Crowdfunding Oil and Gas

Crowdfunding energy and agriculture initiatives is nothing new. Yet new federal legislation has opened the gates to allow crowdfunding for for-profit companies — and the oil industry is jumping at the opportunity. Two Texas companies, EnergyFunders and CrudeFunders, are reaching out to investors to fund smaller projects big banks would toss back. While crowdfunding efforts […]

The Obsolete Crude Oil Export Ban

In the 1970s, during the Arab oil embargo, gasoline prices soared in the United States. Shortages created long lines of cars at the few gas stations that had fuel. In response, the U.S. began a series of policies that focused on its limited supply and high demand for oil. Policies included efforts to build up […]

Recognize All HOT Lanes as Fixed Guideways for Transit

Our recommendations for reforming surface transportation policy have been so well received that we want to offer two more ideas. Our latest recommendation focuses on high occupancy toll (HOT) lanes that reduce congestion and provide a virtual guideway for express bus service. My colleague Robert Poole and I recommend that the federal statute be changed […]

American Energy Renaissance Act — Why Oil and Gas Matter

The American Energy Renaissance Act of 2014 — a bill proposed by Senator and now presidential candidate, Ted Cruz — proposes many drastic changes to the status quo surrounding energy and environmental regulations, some of which include: Giving only states the right to regulate hydraulic fracturing Preventing the Environmental Protection Agency (EPA) from regulating carbon […]

Gas Savings Conundrum

Families planning road trips this summer, rejoice: According to a new estimate from the U.S. Energy Department, drivers can expect to see the lowest summer gasoline prices in about six years. Before you head out to buy a gas-guzzling SUV, be forewarned: falling gas prices might not be as good for your pocketbooks — or […]

NCPA Hydaulic Fracturing Current and Proposed Restriction/Ban Map

The National Center for Policy Analysis created a national hydraulic fracturing ban and restriction map that shows all of the recent local and state bans, proposed bans and restrictions. By enacting this these bans, states are forgoing much needed revenue from the production of critical energy resources. The following are some of the states that […]

Simplify USDOT Regulations for Transportation Planning

Today, I want to offer the sixth of my recommendations to reform U.S. surface transportation policy. My colleague David Hartgen and I suggest simplifying Department of Transportation (DOT) regulations regarding transportation planning. Since 1964, federal laws and amendments (23 USC 134 and 49 USC 5303) have required that states and urbanized areas exceeding 50,000 population […]

U.S. Energy Infrastructure Still Lacking

Energy booms, whether from oil or gas, will continue as both technology develops and more resources are discovered. However, each energy boom puts a strain on our existing energy infrastructure. For instance, oil can be transported by truck, ship, rail and pipeline. Pipeline is the safest and most reliable way to transport oil. Even with 185,000 […]

Eliminate Air Quality Standards for Regions that Meet Standard

Today, I want to offer the fifth of my recommendations to reform U.S. surface transportation policy. My colleague David Hartgen and I recommend that the Clean Air Act of 1990 be amended in two ways. First, eliminate the conformity requirement for regions meeting clean air standards. Second, review regions not in conformity every 10 years, […]

Natural Gas Supply and Demand — A Structural Problem in the Northeast

The cost of residential heating and cooling in the Northeast is comparatively high, with no clear end in sight. Fracking regulations and outright bans are pushing whole industries out of densely populated municipalities as well as entire states such as New York, where the extraction methodology has met strong opposition at each level of government. […]