Bob McCarty Writes

According to the folks at Overthinkingit.com, the decline in U.S. oil production is explained by the Hubbert Peak Theory, which states that “the amount of oil under the ground in any region is finite, therefore the rate of discovery which initially increases quickly must reach a maximum and decline.” Makes sense, right? Further, [...]

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Almost nine months ago, I published a post about an offshore drilling record being set in the Gulf of Mexico.  Today, thanks to a heads up from Jane Van Ryan at the American Petroleum Institute, I bring news of the Discoverer Clear Leader, a new state-of-the-art vessel is capable of drilling wells in 12,000 feet [...]

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American Petroleum Institute President Jack Gerard issued back-to-back statements today related to the American Clean Energy and Security Act of 2009.
About the Congressional Budget Office cost estimate on the measure, Gerard said the following:
“The study confirms the bill discriminates against ordinary Americans who depend on cars, trucks, trains and airplanes and will [...]

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President Barack Obama has put America into the hands of “environmental radicals.” It is only a matter of time before “his vast popularity runs aground on his energy policies,” according to Jon Basil Utley, writing in a Reason magazine column.

“In the name of saving the planet from global warming, [Obama] has delayed new oil drilling, [...]

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The non-partisan Reform Institute’s National Energy Symposium drew more than 45 corporate executives, policymakers and industry experts to Washington, D.C., Tuesday to openly discuss the nation’s energy, environmental and economic challenges.  It appears, however, that representatives of the nation’s largest oil and natural gas exploration and production firms (a.k.a., the “fossil fuelers”) were strangely missing [...]

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