The more demand we can supply with U.S. energy, the better ... Yet federal policy seems headed in the opposite direction. Production has dropped 10 percent for oil and 31 percent for natural gas on government-controlled lands since 2010 and is off-limits entirely in 87 percent of federal offshore acreage.
The Department of Energy recently approved an application from Alaska LNG to export natural gas. But there's a catch: these exports can only go to nations where the United States has a free-trade agreement in place.
Charlotte-based Duke Energy has bought a 7.5 percent stake in the proposed $3 billion, 500-mile Sabal Trail natural gas pipeline that will run through Alabama, Georgia and Florida in order to supply the growing demand for natural gas in those states.
State regulators in both Carolinas have signed off on their first federal permits to allow companies to conduct seismic testing for oil and natural gas off the Carolinas coast - subject to some conditions.