Posted January 23, 2012
New polling from Rasmussen Reports on the Keystone XL pipeline:
“Most voters still favor building the Keystone XL pipeline from Canada to Texas and think it will be good for the economy despite President Obama’s decision last week to delay the project for environmental reasons. The latest Rasmussen Reports national telephone survey finds that 56% of Likely U.S. Voters at least somewhat favor the pipeline, with 36% who Strongly Favor it. Just 27% are opposed, including 12% who Strongly Oppose the project. Sixteen percent (16%) are undecided.”
Posted January 23, 2012
According to the U.S. Energy Information Administration (EIA), the world’s demand for energy is going to increase by nearly 50 percent by 2035. Based on EIA projections, this graphic from API’s 2012 State of American Energy report shows that oil and natural gas is expected to supply 52 percent of that energy, only slightly less than today’s share (55 percent).
Posted January 20, 2012
Heather Zichal, Deputy Assistant to the President for Energy and Climate Change, writes:
"But what’s abundantly clear is that there are no silver bullets when it comes to this challenge. And the idea, as some in Washington have tried to suggest, that building a pipeline is the ultimate answer to the question of American energy security and job creation is nothing more than a pipe dream. The truth is that just two of the Administration’s programs – the DOE Loan Guarantee Program and the EPA’s Mercury and Air Toxics Standards – will create more than 10 times the amount of jobs generated by the Keystone XL pipeline, which will only generate a few thousand temporary jobs."
Posted January 19, 2012
As befitting a day when, for the president, political interest trumped the national interest, he opened his 2012 campaign advertising with a commercial touting – wait for it – his energy accomplishments. And they say irony is dead. The commercial links to a webpage trumpeting the president “Boosting Domestic Energy Production.”
While it is great that the president recognizes Americans’ overwhelming support for increased domestic oil and natural gas production, any gains made in the past few years have happened not because of the president’s policies, but in spite of them. Consider this: The area of energy production the president has the most control over is drilling on federal lands. In a study we released yesterday, this is what boosting domestic energy production looks like in the Western states:
Posted January 13, 2012
Policies have consequences – in the graphic below from API’s 2012 State of American Energy report, the consequences of the 2010 Gulf deepwater drilling moratorium are manifest: more than $21 billion in investment dollars lost and the departure of drilling equipment to other, more hospitable, venues.
Posted October 3, 2011
Posted August 19, 2011
Posted August 13, 2011
Posted June 15, 2011
Posted May 24, 2011