A year after the drilling ban was ordered, we should ask ourselves some very important questions. What was the purpose of the moratorium and was it necessary?
With government spending in the crosshairs of politicians, it is unreasonable for the federal government to needlessly increase outlays for research which can, and is, financed privately.
Ten oil rigs have left the Gulf of Mexico since the Obama Administration imposed a moratorium on deepwater oil and gas drilling in May 2010 documentation from Sen. David Vitter’s (R-La.) office shows. Companies will not recommit themselves to the Gulf region until the “political uncertainty” recedes.
The study projects a loss of approximately $341 billion in economic output, 155,000 jobs, and $68 billion in wages- catastrophic numbers in any circumstances.
Cuts to entitlement programs could be the first steps to getting our fiscal house back into some sort of order.
The Department of Energy has awarded Louisiana State University $997,000 for a project to evaluate the feasibility of an advanced geothermal energy project.
Don Briggs: It is a simple fact that shale gas resources in the U.S. are real and abundant, and natural gas production in the U.S. is at an all-time high.
Over the next 30 days, the U.S. and other partners within IEA will release these reserves to offset disruptions in global oil supply caused by the recent social and economic turmoil occurring throughout the Middle East.
Rep. William Cassidy of Louisiana joined with Newt Gingrich, Herman Cain and other presidential contenders to denounce President Obama’s “anti-energy” policies during the Republican Leadership Conference in New Orleans.
Don Briggs: We can overcome many of our economic woes simply by allowing American oil and gas businesses to flourish.