The US should be less hesitant to use its expanded geopolitical influence after changing from a nation relying increasingly on oil and gas imports to one poised to be a major exporter, Manhattan Institute Senior Fellow Mark P. Mills said.
Three months since the U.S. lifted a 40-year ban on oil exports, American crude is flowing to virtually every corner of the market and reshaping the world's energy map.
"The decision appeases extremists who seek to stop oil and natural gas production which would increase the cost of energy for American consumers and close the door for years to creating new jobs, new investments and boosting energy security..."
The proposed offshore leasing program being released Tuesday eliminates the administration's initial plan to auction off drilling rights in as many as 104 million acres of the mid- and south-Atlantic in 2021...
South Carolina is projected to see the second highest levels of spending, employment and gross domestic product if Atlantic offshore oil and natural gas resources are developed.
National Ocean Industries Association President Randall Luthi issued the following statement supporting the Atlantic Offshore Energy Caucus's call for DOI retention of proposed Atlantic lease sale:
The first international shipment of liquefied natural gas in decades from the Lower 48 states is poised to leave for Brazil from Louisiana.
Inside the oil tanker was a cargo that some on Capitol Hill had dubbed "Liquid American Freedom" -- the first U.S. crude bound for overseas markets after Congress lifted the 40-year export ban.
When it comes to the energy-environment discussion that will continue to dominate the world, our most fundamental reality isn't debatable: the world has JUST STARTED to use energy.
Hydraulic fracturing's safety record is so good that not even a study funded by an anti-hydraulic fracturing foundation could find evidence that it contaminates drinking water.
