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The US Geological Survey announced a twofold increase in estimated mean oil resources in the Bakken and Three Forks Formations.
(GRAPHIC) A vehicle mileage tax is being proposed as an alternative to the federal gas tax. Aside from the privacy concerns it raises, it is also a costly endeavor.
To grasp the importance of the revolutionary change in oil and gas drilling sweeping across the United States -- and its significance for our economy -- just consider how far behind the rest of the world is lagging.
Is Senate hopeful Rep. Ed Markey (D-Ma) abandoning key support for greenhouse gas reductions as political payback to Dow? Is he anti-shale gas regardless of its economic and environmental benefits?
The ethanol mandate continues to do more harm than good — inflicting environmental damage, raising food prices, and distorting energy markets.
Displaying little of the contextualized reporting that the paper, at its best, is renowned for, the Times has run numerous articles in its “Drilling Down” series and elsewhere, simplistically framing shale gas extraction as an environmental disaster-in-progress.
Recent advances in drilling technologies have unleashed a boom in domestic natural gas production. The United States may have more than 100 years' worth of gas reserves, and perhaps much more, including large untapped resources in Michigan.
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.
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.
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As the controversy over climate policy has grown, it has been said that greenhouse gas (GHG) control is too hard but solar radiation management (SRM) is too easy. Join AEI for a discussion of the potential economic benefits, as well as the risks of SRM with Lee Lane, J. Eric Bickel and Nobel Laureate Thomas Schelling. A reception will follow.
At this event, panelists will address pension reform challenges by presenting the results of three research papers commissioned by AEI through a generous grant from the Smith Richardson Foundation.
Mark Warshawsky, a well-known expert in retirement finance and a newly appointed commissioner, will explain the implications of a publicly funded long-term care insurance program. Then a panel will debate whether another government program the best way to ensure that families can afford to provide the necessary services for their aging loved ones.









