We’re barely into the new term of the 114th Congress, and already some Republicans are caving on taxes. Since when should the GOP be pushing tax increases? In the last few days, Sens. Orrin Hatch (R-UT), Bob Corker (R-TN), John Thune (R-SD), Jim Inhofe (R-OK) and Susan Collins (R-ME) have all signaled publicly [1] that…

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Late in the afternoon on Good Friday and preceding a holiday weekend, the Obama Administration quietly released its biggest news of the week: another delay in approving the Keystone XL pipeline.[1] Putting politics over pragmatism is starting to become a predictable pattern for this White House. What’s shocking is that the president is willing to…

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The U.S. apparently has more oil potential than previously thought. From the BBC: The IEA said it expected the US to overtake Russia as the world’s biggest gas producer by 2015 and to become “all but self-sufficient” in its energy needs by about 2035. The rise in US production means the world’s reliance on oil…

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In the last few years, almost every American has heard of “lithium.” However, who knew it was this important? From an article in 2009: Lithium-ion batteries are everywhere — in your phone, laptop, and by this time next year, maybe your car. The technology is slated for GM’s Chevy Volt, Toyota’s plug-in Prius, and electric…

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From the Washington Post’s “Wonkbook” comes three pieces of great news about America’s energy situation, from both political and economic perspectives. First, North Dakota may have three times as much recoverable gas, and twice as much shale oil, as previously estimated: Technological advancements have made the unconventional fossil fuels in North Dakota’s Three Forks formation…

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In yet another debacle for the taxpayer, a company contracted to receive a $500 million federal loan was found lacking in its ability to repay the loan or even construct the product the loan was for: Newly released documents show that the Obama administration was warned as early as 2010 that electric car maker Fisker…

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I’ve been out of the office for a couple of days, so I’ve barely heard about the oil spill in Arkansas. Fortunately, PBS Newshour is on the job: And not just any oil, a type of heavy crude called diluted bitumen, from the tar sands of Western Canada and similar to what the proposed Keystone…

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Can we stop subsidizing green energy, now? Please? The Energy Department’s (DOE) internal watchdog is attacking DOE management of a $1.5-billion stimulus program to help develop technology that captures industrial carbon dioxide emissions. An Office of Inspector General (IG) audit made public Tuesday examines $1.1 billion in funding for 15 projects. In the four years…

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Remember the Keystone Pipeline? Nebraska’s governor has now officially approved the revised pipeline’s presence in his state. This now puts a great deal of pressure on President Obama to finally approve the full pipeline. In case we’ve forgotten the details, The Heritage Foundation’s Nicolas Loris reminded us last week that Keystone’s thousands of jobs and…

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On Monday, CNN reported that 2012 had the highest gas prices on record. While energy demand is down for a variety of factors, this still means those who travel by car are being punished for Washington’s unwillingness to unleash the true strength of our energy market. Energy cultivation is a critical component to a prosperous, safe…

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