Wind Subsides Cost Taxpayers Big

Appears on Newsmax: A draft package released by the Senate Finance Committee proposes to revive a 2.3 cent per kilowatt-hour production tax credit (PTC) incentive for wind energy, which lapsed last December. Congress had voted to terminate the PTC along with other tax breaks for wind projects at the end of 2013, only to have […]

Natural Gas Production by State

From the American Legislative Exchange Council (ALEC): One of the greatest achievements of the American 21st Century has been the advances made in hydraulic fracturing and horizontal drilling technologies. These innovative well stimulation and extraction techniques have made enormous quantities of hydrocarbons that have been locked away in shale rock accessible now for the first […]

A Bland but Workable Energy Plan

House Energy and Commerce Committee Chairman Fred Upton and Senate Energy and Natural Resources Committee Chairwoman Lisa Murkowski have been working jointly on a passable energy bill. The Congressmen have also been coordinating with Energy Secretary Ernest Moniz to ensure the bill will not get vetoed at the President’s desk. On infrastructure, the Energy Policy […]

Senate Energy Policy Leaves Out Oil and Highway Funding

The focus of the Energy Policy Modernization Act of 2015 includes energy efficiency and conservation, protecting the electric grid and speeding up the application process for liquid natural gas refineries. The bill includes: The secretary of the Energy Department to issue a final decision on applications to export liquefied natural gas within 45 days after […]

The Transportation Funding Fight

The fight over the future of transportation funding in the United States has once again pitted the House against the Senate and Republicans against Democrats. In June, the House of Representatives narrowly passed a bill to spend $55.3 billion on transportation and housing projects through December 18. 2015, with only three Democrats voting yes to […]

The Global Solar Flight that Will Take Over a Year

Apparently, the Solar Impulse 2 has been grounded till next year due to battery problems. The plane’s batteries, which provide power for night flying, overheated during its recent five-day flight from Japan to Hawaii. The Solar Impulse 2 flight started in March of this year plans to resume by April of 2016. The Solar Impulse […]

The Arctic — Our Last Energy Frontier

As the Arctic Ocean ice thaws, countries prepare to tap into the vast energy resources currently trapped beneath the Arctic Ocean. The U.S. Geological Survey (USGS) estimates that the Arctic could hold as much as 12 percent of the world’s undiscovered oil and 30 percent of its undiscovered gas, not including unconventional oil and gas […]

Mexico Opens to Big Energy

For the past 55 years, Mexico has prohibited private companies from owning any of its oil and natural gas production. The national oil and gas company PEMEX, once a major international energy player, has been reduced to an irrelevant player due to the government’s ever increasing and frequent siphoning of funds from PEMEX. The demise […]

Strictest Frac Regulations Implemented in California

The first restrictions on hydraulic fracturing are about to be implemented in California. This follows the passage of Senate Bill 4, authored by Fran Pavley (D- Agoura Hills). Approved in 2013, the regulations will force oil companies to expand monitoring and reporting of water use and water quality, conduct rigorous analysis of potential seismic impacts […]

Economic Repercussions of the Renewable Fuel Standard

American Petroleum Institute’s Renewable Fuel Standard Facts: The Energy Independence and Security Act of 2007 included an expanded Renewable Fuel Standard (RFS), which the EPA used to develop a final rule effective July 1, 2010. To comply with the Standard, biofuel producers and importers must blend increasing amounts of biofuels into gasoline and diesel. However, […]