This week, the House of Representatives will continue its fight for jobs and American energy by passing H.R. 3409, the Stop the War on Coal Act.
The U.S. Court of Appeals for the D.C. Circuit yesterday struck down EPA’s costly Cross-State Air Pollution Rule, ruling the agency had acted in excess of its statutory authority.
Gas prices across the country are spiking. An article in USA Today warns 2012 is likely to be the costliest year ever at the pump, noting that the national average price for gasoline is up 30 cents since mid-July and is now higher than year-ago levels in 39 states.
OhioAmerican Energy, Inc., announced yesterday it would close its coal mining operations in Brilliant, Ohio. The company’s press release cites “regulatory actions by President Barack Obama and his appointees” as the “entire reason” for the mine’s closure.
Under President Obama, the issuance of economically significant regulations – those regulations that cost the economy at least $100 million annually – has increased significantly. In fact, according to OMB data, President Obama has issued, on average, 35 percent more economically significant regulations than the prior administration.
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.