Bob McCarty Writes

Thanks to President Barack Obama, who seems to be doing everything he possibly can to destroy the nation’s fossil fuels industries, there may be a solar-powered, made-in-Japan, robotic rickshaw in your future.
The latest attack on “Big Oil” came today when Secretary of the Interior Ken Salazar used this news release today to announce his department [...]

[Read more →]

The pace of U.S. petroleum delivery declines continued to slow last month, according to the American Petroleum Institute’s Monthly Statistical Report, which noted the 2.1 percent year-to-year slip in overall petroleum deliveries (a measure of demand) was the smallest in a year and a half.
While distillate fuel oil (diesel and heating oil), along with jet [...]

[Read more →]

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 [...]

[Read more →]

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 [...]

[Read more →]

In a statement made during his appearance before members of the House Committee on Natural Resources Wednesday, Gary Luquette said he believes the oil and natural gas industry can assist the United States in the economic recovery process “by enhancing America’s energy security and by creating more jobs and more revenue for federal, state and [...]

[Read more →]