Rep. Markey's Many Myths: Report Much Ado About Nothing
The report is new, but the content is not. This week, Representative Ed Markey (D-Mass.) released a report rehashing old claims that oil and gas companies are “stockpiling” federal energy leases,...
View ArticleAn Energy Policy Preview of President Obama’s Second Term
President Obama’s win last night means four more years of ever-more damaging regulation and ever-increasing difficulties in developing our oil, coal, and natural gas resources. President Obama...
View ArticleThe Domestic Energy Bonanza and the Economy
A recent commentary on the Washington Post’s “Wonkblog” illustrates the ability of professional economics to collide with common sense. The article seeks to pooh-pooh the idea that America’s oil and...
View ArticleObama Ignores Costs of Lofty Renewable Goals and EPA’s Climate Rule
The Obama administration just announced a 20 percent goal for U.S. electricity to come from non-hydropower renewable energy by 2030.[i] To reach that goal, the United States would have to almost triple...
View ArticleOil Prices Will Remain Low Through the End of the Decade
The International Energy Agency (IEA) recently released its World Energy Outlook 2015. The report forecasts world energy production and consumption through 2040. The IEA argues that world oil prices...
View ArticleMany Independent Oil Companies Worldwide on the Brink of Bankruptcy
A new study by Deloitte indicates that over 35 percent of independent oil companies worldwide are likely to declare bankruptcy this year and another 30 percent may follow next year.[i] Low oil prices...
View ArticleRep. Markey's Many Myths: Report Much Ado About Nothing
The report is new, but the content is not. This week, Representative Ed Markey (D-Mass.) released a report rehashing old claims that oil and gas companies are “stockpiling” federal energy leases,...
View ArticleAn Energy Policy Preview of President Obama’s Second Term
President Obama’s win last night means four more years of ever-more damaging regulation and ever-increasing difficulties in developing our oil, coal, and natural gas resources. President Obama...
View ArticleThe Domestic Energy Bonanza and the Economy
A recent commentary on the Washington Post’s “Wonkblog” illustrates the ability of professional economics to collide with common sense. The article seeks to pooh-pooh the idea that America’s oil and...
View ArticleObama Ignores Costs of Lofty Renewable Goals and EPA’s Climate Rule
The Obama administration just announced a 20 percent goal for U.S. electricity to come from non-hydropower renewable energy by 2030.[i] To reach that goal, the United States would have to almost triple...
View ArticleOil Prices Will Remain Low Through the End of the Decade
The International Energy Agency (IEA) recently released its World Energy Outlook 2015. The report forecasts world energy production and consumption through 2040. The IEA argues that world oil prices...
View ArticleMany Independent Oil Companies Worldwide on the Brink of Bankruptcy
A new study by Deloitte indicates that over 35 percent of independent oil companies worldwide are likely to declare bankruptcy this year and another 30 percent may follow next year.[i] Low oil prices...
View ArticleFossil Fuels Dominate U.S. Energy Production, But Receive a Small Percentage...
At the request of the Secretary of Energy, the Energy Information Administration (EIA), an independent agency of the U.S. Department of Energy, evaluated the energy-related subsidies that the federal...
View ArticleU.S. Reached Record Energy Consumption in 2018; Fossil Energy Supplied 80...
With a booming economy, the United States consumed a record high of 101.3 quadrillion Btu of energy in 2018–3.5 percent higher than the 97.8 Btu consumed in 2017 and 0.3 percent higher than the...
View Article#33: Kenny Stein on the disruptions in Saudi Arabia and American energy security
Kenny Stein, IER’s Policy Director, joins the show to discuss the recent events in Saudi Arabia that disrupted global oil markets and how growing domestic production has made America energy secure. •...
View ArticleTrump Administration Scores Big on Energy from Public Lands
Democratic candidates for president in 2020 are proposing to ban oil and gas production on federal lands in contrast to President Trump, who is providing greater access to our nation’s natural...
View ArticleEIA Releases Its Annual Energy Outlook 2020
The Energy Information Administration (EIA) continues its optimistic outlook on the cost of wind and solar power, resulting in renewable energy being the fastest-growing source of electricity...
View ArticleU.S. Oil Production Breaks a New Record; Saudi Arabia Initiates Price Cuts
According to the Energy Information Administration (EIA), U.S. oil production broke another record in 2019, surpassing 12 million barrels per day for the first time—an 11 percent (1.24 million barrel...
View ArticleU.S. Natural Gas Consumption Sets a New Record
According to the Energy Information Administration (EIA), U.S. natural gas consumption set a new record in 2019, reaching 31 trillion cubic feet—3 percent more than in 2018. The increase was due to...
View ArticleSaudi-Russian Oil Price War
In early March, Russia, Saudi Arabia, and other big OPEC countries gathered in Vienna to plan production cuts that could put a floor under falling prices due to the outbreak of coronavirus. At that...
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