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Energy and the Economy

A new study from IHS CERA shows that building the proposed Keystone XL pipeline would not add to greenhouse gas emissions, confirming a key point in the State Department’s draft environmental review of Keystone XL about potential emissions increases from going forward with the $7 billion project.

Given the Obama administration’s struggles to increase exports, it’s baffling that officials continue to hold back on one of the surest ways to expand trade of American products to other nations. I am speaking of proposals to export liquefied natural gas (LNG).


The Gasland II flameout

Posted: July 30, 2013 by Ken Cohen

We live at a time when documentaries can have far-reaching influence on the public dialogue. The best ones explore issues with integrity and intellectual honesty. Nowhere is this more important than with regard to energy policy – where facts and science should guide our discussions.

Is there reason to hope that the U.S. economy can escape the doldrums that have hampered growth for the last five years? According to McKinsey & Company the answer is yes.


Last year North Dakota’s Bakken region registered record oil production of 600,000 barrels per day – a 100-fold increase over just six years earlier. Ten months later, the record set last July seems a distant memory.

The scramble among refiners to purchase RINs has sent the price of these credits skyrocketing. Platts Commodity News reported yesterday that prices soared to $1.32 per RIN on Monday, the fifth record in the previous six trading sessions. By contrast, RINs traded for two cents apiece last year.



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