Gasoline Prices and Real Help for Consumers

Gasoline prices have been rising with the approach of the summer driving season – up to about $3.66, according to AAA – pushed there by rising crude oil prices. U.S. consumers need help. And they could get it – if the administration pursued a number of energy policies to put downward pressure on global crude costs, while abandoning other choices that could harm consumers.

API Chief Economist John Felmy’s reporter briefing Thursday focused attention on two paths: one that will increase domestic production of oil and natural gas and one that won’t. Unfortunately, the administration – via proposals to increase energy taxes and a new wave of questionable regulation – looks headed down the wrong path, a recipe for disaster for American energy:

Felmy:

“The White House says it’s con... more »

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Energy Today – May 23, 2013

Richmond Times-DispatchWarner, Kaine Introduce Bill to Allow Offshore Energy Leases

Virginia Senators Mark Warner and Tim Kaine want the current offshore drilling moratorium lifted off the coast of their state. Under their legislation, leases for offshore oil and natural gas drilling as well as wind farms could take effect in 2020. 

Fuel Fix BlogW.Va. to launch New Oil, Natural Gas Job Training Center 

Two West Virginia colleges are opening training facilities focused on oil and natural gas development. Both schools will house indoor and outdoor laboratories to simulate drilling operations and will offer a variety of training programs to prepare students for jobs in the industry.

The HillThe President’s Legacy on Energy

Economist Michael Economides argues for the Keyst... more »

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Energy Summit: Fueling America’s Future

Great energy conversation this week at Real Clear Politics’ event: Fueling America’s Future. The summit’s two panels featured representatives from all of our energy sectors as well as the issues that will play large roles as policymakers debate the path that will keep our economy fueled and individual lives prospering. You can see the event here:

 

RealClearPolitics Energy Summit: Fueling America's Future from RealClearPolitics on FORA.tv

Regardless of whether the energy comes from water, air, the sun or the ground, some key messages/themes were echoed by all participants:

  • America is rich in energy and energy technology. Far from running out, we are “running into energy.”
  • America needs a true all-of-the-above approach to energy, one that emphasizes the sources that run... more »

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Fueling American Life

Today on National Maritime Day, let’s salute the merchant marines who operate the tankers that deliver the oil that makes our modern lives possible.

Think about it:  From the gasoline in our cars and trucks to the asphalt in our roads, from bicycle helmets to medical equipment, 60 percent of energy used daily by Americans is delivered by tanker.

The men and women of the maritime industry and the vessels they operate – around the clock and across the world - safely deliver the energy we need. Smaller tankers transport gasoline and other specialized petroleum products throughout the United States, while tankers  as long as the Empire State Building is tall transport crude around the globe.

Over the past decade, more than 99.9997 percent of oil delivered by tankers to the U.S. reached... more »

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Energy Today – May 21, 2013

Pittsburgh Post-Gazette Number of Women Landing Jobs in Oil, Natural Gas Industry Growing

Good news from the U.S. Bureau of Labor Statistics: Of 3,900 positions added in the oil and natural gas industry nationwide in the first quarter of 2013, almost half or 1,800 were filled by women.

AEI Ideas Carpe Diem BlogThe Most Economically Successful Metropolitan Area in the Country

As a direct result of all the shale oil and natural gas activity in the Permian Basin area of West Texas, the economy of Midland is booming, writes Mark J. Perry. There is also an unprecedented construction surge taking place in the town – building permits in March skyrocketed to 347, which was a 580 percent increase from  a year ago.

Zanesville Times Recorder Free Trade Should Include Natural Gas

A... more »

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