oil

If they can’t stop energy development, they block pipeline transport (and get unexpected help).

“As the threat of American energy continues to grow, so does the Kremlin’s incentive to influence energy operations in Europe and the United States.”

According to a survey published last month in the United Kingdom, climate change risks will force a lower valuation of oil company stock prices within the next five years. But despite many predictions of demise over the last 50 years, global consumption of hydrocarbon energy continues to grow.

CFACT Senior Policy Advisor Paul Driessen warns that the impending lawsuits against oil and gas companies — created by corrupt city governments as a last-gasp hope for escaping bankruptcy — pose grave danger for the U.S. economy should these cities succeed. Yet, says Driessen, the very premises of these suits suggests they should be thrown out of court.

As CFACT Senior Policy Analyst Paul Driessen explains, federal revenues from offshore drilling fell from $18 billion in 2008 to just $2.5 billion in 2016 thanks largely to Obama era policies while state revenues from closer-in rigs went up. The Trump-Zinke proposal would open federal waters (outside the 3-mile limit) to drilling, with huge potential revenues and contributions to national security. The planning and evaluation process, Driessen argues, should not be impeded.

CFACT Senior Policy Analyst Paul Driessen pulls no punches, calling today’s ethanol and biofuels mandates and subsidies a fascistic scheme that harms both the economy and the environment and does nothing to conserve domestic energy while doing a lot to stifle economic growth. He urges the swift repeal of ethanol and biofuels mandates.

CFACT Senior Policy Analyst Paul Driessen extols the benefits of the opening some 2,000 acres of the huge Arctic National Wildlife Reserve to exploration and drilling for oil and gas. The potential for the region is at least 15 billion gallons of oil a year – more than enough to keep the Trans-Alaska Pipeline up and running for a long time to come.

CFACT Senior Policy Analyst Paul Driessen laments the long, arduous battle to open the Keystone XL pipeline — an action that would eliminate the need for 1,225 railroad tanker cars per day (450,000 per year) or 3,500 semi-trailer tanker trucks daily (1,275,000 annually) that currently transport oil to refineries, saving lives and costs and creating jobs in rural America. Driessen also recounts the many ways that fossil fuels enrich humanity — from feed stocks for paints, plastics, pharmaceuticals, and other products to powering the manufacturing centers that create computers, smart phones, healthcare technologies, vehicles, and batteries.

CFACT Senior Policy Advisor Paul Driessen wishes the entire world a happy time of thanksgiving — for the fossil fuels, hydroelectric power, and other contributions to reliable, affordable energy that has powered a dramatic shift in life expectancy and standards of living and world health, lifting billions out of poverty. He further challenges us to extend these blessings to the billions who even today lack the blessings of energy, in part because of elitist, eco-imperialist refusal to underwrite the financing of anything but renewable energy that is unreliable, expensive, and only in some cases the best (short-term) option.

In an article published in The Hill, CFACT Senior Policy Advisor Paul Driessen reports that the 3-2 vote by the Nebraska Public Service Commission to approve a new route through the state for the long-delayed Keystone Pipeline may or may not signal completion of the pipeline is near. Read the excerpt here, and the full article in The Hill.

CFACT Senior Policy Advisor Paul Driessen lauds President Trump and his administration for rolling back Obama era restrictions on fossil fuels that had already hurt the U.S. economy — the rollbacks should unleash massive economic growth and create lots of jobs.

West Virginia University professor James E. Smith and graduate student Alex Hatch report that the United States economy has begun to grow steadily despite falling oil consumption. Moreover, worldwide energy demand dropped significantly between 2013 and 2015 and the trend is continuing despite growing world populations and expanding energy availability. They note that , worldwide (not just in today’s rich countries), the only thing limiting our future progress and comity is our imagination and ingenuity.

The Heartland Institute is gathering the country’s best energy policy experts, as well as key players in the industry, at the J.W. Marriott Hotel in Houston, Texas on Thursday, November 9, 2017, for its America First Energy Conference. It’s an event that will explain what has happened, and more importantly, what comes next.

CFACT Senior Policy Advisor Paul Driessen explains how the election of trial lawyer buddy John Bel Edwards as Governor of Louisiana has paved the way for Green lawsuits against oil and gas companies that are nothing more than shakedowns — claiming the energy industry as a whole is responsible for coastal land erosion in the state.

CFACT Senior Policy Advisor Paul Driessen makes a strong case for full reversal of the EPA’s “endangerment finding” it used to attack the coal industry and ultimately all fossil fuel energy — the EPA lied, falsified documents, and excluded contradictory testimony from the hearings to ensure that fossil fuels did not get a fair trial.

CFACT Senior Policy Analyst Paul Driessen calls out those who are protesting the shipment of oil and gas via pipeline as hypocritically favoring railcar transport even though railcar spills are much more commonplace and more dangerous — and costly. Driessen notes that these same people have protested fracking and for that matter all use of fossil fuels — even though they continue to rely on fossil fuel products for their own lifestyles.

CFACT Senior Policy Advisor Paul Driessen champions a new book, for which he provided one essay, entitles, “Climate Change: The Facts 2017,” which covers climate changes through the ages and reveals the devious tricks that alarmist “researchers” have used to modify and “homogenize” actual temperature data to fit their alarmist computer models. Driessen then points out the tremendous human cost of these foolish, people-killing policies that are insisted upon by the radical greens and are sadly being adopted in all too many places.

America’s energy revolution can be the key to its competitiveness. This has OPEC and Europe worried.

OPEC has asked the U.S. to stop producing so much oil, according to a report Thursday. Saudi Arabia is not enjoying free markets and the shale energy revolution.

President Trump could save the U.S. economy $3 trillion and 6.5 million industrial sector jobs by opting out of the Paris climate agreement — a very bad deal for the United States. So says CFACT policy advisor Larry Bell,