Lifting Crude Oil Export Ban Benefits U.S. Economy

The Government Accountability Office (GAO) suggests that removing crude oil export restrictions could both reduce consumer fuel prices and increase the price of U.S. crude oil from ~$2 to ~$8 per barrel. Regulations implemented 40 years ago are being reviewed as technological advances in the extraction of crude oil from shale formations, commonly known as […]

NCPA Nationwide Survey of Anti-Fracking Activism – the “Frac Map”

The NCPA completed a nationwide survey of successful anti-fracking activism that we presented to state legislators, energy associations and think tanks. This map demonstrates the threat of misguided activism to oil and gas production, the key to continuing our economic recovery, addressing the national debt, lowering the trade deficit and preserving U.S. superpower status into the […]

The Changing Price of Oil Relative to Gold

It is true that a shift in supply or demand will change prices in any market; however, not all market-price movements are necessarily due to a change in market supply or demand — especially in the case of prices for commodities as highly political as crude oil. Longer term trends in the price of oil […]

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 […]