Russian President Vladimir Putin made headlines this week when he spoke out against shale development. In the grand tradition of everything Putin says, however, his newfound support of environmentalism is hardly trustworthy.Continue reading
In the seemingly never-ending quest to demonize oil and gas interests, the nation’s Native American tribes are often trotted out and held up as universally opposed to exploration. That’s not the case, as Western Energy Alliance President Kathleen Sgamma recently found out.Continue reading
For most of recorded history, the Arctic has been classified as no man’s land, a sprawling, icy desert inhabited only by creatures built explicitly for the task. In recent decades, however, cutting edge technology and drastic updates in transportation have turned the Arctic from an alien landscape into a potentially viable source of ever-important oil and gas.
Finally, a victory everyone can agree on.
In early September, U.S. Secretary of the Interior David Bernhardt announced more than $170 million in federal grants would be allocated to shore up the nation’s outdoor recreation areas and national parks. What’s more, the awards are set to come from the Land and Water Conservation Fund, a federal initiative funded entirely by offshore oil and gas leases.Continue reading
In recent weeks, a handful of timid investors have stirred up controversy in the oil markets by suggesting that the international price of oil was due to crash in the coming months. That prediction may prove true for some countries in the coming months, but the strength of the United States’ production power shows no signs of letting up or crashing down.Continue reading