News

12.18.15

America lifts its ban on oil exports

Not only has the business been manipulated by an international cartel, OPEC, with varying degrees of success. Since 1975 America has also distorted it by banning the export of almost all crude oil. On December 18th Congress voted to put an end to the problem by lifting the 40-year-old export ban as part of an omnibus budget bill.

 

12.14.15

The U.S. ban on exporting oil may not live to see its 40th birthday

There's growing momentum to kill the restriction and a deal could be reached before the end of the year as part of a broader spending and tax bill that's making its way through Congress.

 

12.11.15

How fracking has helped the US lead on climate

As representatives from around the world work to finalize an agreement in the last few days at the Paris COP21 climate conference, it's important to acknowledge the fact that hydraulic fracturing and the increased use of natural gas has done more to reduce greenhouse gas emissions than any other government scheme or agreement.

 

12.09.15

US Natural Gas and Oil Production Up and Down

US natural gas production in 2015 is expected to reach a record of 79.58 billion cubic feet per day. US oil field production, however, slowed for second month in a row.

 

12.08.15

68 percent of South Carolina voters support offshore drilling for oil and natural gas resources

Voters also agree that increased production of domestic oil and natural gas resources could provide major benefits to the nation.

 

12.01.15

EPA must do more to protect consumers from high ethanol mandates

"EPA has taken a significant step in the right direction by using its waiver authority to lower ethanol mandates... However, the agency must do more to protect consumers. EPA's final rule relies on unrealistic increases in sales...despite the fact that most cars cannot use them."

 

12.01.15

EPA approves lower ethanol increase in U.S. fuel supply than 2007 law

The Obama administration is requiring more ethanol be blended into the country's gasoline compared to an earlier proposal, but the increase was widely criticized by renewable fuel and corn producers...

 

11.25.15

Time to lift the crude oil export ban

US Senator John Hoeven (MT): "Lifting the U.S. ban on crude oil exports is a smart move that will benefit not only North Dakota, but also our nation and our allies."

 

11.16.15

Emphasize market-driven climate approach

When Obama administration representatives arrive in Paris for upcoming global climate discussions, they should emphasize the successful market-driven approach that helped the US lead the world in reducing greenhouse gas emissions...

 

11.11.15

Oil exports worked for Alaska, and will for the Lower 48

What was true for Alaska in the 1990s is equally true today for crude oil produced from our country's prolific shale formations. Removing the United States' outdated ban on crude oil exports will help grow our economy