oil – Page 8 – CFACT

U.S. light dimmed with Obama energy policy

Energy policy analyst Marita Noon, a CFACT advisor, points out that India has no intention of kowtowing to political correctness in developing its energy sector. Instead, "India rejects arguments by Green activists that it must move away from coal energy, saying the alternative would be to keep its citizens in poverty.” Meanwhile, President Obama is intent on creating energy poverty in the U.S. through a regulatory assault on coal, oil and gas, and other conventional energy producers -- on top of his intention to veto legislation authorizing the Keystone pipeline. Should he get his way, Americans will be anticipating blackouts and brownouts and higher energy prices across the board to go along with the energy shortages his policies are sure to create.

By

Marita Noon

|2015-01-19T17:54:25-05:00January 19th, 2015|1 Comment

Vetoing bipartisan energy, job, and economic growth

CFACT Senior Policy Advisor Paul Driessen says that the Obama Administration is continuing, even revving up, its campaign against domestic energy production with new EPA regulations on the horizon that would shutter much of the nation's coal industry and do great harm to oil and gas production; he also promised to veto any legislation to approve the Keystone XL pipeline. Moreover, the Obama progressive mentality is so pervaseive that international lending and donor agencies (the UN, OPIC, etc.) are holding poor, developing countries hostage to wind, solar, and biofuel projects that cannot lift them out of poverty -- and thus these elites are damning the world's poorest people to eternal poverty when true prosperity through fossil fuels is staring them in the face.

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Paul Driessen

|2015-01-13T01:44:35-05:00January 10th, 2015|Comments Off

The oil price is not the price of oil

Accordinng to petroleum engineer Sel Graham, the real oil price is NOT the price of oil as prophesied by Wall Street speculators. The U.S. oil price has been consistently lower than the price for foreign oil. Thus, Graham says, the best policy for the U.S. is to continue to increase domestic production until we are no longer dependent on more expensive foreign oil.

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CFACT

|2015-01-10T15:49:19-05:00January 10th, 2015|Comments Off

Obama Administration kicks the oil-and-gas industry while it is down

Just as the glut of oil on the world market has prompted Saudi Arabia to pump out even more oil at cheap prices (for up to 5 years, the Saudis say -- as long as it takes to crush the U.S. shale industry -- the Obama Administration wants to impose harsh new resrictions on oil and gas companies. A better recipe could not be found for decimating the U.S. economy, killing jobs, and ceding control over world oil prices and demand to the Saudis and their OPEC cronies.

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Marita Noon

|2015-01-09T23:02:44-05:00January 5th, 2015|4 Comments

Ethanol policy reform–the rare place where environmentalists and energy advocates agree

The Renewable Fuel Standard (RFS) is a bad joke that is costing American businesses money and trouble over a fuel -- cellulosic ethanol -- that is perhaps decades away from marketability. A coalition is building to eliminate this costly, even damaging, mandate that the EPA is eagerly enforcing despite issuing its rules after the fact and pressing for engine-damaging ethanol limits of up to 15% at a time when gasoline prices are dropping and U.S. production of gasoline is peaking. CFACT advisor Marita Noon says it is time to reform, revise, or repeal the RFS.

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Marita Noon

|2014-12-30T11:00:14-05:00December 30th, 2014|1 Comment

Germany’s “energy transformation:” unsustainable subsidies and an unstable system

German Chancellor Angela Merkel just decided to lay out additional funds to push that nation to 40% cuts in carbon dioxide emissions by 2020, an action in line with its Energiewende goals to move beyond fossil fuels. Except it cannot. Germany has done too much too quickly --

By

Marita Noon

|2014-12-18T10:27:04-05:00December 16th, 2014|6 Comments

How Obama and his environmental base are planning to eradicate the oil and gas industry

The Senate Environment and Public Works Committee minority (soon to be majority) staff has just released a report, “Setting the Record Straight: Hydraulic Fracturing and America’s Energy Revolution,” which shows how President Obama is coordinating with far-left environmental activists such as the aggressive NRDC and the Sierra Club, along with their millionaire board members, their Hollywood celebrity boosters and their “philanthropic” funders, such as the rabidly anti-fracking Park Foundation, to wage an all-out assault to shut down domestic production of American oil and natural gas. There is hope that this agenda can be derailed in part by the incoming GOP Senate majority and a unified House of Representatives, but the President and his minions will continue their regulatory assault as long as they have the power to thwart the will of Congress and the people.

