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International Energy Agency
Latest International Energy Agency Items
It's been a rough few years for the coal industry, with President Obama and environmental groups seemingly bent on driving it out of business. But for coal, all the world's a stage — and a market.
For Americans who came of age in an era marked by worries about scarce world oil supplies, dominant international oil cartels and unrest in the Middle East, the times are changing — quickly.
The U.S. is not the only nation experiencing a renaissance in oil production. Sidelined for two decades by war, sanctions and political instability, Iraq passed a critical milestone last year by producing 3 million barrels a day of crude oil for the first time since 1990, before the Persian Gulf War, reaching 3.4 million barrels a day by December.
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.
A new low in the “war on energy” was reached in recent weeks, when a handful of federal officials and a few short-sighted corporations, including Dow Chemical, joined forces to support new anti-gas policies that threaten our nation's energy-based economic recovery. Their plan: Cap liquefied natural gas exports and manipulate the domestic natural gas market for the short-term benefit of a handful of companies. Just yesterday, Utah-based Huntsman Corp. also announced it was joining this misguided effort.
There is an energy revolution under way in the United States. Booming oil and natural gas production is transforming our economic outlook, ushering newfound wealth to our rural areas and providing high-paying jobs for middle-class workers across the country.
Oil and gas industry leaders are urging President Obama to forgo tax increases in his second term and instead embrace more domestic energy production as a way to jump-start the economy and create jobs.
America's suddenly booming domestic energy scene could provide critical aid in bailing out the nation's fiscal woes, the chief of the nation's top business lobby said Thursday
Three hours west of Washington, D.C., U.S. Route 50 emerges from the West Virginia forest in a gentle curve. On the south side of the highway rises an enormous natural gas drilling rig. To its left and slightly behind it is a gas separation plant under construction.