Gasoline prices, like prices of any commodity, are determined by many factors including supply-and-demand, government policy and even the weather. Gasoline is unique, however, because it is very nearly the only energy source used in transportation. Its monopoly on transportation amplifies the impact its price has on the economy. Low gas prices translate to more … Continue reading
On September 16, University of Texas Austin released a study showing that shale gas production releases fewer methane emissions than previously thought. If true, the study’s findings could swing the debate over hydraulic fracturing—a technique used to extract gas from shale formations—in favor of the natural gas industry. In the last five years, developments in … Continue reading
Shale gas discoveries has proliferated in the United States as hydraulic fracturing and horizontal drilling, a relatively new technology, has allowed an efficient way to extract shale gas, producing a cheaper and cleaner source of energy than coal. The shale gas boom happening in the United States which has resulted in an economy-boosting decrease in gas prices … Continue reading
Since we can’t stop using energy, it’s necessary to use as clean a form of energy as economically and sustainably possible. I’ve already mentioned power sources with potential and likened them to pop stars in the press. Here’s a few more alternatives: A pop star with country roots but a less wholesome trajectory is Miley … Continue reading
“The regime does not believe it can win a war against the United States,” says Trita Parsi, but “it does believe it can survive it. It does not believe, however, that it can survive capitulation on the nuclear issue.” Dr. Parsi, President of the National Iranian American Council, argues that the regime in Iran is … Continue reading
If Keystone XL is the Kim Kardashian of energy, what is Taylor Swift? Obviously Miss Swift is natural gas. Media and music darling, Taylor Swift (aka T-Swift) has spent the last few years cultivating the perfect image: “The patriarchy-friendly, virginal, good, pure, feminine, pretty blonde girl that has been an American ideal for decades,” says … Continue reading
Last Tuesday, President Obama gave his climate change speech at Georgetown University, addressing one of the more controversial environmental issues: the increasing amounts of carbon pollution being produced from our power plants, and the lack of regulations on them. During his speech, Obama noted that there were absolutely no limitations on coal-fired power plants, allowing … Continue reading
On Wednesday, President Obama gave a speech at Georgetown University announcing a new climate change policy. The announcement fulfills a promise he made in his State of the Union Address to move forward with executive regulation if Congress failed to act on climate change. It also makes good on his promise to bankrupt the coal … Continue reading
5. Overlapping Renewable Energy Subsidies. Senator Tom Coburn (R-Okla.) estimates that redundancies in government spending alone amount to roughly $250 billion. That’s three times the cost of sequester cuts. Right now 23 agencies and 130 sub-agencies are in charge of some 679 renewable energy initiatives, according to the Government Accountability Office. One would think with … Continue reading
The Bipartisan Policy Center recently hosted an event discussing the geopolitical impacts of the US’s recent tight oil boom. Tight oil, or shale oil, production has increased with the expansion of hydraulic fracturing technology used to access shale gas from shale or sandstone formations. Amidst the rallying cries of a “qualified abundance” instead of a … Continue reading
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