Sustaining our revolution in oil and gas production should be a national priority, starting with a policy environment that welcomes investment, risk-taking, and job creation. It is important for our infrastructure to keep pace with this opportunity.
It’s an interesting question. That we’re even entertaining it, however, shows you how far off the rails candidates from Secretary Clinton, to interest groups, to the Democratic Party Platform have gone in proposing to ban energy production on federal lands in one way, shape, or form. It’s easy to
What if energy production was banned on federal lands and waters? It would be devastating to the U.S. and particularly felt in states like Colorado, Wyoming, and New Mexico, as well as the Gulf of Mexico region.
A few weeks ago, the Energy Institute’s president and CEO, Karen Harbert visited with business and industry leaders in Alaska. Her message was loud and clear: Alaska and the Arctic are an important part of America’s energy future. Unfortunately, the Obama Administration doesn’t seem to agree. The
The Trans-Alaska Pipeline System (TAPS) was approved by Congress in 1973, shortly after the Arab Oil Embargo, and began carrying crude oil from Alaska’s North Slope south to the port at Valdez in 1977. Since then, TAPS has moved more than 17 billion barrels of crude oil, or about 2.4 times as much
Yesterday, Reuters reported that crude oil exports from the United States reached their highest level since the 1920s. Using Census Bureau export data, Reuters calculates that crude shipments averaged 662,000 barrel per day in May. The total quantity is only part of the story, however. Since the
America is at an energy crossroads. The fracking-enabled shale revolution is rapidly transforming the nation’s energy landscape, lowering prices for consumers and dramatically reducing our dependence on foreign oil. As we will detail further in the coming weeks, this transformation has been
WASHINGTON, D.C.—Karen Harbert, president and CEO of the U.S. Chamber’s Institute for 21st Century Energy, today issued the following statement regarding a federal district court ruling striking down the Department of Interior’s proposed regulations on hydraulic fracturing: “The courts have once
Annual International Index of Energy Security Risk Shows U.S. Improving WASHINGTON, D.C.—The U.S. Chamber’s Institute for 21st Century Energy’s Annual International Index of Energy Security Risk quantifies what has been apparent for the last several years—U.S. energy security is improving as a
