The Environmental Protection Agency (EPA) has now missed its April 13 deadline for finalizing rules limiting greenhouse-gas emissions from new power plants. The rules as proposed included an unattainable standard for new coal plants that would have left the nation unable to use its most plentiful energy source.
It sure didn't take long. Just barely into his second term, President Obama is faced yet again with a crucial decision about our nation's energy future: Will he prioritize American jobs and energy security, or will he appease environmental extremists by once again rejecting the Keystone XL pipeline?
The Congressional Budget Office's estimate of potential revenue from expanded oil and gas leasing in federal areas was far too conservative, underestimating the potential budget impact by billions of dollars, according to an analysis issued Tuesday by the industry-backed Institute for Energy Research.
The U.S. energy industry clearly still leads the way on fracking, which has upended global energy markets, but the rest of the world is beginning to catch up as nations seek to replicate American success in oil and natural gas development.
After devoting scant attention to climate change during his re-election campaign, President Obama pivoted sharply on the issue during his inauguration speech and promised to make addressing the threat of global warming a major priority in his second term.
Why does America's economy feel like an SUV running on fumes? The Obama administration's laughably rigid enforcement of a Bush-era ethanol mandate typifies today's regulatory climate. When Uncle Sam governs with a tire iron in his hand, U.S. companies wisely pull off the road and pray for new management.
The Environmental Protection Agency Tuesday proposed greenhouse-gas regulations that effectively would prohibit the construction of new coal-fired power plants.
President Obama's recent invitation to open an area in Alaska to energy drilling is playing to poor reviews from industry leaders and administration critics, who say the move is an attempt to mislead the public about the administration's willingness to open federal lands to more oil and gas production.
President Obama has been touring the country this week touting increased oil and gas production numbers during his time in office — but his selective quotes and figures tell only part of the story.
