Tag Archives: obama
Broken Promises and Millennial Despair
President Obama released his Fiscal Year 2013 Federal budget this week and one of the big headlines is that he is seeking to end the tax benefits received by the oil and gas industry. This is not a new effort. … Continue reading
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Offshore Drilling: How big of a role will it play?
Because most of the “light” crude oil that has been discovered in the United States has already been drilled and refined, other options must be explored for domestic production. Offshore drilling has emerged as another option, and it looks like … Continue reading
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Coal’s Hidden Cost in the Billions
A study ordered by Congress says the burning of fossil fuels costs the U.S. $120 billion annually and declares coal the biggest single source of such external expenses. But the damages are likely to be even higher. The study conducted … Continue reading
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Obama’s Nuclear Plan
The Obama administration this week unveiled its plan to “jumpstart” the U.S. nuclear power industry by awarding U.S. government financing for nuclear reactors. Under the plan, the Department of Energy will provide $8.33 billion in loan guarantees to Southern Company … Continue reading
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Is Nuclear the Solution?
Since it has become trendy to be ‘green,’ talk of reducing greenhouse gases, eliminating carbon emissions, living sustainably, and getting off coal and imported oil has been on the rise among everyone from college professors to hippies for years now. … Continue reading
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