- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
Latest Jack Gerard Items
In a move likely to anger corn farmers and their congressional representatives, the Obama administration Friday proposed the first-ever cut in the amount of corn-based ethanol and other biofuels that must be mixed into the nation's gasoline, with the Environmental Protection Agency concluding that the mandate set by Congress just six years ago is proving difficult and perhaps impossible for gas producers to meet.
Interior Secretary Kenneth L. Salazar's resignation doesn't just leave another open spot in President Obama's Cabinet. The departure of the former senator from Colorado could have far-reaching effects on the administration's energy and environmental policies in a second term — particularly oil and gas drilling on federal lands.
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.
With a second term now in hand, President Obama no longer can delay a decision on the Keystone XL pipeline and must either side with environmentalists within his party or greenlight a major step toward North American energy independence.
In January 2009, when President Obama was sworn in, a gallon of regular gasoline cost $1.68. Today, it's more than double that, reaching $5 in parts of California and $6 just outside Disney World in Florida.
The clock is ticking on the Keystone XL pipeline.
Taking the handcuffs off the oil and gas industry would put more than a million Americans to work in the next seven years and make an $800 billion dent in the national debt by 2030, according to a new study released Wednesday.
As the economic recovery stalls and the debt debate in Washington fuels market uncertainty, business leaders — many of whom were once close to the White House — are increasingly airing their fears that President Obama's policies are stifling job creation.
Despite President Obama's pledge to cut red tape for job-creating industries, regulations and other delays are holding up billions of dollars in investments and thousands of jobs for oil and gas producers, the head of the American Petroleum Institute tells The Washington Times.