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If Obama is serious about wanting to increase domestic oil production, he'll move to open up new areas for exploration, and ask Congress to amend statutes that enable third party lawsuits to tie up drilling permits for years.
This was the worst jobs report since last October. The economy added 120,000 jobs in March, about half the pace of the previous three months.
If there is one conclusion that should be drawn from the boom in U.S. natural gas production, it is that supplies are so abundant that it makes economic sense to export some of our gas to countries overseas. No one could have imagined that possibility even a few years ago...
With Europe collapsing, China stumbling, and India and Brazil retreating from full free market reform, we’re the last stable, pro-growth economy left.
Tension between the United States and Iran reached levels not seen in more than 20 years when, on Wednesday, Iranian military officials threatened to close the Strait of Hormuz, the 34-mile wide channel through which more than one-third of the world’s oil tanker traffic passes.
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.
Sunday’s elections results in six European countries, particularly France, Greece and Germany, bode poorly for satisfactorily resolving the European Union’s ongoing financial and political crisis.
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.







