The Potential Gas Committee (PGC) this week released the results of its latest assessment of America’s natural gas reserves, estimating the United States’ total recoverable resource base at 2,384 trillion cubic feet.
The nonpartisan Congressional Research Services has issued a new report showing the effects of the Obama administration’s “all-of-the-above but nothing-from-below” energy policy on oil and gas production on federal lands.
An article in today’s Wall Street Journal highlights new research performed by the University of Texas showing that America’s natural gas boom is here to stay. Advanced drilling techniques have allowed developers to tap into America’s vast shale reserves.
Over the last several weeks, the plug was pulled on two state-of-the-art coal projects in Texas that were projected to exceed $5.5 billion in private investment and create hundreds of jobs. The reason? The Obama administration's ongoing push for climate regulations that will effectively regulate coal, and thousands of coal jobs, out of existence.