Tag: "natural resources"

U.S. House Energy Bill Debate Today

The House of Representatives starts the debate today on 38 amendments out of an original 103 submitted for H.R. 8 —North American Energy Security and Infrastructure Act of 2015 — and concludes discussion tomorrow. The 2015 energy bill would modernize energy infrastructure, build a 21st century energy and manufacturing workforce, bolster America’s energy security and […]

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 […]

Upheaval — Natural Gas Growth Could Redefine Decades

Over the past few years, natural gas growth has been an energy investor’s fallback strategy. With a historically positive growth in almost every company’s stock and unperturbed fundamentals — promoted by technological advances — it is highly unlikely that such an industry trend is cyclical. Some of gas’ most representative stocks (as deemed by the […]

Alaskan Oil Put on Ice With New Proposal

Last week, the Interior Department’s Bureau of Ocean Energy Management issued a five-year strategy that would open offshore drilling from Virginia to Georgia, but put previously deferred areas off the Alaskan coast off-limits, reports Politico. While possibly good news for the Atlantic coast ― as well as the oil and gas industry ― the Alaskan […]

2014 Election and the Future of Energy Legislation

Election Day is officially behind us. The votes are in, the campaign ads are over, and the traffic in front of the grocery store, local high schools and other polling places should go back to normal. The Republicans kept the House and took the Senate. Now the big question is: what does it all mean? […]

Reducing Europe’s Dependence on Russia, Benefits United States

As tensions over the situation in the Ukraine heightened over the last few months, sanctions were thrown left and right between Russia, the United States and the European Union. The sanctions targeted the Russian banking and energy sectors, putting pressure on Russian President Putin’s inner circle. Since the sanctions, Russia has lost $75 billion in […]

Lower Energy Prices Help Many Americans Stay Warm

Many Americans struggle during the winter with expensive and excessive consumption of energy resources to keep warm. Inflated energy prices really puts a strain on many families and their budgets. However, this upcoming winter will be a bit easier to get through, thanks to the fracking boom. Propane prices are 24 percent and consumption is […]

Critical Minerals: Rare Earths and the U.S. Economy

Rare earths are 17 elements in the Earth’s crust used in a variety of applications, from hybrid cars and x-ray units to cell phones and wind turbines. Unfortunately, the United States is largely dependent on China for these critical minerals,posing a serious threat to the American economy. Despite their name, rare earths (REs) are relatively abundant.  […]

Water Policing vs. Water Pricing in California

California is in significant drought, with a water crisis that has caused acres of crops to die or go unplanted, as water reservoirs continue to be depleted. According to one NASA water scientist, “If this drought continues, we’re going to be in a terrible situation within the next 12-24 months.” The water crisis has caused […]