FOR IMMEDIATE RELEASE: APRIL 7, 2009 CONTACT: LAURA HENDERSON 202.621.2951 If by “Open,” He Meant “Closed,” Salazar’s OCS Public Review Process is the Most Open We’ve Ever Seen WASHINGTON, D.C. – IER President Thomas J. Pyle today issued the following statement in response to growing concerns surrounding Secretary of Interior Salazar’s increasing efforts to close [...]

Myth: There’s not enough energy in the outer continental shelf (OCS) to make exploration worthwhile. Fact: The Minerals Management Service (MMS) estimates that the OCS contains 86 billion barrels of oil and 420 trillion cubic feet of natural gas. These estimates are likely very conservative, as bans on offshore leasing have made it illegal to [...]

FOR IMMEDIATE RELEASE September 22, 2008 CONTACT Brian Kennedy (202) 346-8826 IER Continues Energy Education Ad Campaign: Only 9 More Days Until Congressional Bans on Offshore and Oil Shale Energy Expire Washington, DC – The Institute for Energy Research (IER) continues its energy education ad campaign this week with two new radio spots, “Same Failed [...]

Yesterday the House embarked upon yet another in a long series of energy debates. Like its predecessors, this new energy bill, entitled the “Comprehensive American Energy Security and Consumer Protection Act” (H.B. 6899) does almost nothing to improve our energy situation. Further, the measure seems to increase costly regulation on buildings and imposing additional burdens [...]

According to news reports, the Speaker of the House has unveiled a new energy proposal.  It’s described as a compromise that would lead to more offshore energy production.  Based on the bill summary, however, the plans appears to be more of a “bait and switch” that won’t do much of anything to bring new energy [...]

According to a new Bureau of Land Management (BLM) report, vast untapped oil and natural gas resources exist on public lands in the U.S. These public lands are estimated to contain 31 billion barrels of oil and 231 trillion cubic feet of natural gas, but are are presently closed to energy production. · Link to [...]

Congress Must Face the Law of Supply and Demand. Oil, gasoline, fuel oil, and heating oil and diesel fuel commodities traded in the world market and, therefore, their prices reflect the fundamentals economic principals of supply and demand. While much has been done to reduce demand for energy (CAFE, energy efficiency requirements in buildings, etc.) [...]