oil and gas development
The potential impact of a Trump Administration on our federal public lands.
The federal government owns almost one-third of the land in the United States, primarily concentrated in the Western states. In addition, the federal government is the primary manager of the oceans off the coast of the United States (with the exception of oceans within three miles of the coastline, which are primarily under state authority). …CONTINUE READING
“There Will Be Blood” was the title of 2007 movie about an old-time oilman. If you were doing a similar movie about the situation today, you might call it, “There Will Be Tax Write-Offs.” The taxpayers have been generous to the industry. Oil companies get about $5 billion per year in favored tax treatment. Mostly, …CONTINUE READING
Romney plan relies heavily on a report from Citigroup. Even the Wall Street Journal was unsure about that report and said, “Whether the report proves prescient or just another starry-eyed fantasy remains to be seen.”CONTINUE READING
The Washington Post reports that Mitt Romney will announce a new energy plan centering on explosive increases in oil and gas development, combined with greater use of coal. I’ve read the staff briefing paper, and the Post’s account is an accurate summary: Mitt Romney on Thursday will outline a plan that he projects would achieve …CONTINUE READING
The fact is that even before the BP Oil Spill, the Gulf Coast and the Gulf of Mexico itself were under siege from damage to wetlands, a poorly regulated oil and gas industry, rising seas, an immense marine “dead zone,” invasive species, and damaged ecosystems.CONTINUE READING