Is the clock ticking for LNG exports?
Next week the Senate Energy & Natural Resources Committee plans a hearing highlighting the economic benefits of exporting natural gas, including promoting manufacturing and creating high-paying...
View Article“The greater the level of exports, the greater the benefits.”
At the Platts conference I mentioned in my last post, an Obama administration official was pressed to explain why the Energy Department is taking so long to process LNG export applications. His answer,...
View ArticleWhen it comes to trade, are rare earth metals any different from LNG?
The United States won a big victory for free trade this morning when the World Trade Organization upheld the U.S. challenge to China’s restrictions on the export of rare-earth metals. The Obama...
View ArticleIs the administration’s “ambitious trade agenda” ambitious enough?
The Obama administration has been talking up the benefits of exports this week. On Tuesday, Commerce Secretary Penny Pritzker noted that nearly one-third of the country’s economic growth since the...
View ArticleCalling forth the biofuel tides
Legend holds that King Canute once marched his royal entourage to the shores of the ocean. There, standing at the edge of the rolling breakers, he commanded the waves to stop. Canute knew that his...
View ArticleA tale of two studies on exports and the economy
In unveiling what it called its “All-of-the-Above” energy strategy last week, the White House highlighted a quote from President Obama saying, “We can’t have an energy strategy that traps us in the...
View ArticleThe verdict on NAFTA after 20 years
With experts and policymakers questioning the wisdom of government efforts to suppress exports of crude oil and liquefied natural gas, we are once more having a public debate on the merits of...
View ArticleMore LNG exports, more benefits to the entire country
A recent report by ICF International, a leading public and private sector consultant, adds a critical piece to the national debate over whether to restrict or allow exports of liquefied natural gas...
View ArticleWill the window of opportunity close for American companies?
“With respect to LNG exports, time is of the essence.” That was Marty Durbin, president of America’s Natural Gas Alliance, telling the Senate Energy and Natural Resources Committee that the Obama...
View ArticleAmerica’s energy abundance staving off a ’70s-style crisis
What difference is our nation’s newfound energy abundance making? Quite a bit, it turns out. Without the generous new supplies of oil and natural gas currently being supplied from shale and tight rock...
View ArticleHas it been five years already?
On his Carpe Diem blog, economist Mark Perry makes note of a looming deadline that should prove uncomfortable for the Obama administration. He points out (and as I have written about before as well)...
View ArticleA free trade tour de force
In recent memory, the case for free markets has seldom been made as forcefully or as eloquently as it was this week by Larry Summers. President Obama’s first director of the National Economic Council...
View ArticleThe State of Energy is Strong
http://www.exxonmobilperspectives.com/wp-content/uploads/2014/10/GHP-State-Of-Energy-Mp3.mp3 Click play to listen to Rex Tillerson’s State of Energy address Download the audio file here The Greater...
View ArticleLet’s talk trade
Commerce Secretary Penny Pritzker visited Seoul and Tokyo last week on a business development mission to promote trade in Asia and seek new opportunities for American businesses. A Commerce Department...
View ArticleThinking about energy density
Earlier today, I was in Washington with Bill Colton, ExxonMobil’s vice president of corporate strategic planning, to officially unveil our 2015 version of The Outlook for Energy: A Vision to 2040. The...
View ArticleCompelling arguments for exports
Momentum continues to build for allowing exports of crude oil from the United States. On Thursday a House Energy and Commerce Committee subcommittee took a deep look at a subject I have highlighted on...
View ArticleEmbracing a future of energy abundance
American Petroleum Institute president Jack Gerard delivered his State of American Energy address Tuesday in Washington to coincide with the opening of the new congress. The video is worth watching....
View ArticleAnother strong case for crude oil exports
Columbia University’s Center on Global Energy Policy made a valuable contribution to the oil-exports debate last week when it teamed up with energy and economic consultancy The Rhodium Group to publish...
View ArticleImproving infrastructure begins with clear and timely permitting
In Tuesday’s State of the Union address, President Obama didn’t explicitly mention Keystone XL. But in calling for a bipartisan infrastructure plan, he said we should “set our sights higher than a...
View ArticleObama administration highlights LNG export benefits
Among the more notable aspects of the recent Economic Report of the President is the enthusiasm it expressed for natural gas – particularly liquefied natural gas (LNG) exports. Even more extraordinary...
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