International energy economist Leonardo Maugeri says that technology and new discoveries will increase crude oil production in the United States by 50 percent by 2020, discrediting the theory of "peak oil."
Following the trend of other failed “green” energy companies, Abound Solar, a solar panel firm announced Thursday it will file for bankruptcy.
Battling over a transportation bill that now also addresses student-loan interest rates, congressional lawmakers are scrambling to appease their constituents in a legislative boondoggle littered with election-year politics. Aimed for final passage this week, the legislation intends to extend federal highway funding, prevent new student-loan interest rates from doubling, renew and revise federal flood insurance, and a slew of other provisions.
As the kites in Ocean City, New Jersey, became airborne, protesters on the boardwalk waved American flags and told the pro-wind crowd to go fly a kite while unfurling banners with slogans such as “Global Wind Power, Another Wacko Idea.”
Following the three-year anniversary on which the U.S. House passed a national cap-and-trade system that would have limited greenhouse gas emissions, a federal appeals court ruled Tuesday that the Environmental Protection Agency (EPA) is “unambiguously correct” in its legal rationale behind regulating greenhouse gases.
Outright lies and half-truths are the stock in trade of many politicians and political publications, and such deception is on display in the National Review's coverage of a Romney campaign appearance.
The U.S. government opens new area of the central Gulf of Mexico for drilling, amid controversy from environmentalists, who claim that the move will further damage a fragile ecosystem, and have filed a lawsuit hoping to prevent more drilling.
The Obama administration is utilizing the U.S. prison system to help bolster its green-energy agenda, while boosting foreign companies and funneling cash into the hands of Obama’s largest campaign donors, according to a startling new report by the Washington Free Beacon.
Shell Oil Company’s chief U.S. official congratulated the White House for accepting the “strategic importance” of oil resources off the Alaskan coast, but asserted that overall tensions between President Obama and the oil industry prevail. “I think you see a lot and you hear a lot about it being a very stressed relationship, and that’s real,” Shell Oil Company President Marvin Odum affirmed Sunday in an interview with Platts Energy Week TV. “We should just be honest about the fact that that’s real.”
Adding to the Obama administration’s mounting heap of regulations, the Environmental Protection Agency (EPA) proposed Friday new air quality standards to curb the purportedly fatal repercussions of soot emissions. In reducing the emission of such particles, which environmentalists say are one of the most hazardous air pollutants, oil refiners and large manufacturers will be forced to invest in costly pollution-reduction upgrades.