Recent Posts
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…
More to our quarterly earnings than just profits
ExxonMobil reported quarterly earnings today of $9.5 billion. We are proud of our success, of earning strong returns for our shareholders and of the hard work that goes into satisfying the vital energy needs of customers around the world. Here are a few important facts. ExxonMobil had $22.6 billion in worldwide tax expenses during the…
The benefits of trade for global prosperity and diplomacy
My previous post discussed the abundance of natural gas brought on by energy production from shale and other so-called unconventional sources. This new energy paradigm offers tremendous economic and environmental benefits to the American people. It can also help the United States advance its global trade and diplomacy aims. National Security Advisor Tom Donilon spelled…
From scarcity to abundance in 10 short years
What a difference a decade makes. That’s the thought crossing my mind this week as thousands of delegates meet in Houston for the 17th International Conference and Exhibition on Liquefied Natural Gas, better known as LNG 17. The conference is the world’s premier LNG event, bringing together industry leaders, government figures, academics and others to…