Kennedy (202) 434-8200
Supply and Demand is Not a ‘Hoax’ or ‘Failed’ Approach
The U.S. has failed to increase supply
Washington, D.C. - Thomas Pyle, president of the Institute for Energy Research (IER), issued the following statement in response to opponents of the President’s decision to rescind the executive ban on offshore energy [...]
FOR IMMEDIATE RELEASE:
July 14, 2008
CONTACT:
Brian Kennedy (202) 434-8200
Congressional Ban Set to Expire on September 30
Washington, D.C. - The Institute for Energy Research (IER) applauded President Bush’s decision to rescind the executive moratorium on outer continental shelf (OCS) energy production originally established by his father in 1990. After urging the president to exercise this authority and eliminate [...]
