Posted April 20, 2017
Natural gas is a winner – for U.S. consumers, the economy and the environment. Quick, somebody tell officials in New York state – where they continue to ban hydraulic fracturing, the key to unlocking vast natural gas reserves located right under New Yorkers’ feet, to the benefit of New York consumers, New York job-seekers and New York’s environment.
Posted September 29, 2016
Protecting our habitats is something industry has championed for some time. Back in 1987, Occidental Petroleum came across a rare looking plant on one of its drilling sites in Colorado. The plant, later identified as the parachute penstemon, can only be found in Colorado and is considered one of the rarest plants in North America.
Posted September 15, 2016
Access to land and water is important to industry, but these are critical to the wildlife that live there, from birds and butterflies to all kinds of animal life. The use of modern hydraulic fracturing and horizontal drilling – which allows widespread oil and gas operations from a single surface well pad – is a big part of limiting industry’s footprint. So is understanding the local wildlife.
Posted September 29, 2015
U.S. oil and natural gas companies continue to lead in investing in the domestic economy, with five companies among the Progressive Policy Institute’s top 25 in 2014 U.S. capital expenditures.
ExxonMobil, Chevron, ConocoPhillips, Occidental Petroleum and Hess lead an energy production/mining sector that invested $43.6 billion in 2014, closely following the $48.7 invested by telecom/cable.
That’s great news for the U.S. economy which, as the PPI report details, needs investment to expand. PPI calls the top 25 its “investment heroes” because “their capital spending is helping to raise productivity and wages across the economy.”
Posted February 20, 2015
Posted February 20, 2015
Posted January 9, 2015
Posted December 18, 2014
Posted November 18, 2014
Posted November 5, 2014
Wall Street Journal: Next year’s GOP-controlled Senate is expected to come out strongly against President Barack Obama ’s most consequential energy and environment policies, with the likely majority leader, Mitch McConnell of Kentucky, vowing to hold votes on the Keystone XL pipeline and legislation to pare back the administration’s proposed carbon emissions rules.
It is an open question how much headway Republicans can make, given the Senate’s 60-vote procedural threshold and the threat of a presidential veto. But centrist Democrats with home-state energy interests could align with Republicans to create bipartisan majorities on bills that Senate Majority Leader Harry Reid (D., Nev.) didn’t want to bring to the floor, including approving the Keystone XL pipeline, curtailing Environmental Protection Agency rules to cut carbon emissions and expediting federal reviews of natural-gas exports. The votes would put senators on the record in a way Mr. Reid often avoided.