China is looking to secure its foothold on Canada’s oil sands, an entirely unsurprising development as President Obama continues to ignore North America’s rich energy resources and delay construction of the Keystone XL pipeline. On Monday, China's state-owned Cnooc offered to buy the Canadian energy company Nexen, a significant player in the oil sands market.
In a recent press interview, EPA Administrator Jackson tried to blame the decline of coal electricity generation on the low price of natural gas, stating, "The problem for coal right now is entirely economic." Jackson is attempting to deflect blame for plant closures, job losses, and e
Natural gas production currently supports 1 million American jobs could support up to 1.5 million jobs by 2015 according to a new study released today by IHS Global Insight. This new employment analysis complements the firm’s December report on the economic impacts of U.S. shale gas production.
Today’s National Journal reports former Regional Administrator for EPA Region 6 Al Armendariz was in Washington, DC yesterday for a meeting with the Sierra Club. Late Tuesday afternoon Armendariz abruptly canceled his appearance at yesterday’s Energy and Power Subcommittee hearing, giving no stated reason for his change of plans.
The Wall Street Journal featured an editorial this week highlighting the Sierra Club’s well-organized attack on natural gas.
New information released this month provides us with a glimpse of what the future of electricity in America will look like as a result of President Obama’s regulatory reign: higher prices and threatened reliability.