Oil & Energy News

The Obama administration’s Department of Energy has churned out a list of energy efficiency regulations before the next administration. Just since June, the DOE has set or initiated standards for dehumidifiers, ceiling fans, battery chargers, and wine coolers. At issue isn’t health or safety, or even unfair business practices. Through the DOE, the federal government is…

The recent decline in oil prices has squeezed the finances of nations whose economies are dependent on oil exports. Even wealthy producers such as Qatar and Saudi Arabia have been forced to cut government spending significantly. Although that means their citizens will receive less free stuff from the state, it just might lead to more…

Consumers are getting burned by a taxpayer-subsidized solar power plant in California’s Mojave Desert. An immensely wealthy consortium owns the plant. Government regulators approved a contract forcing consumers to pay four to five times the going rate for electricity produced by the plant. And the energy, because of an inordinate use of gas, turns out…

Xiuhtezcatl Martinez is not your typical teenager. The 16-year-old hip-hop artist and global warming activist with the nonprofit Earth Guardians has been dubbed the “anti-Bieber.” He “rallies supporters of every age and creed through school presentations, his unique brand of eco hip-hop, and heartfelt speeches,” according to the Natural Resources Defense Council. Xiuhtezcatl, from Boulder, Colorado,…

Since Congress lifted the long-standing ban on crude oil exports, U.S. companies are taking advantage and Americans are reaping the benefits. This example shows how free market reforms can transform the energy sector and provide a massive boon to consumers. In June, CNN reported that the U.S. reached a sevenfold increase in oil exports to…

The Obama administration is aggressively defending costly renewable energy initiatives for the Department of Defense. By forcing its political agenda onto the military, the Obama administration prioritizes inefficient renewable energy initiatives at the expense of U.S. military strength and taxpayers. These requirements mandate that the Department of Defense produce or procure “not less than 25…

Innovation is a wonderful thing but can also serve as a reminder of just how good we have it. Take the journey of the solar-powered plane, for example. The Solar Impulse 2 is an airplane powered by solar panels and uses batteries at night. In promotion of weaning the world off natural resources like oil…

The Senate will soon vote on a bipartisan energy bill. Introduced by Sens. Lisa Murkowski, R-Ark., and Marie Cantwell, D-Wash., the Energy Modernization Act illustrates the wrong approach Washington takes when it comes to energy policy. Proponents claim that the bill is non-controversial. But for those concerned about government interference in the energy sector, the…

The first shipment of American crude oil has reached European markets. This comes only a month after Congress took a big step toward a more sensible energy policy by terminating the crude oil export ban. The crude oil export ban, an antiquated and misguided regulation that dated back four decades, had tied the hands of oil…

It’s hard to take seriously an article with a contradictory title such as “The Conservative Case for Solar Subsidies.” The words “subsidies” and “conservative” do not belong in the same sentence together The words “subsidies” and “conservative” do not belong in the same sentence together when discussing energy policy, unless “eliminate” is in the mix….

Emanuel Lutchman was arrested Dec. 30 for his support of the Islamic State of Iraq and Syria (ISIS) and his planned attack New Year’s Eve in Rochester, N.Y. Authorities said Lutchman, a resident of Rochester, planned to attack a local restaurant/bar armed only with a machete, knives, and supplies to take hostages. This marks the…

Proponents of energy subsides argue that they are necessary for any number of reasons, such as business certainty, to stimulate the economy, to preserve jobs, to combat global warming, to compete internationally, and the like. But in the long run, subsidies actually hurt the very industries they’re supposed to help by disincentivizing innovation and making…

It’s deal-making time in Washington, and as end-of-the-year funding deadlines approach, lawmakers are scrambling to make sure their priorities and pet projects are funded. Policy riders—or statutory language that essentially puts policy parameters around the money Congress intends to spend—have long been an important part of the congressional spending process. A well-known rider, for example,…

The repeal of two costly federal restrictions would lower the price of gas by 31 cents a gallon and save a typical American family $247 per year. One of the restrictions is the ethanol mandate. Officially known as the “Renewable Fuel Standard,” it requires that massive amounts of corn be processed into ethanol, which is…