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Institute for Energy Research
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for the well-being of mankind
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New Poll: Americans Oppose Unfair Taxes 3 to 1, Want Domestic Production
A new survey released today by the American Energy Alliance (AEA) found that 77 percent of registered voters oppose efforts in Congress to tax American companies twice on income earned abroad. The poll also found that 3 out of 4 Americans agree that our energy companies should be allowed to continue offshore exploration for energy [...]
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Video: Voices of Those Harmed by Obama’s Moratorium
Dear Friends of American Energy, There is a new crisis in the Gulf of Mexico. On April 30th, the Obama Administration placed a moratorium on deep water drilling and exploration in the Gulf. This will cause widespread job loss for a region already reeling from the economic effects of the BP oil spill. The consequences [...]
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Ding Dong: Carbon Caps are Dead
WASHINGTON, DC – In response to news reports announcing the death of economy-destroying, job-killing legislation to cap carbon, Institute for Energy Research (IER) President Thomas J. Pyle released the following statement. “Over the last several years, Congress has repackaged, renamed and rebranded carbon capping legislation. Executives, lawmakers and lobbyists spent untold hours crafting backroom deals [...]
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The Cost of the Deepwater Moratorium
The Obama Administration’s moratorium on deepwater exploration and development will cost America 12,000 jobs and approximately $2.1 billion over the first six-months according to a new study by Joseph R. Mason of Louisiana State University. These costs are completely independent of the costs caused by the oil spill and cleanup. These are the costs of [...]
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Electricity Generation: Coal’s Share down in 2009, Lowest since 1978
In the electricity-generation market of 2009, coal generation had only a 44 .6 percent share, 3.6 percentage points lower than in 2008 and the lowest level since 1978 when it represented 44.2 percent of the market. Hydroelectric power, wind energy, and natural gas picked up most of the market share coal lost in 2009.[i] Higher [...]
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Congress Leaps Before It Looks With The Waxman “Blowout Prevention Act”
Henry Waxman (D-Hollywood), Photo by Flickr user Public Citizen The House Energy & Commerce Committee (E&C) — chaired by Representative Henry Waxman (D- Hollywood) — continues to work overtime to make energy harder to produce, more expensive, more imported and more rare. Using the tragic Gulf spill as justification, the committee unanimously passed the “Blowout [...]
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How Much Will Cap-and-Trade Cost You?
Dear Friends of American Energy, It’s déjà vu all over again in Washington, D.C. Similar to the health care battle, the Administration and its allies in Congress are working to pass legislation that the American people don’t want. This time it’s a national energy tax. Senator Majority Leader Harry Reid says that he will bring [...]
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Shouldn’t We Learn from Europe?
Europe has implemented Feed-In Tariffs. Shouldn’t We Learn from their Experience? Europe’s feed-in tariffs have led to higher electricity prices without having positive impacts on emissions reductions, employment, energy security, or technological innovation. In Spain, the feed-in tariff has helped create a rate deficit so great that it imperils the sustainability of Spain’s electricity system. [...]
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Another Rig Leaves the Gulf
Obama’s Offshore Moratorium Continues Killing Jobs in the Gulf The Obama Administration’s offshore moratorium is already sending jobs overseas. Last week, Diamond Offshore announced that it was sending the Ocean Endeavor rig from the Gulf of Mexico to Egypt. This week it announced that it was pulling the Ocean Confidence out of the Gulf of [...]
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IER Statement on the (Second) Obama Drilling Moratorium
Washington, DC – In response to today’s announcement on the new Obama drilling moratorium, Institute for Energy Research Senior Vice President Daniel V. Kish released the following statement: “This moratorium is nothing but a kick in the face to the hardworking men and women who have lost—and will continue to lose—their jobs as a result [...]
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