Archive for IER in the News
Oil and Gas Journal: BLM releases proposed oil shale development regs
The US Bureau of Land Management on July 22 published proposed regulations to establish a commercial oil shale development program, which it said could add as much as 800 billion bbl of oil to US reserves…
Washington Times - Bush will end executive ban on offshore drilling
President Bush on Monday repealed an executive order banning offshore drilling for oil in the U.S. Outer Continental Shelf, increasing pressure on the Democratic-controlled Congress to follow suit and remove their own moratorium.
New York Times: Bush Acts on Drilling, Challenging Democrats
President Bush lifted nearly two decades of executive orders banning drilling for oil and natural gas off the country’s shoreline on Monday while challenging Congress to open up more areas for exploration to address soaring energy prices.
Scripps Howard News Wires - Bush acts to end ban on offshore oil drilling
President Bush lifted an executive ban on oil and gas drilling off much of the nation’s coasts on Monday, arguing that $4-a-gallon gas prices have left the country with no choice but to tap into its natural resources…
Houston Chronicle - Study: Global warming may spark more kidney stones
Dallas scientists find the risk may rise by at least 30% if the climate change indeed occurs
Power Line - One Down, One to Go
This morning President Bush rescinded the executive order that has prohibited drilling on the outer continental shelf since 1990. Many of us have wondered why he didn’t do that some time ago…
Wall Street Journal - Bush Lifts Exec Ban On Offshore Energy Exploration
President George W. Bush lifted an executive prohibition on energy exploration in the Outer Continental Shelf, a move Democrats swiftly labeled a political stunt that will bring no relief to consumers stung by soaring gasoline prices.
Investors Business Daily - Don’t Blame Ben
The Federal Reserve and its leader, Ben Bernanke, have taken a lot of hits in recent weeks. Some even suggest that the energy crisis is due more to Fed fumbling than anything else. This is preposterous.
Bloomberg - McCain Touts Coal, Nuclear While Decrying `Playing Favorites’
As a presidential candidate, the Arizona Republican is backing specific industries in proposals for relief from high energy prices and foreign dependence.
The Weekly Standard - History’s Fall Guys
The primary culprit for the nation’s heebie-jeebies is the record price of fuel. At such times, the political and chattering classes share a vital responsibility-they must identify a villain. Inevitably they have settled on “speculators” as their bogeyman
Washington Times - McCain oil plan relies on Middle East
Sen. John McCain caps his weeklong push for U.S. energy independence with a trip Friday to Canada, but his own environmental plan discourages use of Canadian oil and drastically increases American reliance on oil from the Middle East.
New York Times - Bush Calls for End to Ban on Offshore Oil Drilling
President Bush told Congress that dropping the ban would lower gasoline prices and “strengthen our national security.”
Houston Chronicle - Wind whispers of Enron
IER’s Rob Bradley offers a timely, insightful and “astounding example of what government intervention can do” when it gets into the business of creating artificial markets. In Bradley’s opinion, the mandate-driven Texas wind market has diverted investmen
Investors - Getting Oil From A Stone
According to the Institute for Energy Research, “The United States has 2 trillion barrels of oil shale. This is more than 7 times the amount of crude oil reserves found in Saudi Arabia, and is enough to meet current U.S. demand for over 250 years.”
Forbes - Cap And Trade Comes To Congress
This week, one of the biggest legislative and lobbying wars of 2008 comes to a head as the Senate takes up a controversial bill to curb climate change.
AFP - US lawmakers brace for fight with Bush, big oil on climate change bill
IER argued that the bill “could have catastrophic impacts on American jobs, household income, gasoline and home-heating prices and more.”
Kish: A Conservative Energy Policy
When Ronald Reagan accepted his party’s nomination in 1980, he said that America’s energy policy was based on the sharing of scarcity, and that our great nation had to get to work producing more energy.