Natural Gas
A funny idea of what “back in business” means
We all know that production of oil and natural gas has soared in the United States over the last few years. But there’s one place where production actually has dropped: on federal lands. That comes from the federal government’s own Energy Information Administration. In a new report, EIA reveals that oil and gas production from…
Is energy different from blueberries? Respectfully, not when it comes to free trade.
Is energy different from other commodities? Not when it comes to free trade. Energy is fundamental to our economy, but that doesn’t make it independent of economics. That’s why government efforts to manipulate markets or set prices are destined to harm consumers.
Investing in the American workforce of the future
On Friday, ExxonMobil announced a $500,000 grant to underwrite a technology job-training program in the greater Houston area that will help develop the workers to staff a rapidly expanding petrochemical industry. This comes just a few months after prospects for a “major workforce shortage” were discussed at the American Fuel and Petrochemical Manufacturers annual meeting.
Natural gas exports to create jobs and economic benefits, new studies conclude
Last week the White House announced its intention to make America “a magnet for jobs and manufacturing so we continue to build things the rest of the world buys.” One way to advance that worthy ambition – and to give the overall economy a much-needed lift – would be for the Obama administration to give…
Of California and Texas and New York and Pennsylvania…
Several items have caught my eye in recent weeks that reinforce the old dictum that states are the laboratories of democracy. Under our system of government, states and individual localities may adopt different policy approaches on a host of issues. The lessons and success of those policies can offer valuable guidance to other lawmaking and…
Economic experts favor free markets for LNG trade
The national discussion on the export of liquefied natural gas (LNG) is raising several important issues with policymakers, and the American Council for Capital Formation (ACCF) recently assembled a roundtable of economic experts to clarify some of them. In publishing a transcript of that discussion, which it did yesterday, ACCF makes a significant contribution to…
