Energy

Rail Transport is 99.9% Safe, by Robert L. Bradley, Jr.

Recent train crashes involving crude oil from the Bakken shale formation in North Dakota have led many to question the safety of transporting energy by rail. An accident in Casselton, North Dakota late last year and the derailment and explosion of oil railcars in Lac-Mégantic, Quebec last summer, have many concerned. Regulators have jumped into…

Obama’s New Budget Will Hamper Energy Job Creation

Jack Gerard

The oil and natural gas sector now supports 9.8 million jobs. Yet the Obama budget slaps it with $100 billion in new taxes over the next decade.By Jack Gerard President Obama just unveiled his FY2015 budget proposal.   His plan includes hefty new taxes on job creators. Much of this burden will fall on the…

A Real Jobs Plan for Obama: Halt Your War Against the Energy Industry

Private sector growth depends on a non-intrusive policy environment. And, unfortunately, this White House has decided to needlessly hamper the energy industry and choke off new job creation.By Drew Johnson The new national jobs report is brutal. The economy only created 74,000 positions last month. That’s well under the rate of population inflation. And about…

The Cost of Murky Carbon Calculations

The ‘Social Cost of Carbon’ – A Hidden Tax     By Robert L. Bradley Jr. Energy firms and academic researchers recently petitioned the White House to reconsider the “social cost of carbon” (SCC), a new input to justify new and costlier federal regulation. Don’t feel bad if you have never heard of this term; it…

Sensible Policy Should Decide Carbon’s Potential by Mike Duncan

In the op-ed below, Mike Duncan, CEO of the American Coalition for Clean Coal Electricity argues that the regulations President Obama wants to levy on coal power could cost the energy industry $200 billion, while eliminating 550,000 jobs per year. In her first remarks as head of the Environmental Protection Agency (EPA), Gina McCarthy pledged…

Boston area consumers pay more for energy

The New England Information Office of the U.S. Bureau of Labor Statistics (BLS) has released price data for select energy commodities and services from the Boston Consumer Price Index (CPI) for August 2013. The CPI program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and…