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Unlocking "unconventional" energy requires unconventional politics, and that's one resource that is genuinely scarce among today's backwards-looking bureaucrats and green interest groups.
If the nation truly wants to address the wild roller coaster of price swings, it's important to understand the factors that affect prices.
The present energy shock is taking place at a time when U.S. monetary policy accommodation is being withdrawn.
The Obama administration’s decision to kill the Keystone XL pipeline (which would bring oil down from Canada’s province of Alberta to refineries on the U.S. Gulf Coast) is emblematic of the pervasive, systematic hostility the administration has shown to all forms of fossil-fuel production and consumption.
The Keystone pipeline would create 20,000 American jobs and nearly 120,000 indirect jobs as well as increase revenues for state and local governments along its route. It would be senseless to forfeit such a huge economic stimulus with guaranteed job creation and an estimated $20 billion in revenue at a time when 25 million Americans are looking for work.
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.
Once again, high gasoline prices are in the news. As of this writing, the national average gasoline price per gallon price is hovering around $3.79.
Thank you, Madam Chairman.Among the very top priorities of U.S. foreign and security policies, I doubt there are many – if any – objectives more important than a free, democratic, stable, and prosperous Russia, at peace, in the long last, with its own people, its neighbors and the...







