Posts by David Biederman

Freedom is the Keystone to a Well-Oiled Economy

When I was fifteen years old, I was employed as a gas station attendant. The job was simple and honest. I would sit alone in a kiosk until a car drove up, at which point I would run out to my island of diesel, propane, and gasoline pumps. While I checked engine fluid levels, filled [...]

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Keystone: “You Can’t Build That”?

What if I told you that a transportation company had plans to expand into region where the majority of commuters were stranded? The project was entirely privately funded, the materials purchased, many of the contracts signed, and that the route plan and design was the most studied in history. Sound like a straightforward business decision? [...]

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The source of energy and jobs

As the stream of oil flows so does American prosperity. 

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US Oil Production is at 15-Year Highs, But Who Built That?

As President Obama has made a point of this election season, during his term US oil production has increased from what was considered a terminal decline just a few short years ago. (See my  previous article on the subject.) At the second presidential debate Mr. Obama stated: “We have increased oil production to the highest [...]

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Energy in the 2012 Elections

With the 2012 federal elections looming, the two parties are vying for voters. In Colorado this week, President Obama was promising an extension of the George H.W. Bush Administration’s tax credit to corporations who participate in the generation of power from wind stating,  At a moment when home-grown energy, renewable energy, is creating new jobs [...]

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U.S. Energy Companies: Forced to Show Their Cards

The United States is one of the rarest countries in the world where not only do private individuals own and profit from mineral rights, but the companies that produce and extract these minerals are privately owned and publicly traded. Throughout most of the world, the minerals beneath the earth’s surface are the property of the [...]

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Shale Revolution: In the News

Even with natural gas prices near ten-year lows, the Eagle Ford shale shows no sign of slowing oil production. It produced 27.1 million barrels for the first four months of this year, Texas Railroad Commission figures show, while Eagle Ford oil production for all of 2011 totaled 36.6 million barrels. “So we’re already 75 per- [...]

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Gas producer turns off the taps in response to moratorium

After years of fighting with local governments for permission to expand gas production, this producer has shut in its wells. “Lenape said it leases drilling rights on about 5,050 acres in the town, pays the owners $13,000 a year in gas royalties and provides them $65,000 a year in free gas.” With the wells shut in the town [...]

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The Frac’ing Truth

Land and business owners in Broome County, New York filed a lawsuit to lift a two-year ban on oil and gas drilling. They would like to benefit from the creation of jobs and prosperity. So would the members of two landowners’ coalitions representing over 1300 families who own a combined 31,000 acres. Lifting the ban [...]

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North Dakota’s Economic Stimulus

In North Dakota, a state with a 3% unemployment rate, the labor shortage is so great that businesses are now employing international students who have obtained four-month work visas. While many states with two or three times North Dakota’s unemployment rates are eagerly looking for government bail-outs and government-funded “stimulus” packages, North Dakota has embraced [...]

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