Why is President Obama Opposed to Creating 20,000 New Jobs?
If President Obama insists that “we can’t wait” for measures that create jobs, why does he keep trying to sidetrack the Keystone XL pipeline? Senator John Barrasso (R-WY), writing at Investors Business Daily, argues that it’s all politics: Here at home, Republicans are working on legislation that will make it easier and cheaper for the [...]
Do You Need to Change Your Oil Every 3,000 Miles? No.
This is interesting to me, because my daughter and I had this conversation just a few days ago. She wondered whether her 2010 Hyundai Santa Fe really needed the oil changed every 3,000 miles. And why wouldn’t she wonder? Super marketing and advertising by quick-lube companies like Jiffy Lube have convinced millions of Americans that [...]
Energy for America: Let’s Unlock Our Vast Energy Reserves, and Create a Million Jobs
I’ve written about America’s tremendously large energy reserves before. We have the largest reserves of oil, natural gas and coal of any country in the world, including Russia and Saudi Arabia. The major obstacle to accessing these reserves is the federal government. Here’s a video presentation by Dr. Steven Hayward on how to unleash our [...]
Could North Dakota Really Become the New Saudi Arabia? Harold Hamm Says Yes
Stephen Moore has a great profile on Harold Hamm, the founder and CEO of Continental Resources, and the guy who discovered the Bakken oil fields in North Dakota. Hamm says we could create tons of jobs and eliminate our dependence on foreign oil, if the government would just get out of the way, and stop [...]
National Center for Public Policy Research: Obama Administration Overreaction to Deepwater Horizon Accident Like “Industrial Sabotage”
Oil drilling rigs are leaving the Gulf of Mexico for locations all over the world. More are slated to follow. Oil and gas producers are looking for some sign that the regulatory climate is going to experience a favorable change, and they aren’t seeing it. Kevin Mooney at Master Resource has an informative piece on [...]
More Hopenchange: Housing Prices Continue 57-Month Decline
Stacy McCain asks “is this the hope, or the change?” He’s referring to the news from the Wall Street Journal that housing prices continued their 57-month decline in the first quarter of this year. Home values posted the largest decline in the first quarter since late 2008, prompting many economists to push back their estimates [...]
The U.S. Has the World’s Largest Energy Reserves. Why Aren’t We Using Them?
At least one of the reasons is sitting in the Oval Office (at least part of the time), and he thinks a lot smarter than you or me. He Descended from Olympus as Lightworker Genius, and set about to right all the wrongs in America. This included shackling the energy industry at every turn, and [...]
Barack Obama – Our $4 Per Gallon President
Think what you will of Sarah Palin. She might not have (at least in the political elites’ estimation) the “gravitas” to be a presidential candidate, but having been governor of a state where oil production made up a significant part of the economy, she probably knows a few things about oil and gas. Her latest [...]
The Gulf oil spill – a little perspective.
There’s no denying the oil spill in the Gulf of Mexico is a big mess, and it has impacted (and will continue to impact) a lot of people. Here’s a graph that puts the size of the spill in perspective. Click on the image to view the full-size image. I find the bar titled “Every [...]
The Gulf oil spill: what’s the cost of doing nothing?
Is the “cost of doing nothing” more, or less, than the cost of (trying to) clean up the oil? It would be anathema to environmental activists, but S.E. Cupp makes an interesting argument for maybe – doing nothing. A couple of her points: The tools and technologies used for oil-spill cleanup haven’t changed much at all since [...]