By

Ron Arnold

|2014-12-14T20:22:30-05:00December 14th, 2014|4 Comments

Welcome to the O-zone—where economic development is a zero-sum game

Included in the Obama Administration's "Unified Agenda" for 2015 are new, job-killing standards for ground-level ozone that are the product of a friendly lawsuit from the Sierra Club. These rules the President put on hold in 2011 in an effort to reduce “regulatory burdens and regulatory uncertainty, particularly as our economy continues to recover" -- or maybe for fear they would harm his reelection chances in 2012. The new regulations will mean that, depending on the final rule, 76% to 96% of the country—including some national parks where the natural background levels for ozone are 65 to 67 parts per billion—will be out of compliance. This will deal a crushing blow to U.S. economic recovery -- and the Sierra Club and the President know and heartily approve of this tragic outcome.

By

Marita Noon

|2014-12-09T10:01:23-05:00December 9th, 2014|4 Comments

Six energy policy changes to watch for in a Republican-controlled Congress

CFACT advisor Marita Noon suggests six major areas of confrontation and change now the the Republican Party controls both the House and Senate: the long-awaited (and perhaps too late) approval for the Keystone XL pipeline; a major expansion of oil and gas and minerals development on federal lands; lifting the current ban on U.S. oil and gas exports; reining in the EPA's power, especially as it applies to the proposed Clean Power Plan and the expanded Waters of the United States regulations; major reforms to the Endangered Species Act that would turn landowners from enemies to protectors of threatened and endangered species; and an end to climate alarmism as official U.S. Congress policy. Nearly all of these changes are expected to be vigorously fought by President Obama and the White House.

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Marita Noon

|2014-11-17T15:28:17-05:00November 17th, 2014|2 Comments

Congress’ job: “Reins” in the runaway EPA

Now that he no longer has to face the public, President Obama may soon unleash a torrent of radical executive orders with far-reaching consequences, but his regulatory bodies are advancing an all-out war on the U.S. oil and gas industry that can only be curtailed through Congressional action (at least for now). The chief problem is that the EPA's regulations constitute “s power without accountability — a useful formula politically but an abysmal one for policy-making." The REINS Act would end this shell game.”

By

Larry Bell

|2014-11-10T19:44:42-05:00November 10th, 2014|1 Comment

From the battlefield to the oilfield, it is all about employing veterans

A quarter million veterans a year reenter civilian life, and many are looking for jobs in perhaps the worst labor market since the Great Depression. The oil and gas industry, which has been growing rapidly with the advent of fracking, provides an opportunity for these veterans to find meaningful work.

By

Marita Noon

|2014-11-10T16:48:50-05:00November 10th, 2014|Comments Off

The oil price election connection

According to CFACT advisor Marita Noon, while the U.S. oil shale boom (the result of fracking) has dramatically increased domestic oil and gas production, the Middle East is still playing a significant role both in the current drop in oil prices and down the road. ISIS is selling oil at below-market prices to willing rogue customers, and Saudi Arabia has increased its own production, even as the price of oil falls below the amount needed to sustain the Saudi economy. The Saudis are hoping to push both American and Canadian oil prices down below the cost of extraction from both shale and tar sands in hopes of slowing down or even stopping expansion of North American exploration and production.

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Marita Noon

|2014-11-03T15:40:19-05:00November 3rd, 2014|2 Comments

Environment benefits from free enterprise prosperity

The biggest problem isn’t that the Earth has too many rich people, or too many people altogether. Rather, is that there are so many poor tragic victims of largely UN-orchestrated, climate-crisis premised, anti-carbon energy starvation policies.

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Larry Bell

|2014-10-13T23:40:59-04:00October 13th, 2014|2 Comments

Phony “environmental justice” at EPA

Ms. McCarthy should base environmental policy on sound science – and check her phony justice rhetoric at the door.

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Paul Driessen

|2014-09-26T07:45:21-04:00September 24th, 2014|6 Comments

Colorado Dems frack backtrack is all about November

CFACT Advisor Marita Noon points to a primary election in New Mexico as the impetus for Colorado Democrats to back away from legislation to curtail hydraulic fracturing (fracking), a measure that would hurt Colorado's economy and quite likely the chances for Democrats there to win elections this fall. Cynical? You betcha! If they should win in November, will these measures be back on the table?

By

Marita Noon

|2014-08-11T18:54:34-04:00August 11th, 2014|Comments Off