Murdock: Offshore rig offers energy alternative
Scripps Howard News Service
By Deroy Murdock
April 16, 2009 When you last showered, two percent of the natural gas that heated your water likely emerged from this bright-yellow platform in the Gulf of Mexico. Painted like a lemon, to ward off errant ships and aircraft, this leading-edge installation proves that America can produce far more of our own energy -- innovatively, safely, and cleanly -- if we just stop scaring ourselves into paralysis. The Independence Hub, or I-Hub, is a joint venture of Anadarko Petroleum and Enterprise Products Partners. I toured their $2 billion facility on Tuesday on a trip sponsored by the American Petroleum Institute. read more
Oil drilling will stimulate our state economy
San Francisco Chronicle
Tom Tanton
April 15, 2009 On Thursday, Secretary of the Interior Ken Salazar will hold a public hearing in San Francisco on the future of expanded development of America's vast energy resources. At stake will be whether continued, or expanded, offshore petroleum production will be allowed. While the topic can be made complex, it affords perhaps the simplest stimulus to our ailing economy. read more
Windy talks vs. oil needs
The Baton Rouge Advocate
April 12, 2009 Wind power has never been so nearly a national energy source than when high-powered politicians talk about it. And talk about it. And talk about it. This is not a criticism of wind power, which is certainly part of America’s energy future; in parts of Texas, it’s a huge addition to clean energy production already. Nor is President Barack Obama’s new head of the U.S. Department of Energy, Ken Salazar, wrong to tout the virtues of wind power in a series of hearings aimed at developing policy on energy development in the Outer Continental Shelf. read more
Let's Get Real About Renewable Energy
The Wall Street Journal
by Robert Bryce During his address to Congress last week, President Barack Obama declared, "We will double this nation's supply of renewable energy in the next three years." While that statement -- along with his pledge to impose a "cap on carbon pollution" -- drew applause, let's slow down for a moment and get realistic about this country's energy future. Consider two factors that are too-often overlooked: George W. Bush's record on renewables, and the problem of scale. read more (subscription may be required)
A Compromise Energy Policy Is Within Reach
The Wall Street Journal
by Tony Hayward Every U.S. president since Richard Nixon has expressed concern about America's growing dependence on imported oil. But effective action has proved elusive: Oil imports have more than doubled in the past 35 years -- from 30% at the time of the first oil shock in 1973 to around 65% today. Yet the collapse in world energy demand and the fall of energy prices present a rare, once-in-a-generation opportunity. Congress and the Obama administration can work with energy producers to craft an energy policy that creates jobs, expands and diversifies the nation's energy supply, generates government revenue, and protects the environment. read more (subscription may be required)
Drill Like Brazil
Investor's Business Daily Stimulus: Brazil, a leader in the use of biofuels such as ethanol and in the face of falling oil prices, still plans to spend huge sums to expand its offshore oil resources. Drilling rigs are infrastructure too. read more
Bountiful Untapped Energy
The Washington Times Americans have become open to anything that would lower the cost of soaring energy and oil prices. Energy independence and the impact of foreign energy supplies on American security have become a major policy concern. Now, President-elect Barack Obama has nominated Steven Chu as energy secretary, Lisa P. Jackson as head of the EPA and Carol Browner in a new position as his energy "czar..." We believe the new appointees should be focused on making use of domestic oil supplies and other natural resources already present to keep America energy independent.
read more
Petroleum Industry Needs Access to Resources to Help Get America Back to Work
The Houston Chronicle
By Jack N. Gerard America's oil and natural gas industry is prepared to be part of the solution with thousands of new jobs and billions more in government revenue — while providing the energy necessary to expand the economy. However, to be able to do that, the industry must be assured of expanded access to the country's much-needed oil and natural gas resources, both onshore and offshore.
read more
Top Oil Lobbyist Doubts Reduced-Use Promises
The Washington Times
By Tom LoBianco The U.S. oil and natural-gas industry's new lead lobbyist said Tuesday he doubted that President-elect Barack Obama would be able to deliver on his campaign promise to reduce American oil consumption by 10 million barrels a day by 2030, but endorsed efforts to create more "green" jobs, many of which, he said, would be situated at oil companies.
read more
API CEO Gerard Talks about New Administration, Climate Legislation Prospects
OnPoint How will an Obama administration handle key energy policy issues like offshore drilling, oil company tax breaks and alternative fuels? During today's OnPoint, Jack Gerard, the new president and CEO of the American Petroleum Institute, gives his take on the effect President-elect Obama will have on the oil and gas industries. He also discusses next year's climate change talks, expressing uncertainty about a cap-and-trade bill.
Watch the interview on E&ETV
Punitive Taxation of Profitable Oil Industry Won't Break Dependence on Foreign Crude
Investor's Business Daily
By Mark J. Perry New taxes on oil companies would drastically cut capital that otherwise could be invested in emerging energy technologies and the expansion of refinery capacity. Taxes would negatively impact domestic energy production, reducing revenues. And they would tilt the playing field against U.S. companies that compete globally.
read more
Don't overturn 'Drill, baby, drill'
The News & Observer
By Robert L. Bradley Jr. Inaction to let the ban expire was a very good thing. Now, the public must watch Congress carefully to ensure that work begins to tap our enormous resources, resources whose time has surely come for beleaguered consumers. read more
Don't Let Cheaper Gas Lull U.S. Into Inaction
The Albuquerque Journal The recent oil price drop has given us a little breathing room. Americans should use it to demand comprehensive action on the full range of energy initiatives. read more (subscription required)
YES It would reduce America's reliance on foreign oil and help boost the state's economy
Richmond Times-Dispatch
By Bill Geroux Drilling for oil off Virginia's coast could help reduce America's crippling reliance on foreign fuel and bring jobs and revenue to the state, while posing no significant threat to the environment or tourist industry, proponents say. read more
Drill, Maybe Drill
The Washington Post In a world of skyrocketing demand for energy, it is becoming untenable for the United States to consume 20 percent of the world's oil...while doing nothing to explore its own shores for resources. read more
|