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The average American would believe that the nation's need for substantial nuclear fuel, oil, natural gas, and coal will soon be a distant memory, based on the Obama administration's strident emphasis on developing "alternative" energy sources. The reality, however, is quite different.
Al Armendariz, the top Environmental Protection Agency official in the oil-rich Southwest region, resigned from his post, effective Monday. It’s the latest twist in the never-ending and increasingly ugly fracking fracas. A two-year old video had surfaced last week (and since pulled) featuring Armendariz comparing his “philosophy of enforcement” to...
By removing unnecessary regulatory burdens that hinder companies from doing what they do best — creating jobs and meeting the needs of American consumers — the nation could create jobs and boost an otherwise lackluster economic recovery.
The U.S. is at the forefront of the unconventionals revolution. By 2020, shale sources will make up about a third of total U.S. oil and gas production...by that time, the U.S. will be the top global oil and gas producer, surpassing Russia and Saudi Arabia, PFC predicts.
Fracking technology has the potential to multiply the world's supply of natural gas and emit less in the way of greenhouse gases--unless environmental advocacy groups slow the wheels of change.
With gas prices soaring, we can't ignore the success of horizontal hydraulic fracturing of shale gas and the profound importance of natural gas on America's energy future.The availability of cheap natural gas is expected to continue well into the future.
There can be an appropriate place for government subsidies to influence the choice of vehicle fuel technology. But such choices should be subject to rigorous cost benefit analysis with a high threshold for approval.








