Last week, in the wee hours of the morning on the East Coast, Shell announced it was suspending its offshore Alaska operations, after finding insufficient quantities of hydrocarbons to justify further development at its sole well in the Chukchi Sea. The news rippled its way around the globe, through Washington, DC and the North Slope of […]
Who would have thought? The United States has become a global energy superpower. Just 10 short years ago, some of the most vitriolic debates on energy policy were over where to permit the receiving terminals that would allow us to import the liquefied natural gas we thought the nation would need to survive. Now, due […]
For years, almost any time there was unrest in the Middle East, the world oil market responded with a spike in price. This spike reverberated through the supply chain and gasoline prices soon followed suit. This pattern held through the Arab Spring, threats in the Strait of Hormuz and all during the unrest in Iraq. […]
The United States stands poised on the edge of a bright energy future. After decades of decreasing domestic energy production and increasing reliance on foreign sources of oil and natural gas, a revolution in production has positioned this nation to become a net energy exporter by 2017, according to the International Energy Agency. It seems […]
On July 21, Politico ran a story entitled “Greens gird to oppose opening Atlantic to oil drilling,” noting that the environmental community plans to mobilize all its resources in an effort to block the process by which the Interior Department determines where to allow leasing of offshore oil and natural gas tracts between 2017 and […]
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