Who could have imagined the day would come when the Natural Resources Defense Council (NRDC) crafted a report focused on relieving Americans’ “pain at the pump”? 

But there it is: the same group that once stated “there’s nothing we can do to control the price of gas in America” released a paper this week outlining the ways in which Keystone XL pipeline is apparently poised to make prices at the pump go higher – as if higher gas prices were something the group actually opposed. 

Of course, we know the truth about NRDC’s position on gas prices – that they support policies that increase the cost of fossil fuels to discourage their use. What’s tougher, though, is determining how the group came up with a methodology allowing it to argue, in effect, that greater supply of secure sources of... more »

TransCanada President and CEO Russ Girling has a letter to the editor in the New York Times after the newspaper’s recent editorial criticizing the Keystone XL pipeline. Main points:

• The Keystone XL would feature the strongest steel and would conform to the highest safety standards.
• TransCanada already has agreed to 57 special conditions laid out by the federal pipeline administration, including remotely controlled shut-off valves, increased inspections and burying the pipe deeper than originally proposed.
• The Keystone XL has successfully cleared three separate environmental reviews. The final, 10,000-page environmental impact statement said that measures taken by TransCanada would result in a “project that would have a degree of safety over any other typically constructed do... more »

Scroll down a bit in this wrap-up of last weekend’s G8 Summit from The Hill newspaper, and you’ll see that the president and other G8 leaders hinted that they might ask for a draw on the world’s oil reserves to offset disruptions in supply from Iran. Their statement:

“There have been increasing disruptions in the supply of oil to the global market over the past several months, which pose a substantial risk to global economic growth. … Looking ahead to the likelihood of further disruptions in oil sales and the expected increased demand over the coming months, we are monitoring the situation closely and stand ready to call upon the International Energy Agency to take appropriate action to ensure that the market is fully and timely supplied."

The Hill says the White House was mum on... more »

Editor's note: The event has concluded. Archive footage is available above.

With the right leadership and policies, the United States can take control of its energy future. A new estimate that an oil shale formation in the western U.S. holds 1.5 trillion barrels of recoverable oil, expanding production of natural gas from shale and analysis that the U.S. could secure 100 percent of its liquid fuel needs through North American sources within 15 years certainly support that conclusion.

Leadership and policies. Specifical... more »

An illustration of the energy impasse in Washington - former U.S. Sen. Byron Dorgan, speaking last week during a "Conversations with Power" panel discussion at the Newseum:

"We are a country with 3 percent of the world's oil reserves, we're 5 percent of the population, we produce 10 percent of the world's oil and use over 20 percent of the world's oil. ... We need a new energy policy that makes us less vulnerable, less oil intensive. ... We're going to have to have a price on carbon. ... We're always going to need fossil energy and use fossil energy. We need to use it differently. We're too oil-centric. ... We could wake up some morning and discover that the energy with which we run our economy doesn't exist or the supply was interrupted and we'd be in big trouble."

Then there's the U.S. C... more »