Last week, Senator Mike Lee (R-Utah) wrote an op-ed titled, “A Victory for the American People Against the Export-Import Bank.” The “victory” being Senate Banking Committee Chairman Richard Shelby (R-Alabama) blocking a vote on the nomination of J. Mark McWatters to the export credit agency’s board. By blocking the nomination from a Senate vote, Sen. … Continue reading
Tag Archives: exports
We Have Bigger Issues than OPEC: Outdated Law Bedevils U.S. Oil Boom
When I recently visited Professor Robert Weiner at the George Washington University (GW), he was unimpressed by the flurry of speculation about Saudi Arabia’s response to falling global oil prices. Dr. Weiner, the chair of the International Business Department at GW’s School of Business, pointed out that Saudi Arabia doesn’t mind the lower oil prices and … Continue reading
A Permitting Change I Can Believe In
It’d hardly be a stretch to say that the Obama administration is on the wrong side of most energy issues. But when they get something right, we should give them credit. The US Department of Energy’s recent decision to require FERC approval before being awarded liquefied natural gas export licenses is a case in point. … Continue reading
Natural Gas Export…Shale we?
The Marcellus Shale is the name given to a geologic formation of sedimentary rocks, located in the North East of the United State of America. It is yet unclear on how much Natural Gas is contained in these rocks, however in 2012, the Environmental International Agency (EIA) estimated the unproved technically recoverable reserves to be … Continue reading
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