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Hydraulic Fracturing is Bankrupting OPEC

The Energy Information Administration (EIA) is out with new numbers measuring the geopolitical impact of America’s domestic energy boom. As the following chart shows, revenues from net oil exports for the Organization of Petroleum Exporting Countries (OPEC) are expected to decline by 14 percent in 2014 and 46 percent next year compared to 2013 levels. […]

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Let the Golden Age of Oil Continue

“No one would have predicted it. To the contrary, experts predicted the opposite. In 2008, the International Energy Agency was projecting U.S. production would decline or remain flat for decades. Prior to the recession, the price of oil peaked at nearly $150 a barrel, and with global demand rising, it looked like it would remain […]

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Hope for Keystone XL in Montana

Radical environmentalists and the Democrats they support consistently and opportunistically denounce the Keystone Pipeline as a harbinger of environmental harm. Frankly, their claims are patently false. Even worse, the wait for Keystone’s approval has caused a great deal of economic instability in the regions dotting its proposed path. Montana’s floundering economy best exemplifies the consequences of […]

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In the Pipeline: 7/15/13

Turns out it’s easier for the Gulf to come back from an act of God than His Majesty’s energy policies. IER (7/15/13) reports: “The Institute for Energy Research compared the impacts of hurricane activity and the Obama Administration’s oil policies on production in the offshore Gulf of Mexico to see which has the larger and more lasting […]

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In the Pipeline: 6/7/13

It’s nice to see they don’t think people are as stupid as the EPA does. Washington Post (6/6/13) reports: “As U.C. Berkeley’s Catherine Wolfram explains in an interesting new post, this “MPG illusion” could have huge implications for the auto market. Many people who are set on buying SUVs, say, appear to underrate the fuel savings that […]

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In the Pipeline: 4/24/13

Don’t let your children out of sight: “The more we learn about a gas-drilling practice called hydraulic fracturing—or ‘fracking’—the more we see it as a zenith of violence and disconnect…”Weekly Standard (4/29/13) reports: “Recognizing the significant environmental benefits of natural gas as a source of electric power, some prominent national environmental groups, such as the Environmental Defense […]

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