Oil and Gas

The oil and gas industry is consistently one of the three most hated industries, yet its products make possible everything from plentiful food to life-saving plastics to unforgettable vacations.

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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Power Hour: Mark Mills on the Future of Energy

This week’s Power Hour features Mark Mills, co-author of the influential energy book, “The Bottomless Well”. Alex and Mark discuss his latest article on “Unleashing the North American Energy Colossus: Hydrocarbons Can Fuel Growth and Prosperity”. Topics include: Potential North American growth of coal, oil, and natural gas industries The attack on hydraulic fracturing The […]

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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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Power Hour: Frac’ing 101 with Mukul Sharma

This week on Power Hour, Alex interviews one of the world’s leading experts on frac’ing, Dr. Mukul Sharma. Dr. Sharma has written numerous publications and conference proceedings, including pieces like “Hydraulic Fracturing: Facts and Myths”. If you’ve ever been unsure about what frac’ing really is, you have got to check out this week’s Power Hour. Here […]

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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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Obama is Restricting the Flow of Natural Gas

The shale gas revolution has delivered Americans inexpensive energy. As the chart below shows, the Henry Hub spot price for U.S. natural gas is many multiples lower than what Europe and Japan pay for this vital energy. ycharts.com

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Bryce and Epstein Refute America’s “Addiction to Oil”

The latest installment of The Best of Power Hour features an excerpt from our February 2011 show with Robert Bryce, the leading free-market energy author today. We discuss the difference between trade for oil and “dependence” on foreign oil, and what’s wrong with the expression “addiction to oil.” [audio: http://industrialprogress.net/wp-content/uploads/2012/05/Bryce-Epstein-on-Addiction.mp3] Download and Save: Is America […]

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What exactly are oil reserves? The answer may surprise you

We talk all the time about oil reserves–how much of them America has, how much the rest of the world has–but what are they, exactly? On this installment of “The Best of Power Hour,” oil economist Michael Lynch gives a great introduction to oil terminology. [audio: http://industrialprogress.net/wp-content/uploads/2012/05/ML-What-Are-Reserves.mp3] Download the Best of Power Hour–What are oil […]

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Mark Ruffalo: Be an Avenger for Fracking

Dear Mark Ruffalo, As an energy researcher I am disappointed that you are using the media attention over your new Avengers movie to attack “fracking”–the revolutionary technology that uses controlled explosives high-pressure water jets to fracture once-useless rock formations so as to release bountiful oil and natural gas. I have no objection to celebrities getting […]

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