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? What if I then told …
The source of energy and jobs
As the stream of oil flows so does American prosperity.
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 levels in 16 years. Natural …
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 in Colorado and Iowa, my …
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
The Industrial Manifesto
By Alex Epstein [This essay was originally published in two parts as “Go Industrial, Not ‘Green,’” at MasterResource.]In the wake of two recessions following two fleeting, largely service-sector bubbles—the dot-com bubble and the housing/financial bubble—America’s intellectual and political leaders are championing the need for industrial progress.The ubiquitous Thomas L. Friedman takes on the subject of industrial progress in his latest …