The Wall Street Journal is reporting that the Obama administration played “a central role” in encouraging a private equity firm to rescue a struggling refinery in Pennsylvania. This is rather ironic since part of the reason for the refinery’s financial troubles were the Obama administration’s burdensome regulations. Earlier this year, refineries on the East Coast [...]
AEA calls for RFS Enforcement Cease Fire
WASHINGTON D.C. — American Energy Alliance President Thomas Pyle released the following statement upon annoucements that Agriculture Secretary Tom Vilsack had declared more than half of U.S. counties as disaster areas due to the record drought affecting U.S. farmers. A dramatically reduced corn crop has caused prices to rise by about 60 percent since mid-June, [...]
August 1, 2012 | News, Renewable Fuel Standard, Threats
Energy: All for All of the Above
While the campaign was launched as prices at the pump were creeping upward to the highest levels in years, AEA spokesman Benjamin Cole said the group’s theme of energy affordability continues to resonate with voters, even as oil prices have stabilized in the subsequent months. “The fact is, gas is twice what it was in [...]
July 31, 2012 | News
Bursting at the Seams: America’s Energy Potential
Can you imagine a prosperous America that utilizes its domestic energy resources to fuel a dynamic economy, jobs and technological innovation? President Obama doesn’t appear to imagine a future of plentiful energy resources. Instead, the President perpetuates the myth that America is strapped for energy with only 2% of the world’s proven oil reserves [...]
Steven Chu Thinks He’s Smarter Than You
When he’s not busy picking “winners” like Solyndra, Energy Secretary Steven Chu has time to engage in original, peer-reviewed research. In a forthcoming paper, Chu and his co-authors argue that federal mandates for energy efficiency actually don’t increase prices for consumers, because the extra hoops force the producers to learn how to innovate. As [...]
June 15, 2012 | News
We Can Learn from Canada
The United States should start taking lessons from Canada regarding oil development and its relationship to a pro-growth regulatory and tax structure. Canadian production of oil sands in northern Alberta is expected to reach 4.1 million barrels a day by 2020, up from last year’s production level of 1.6 million barrels per day. This area [...]
June 4, 2012 | Renewable Fuel Standard, Threats, Tier 3 Standards
