Preferred Alternative Identifies Research and Development as Appropriate First Step on Public Lands

Opens 90-day public review and comment period: To read the Draft PEIS click·here.
Washington, D.C. – The Bureau of Land Management (BLM) has published the Notice of Availability (NOA) of the Draft Programmatic Environmental Impact Statement (PEIS) and Possible Land Use Amendments for Allocation of Oil Shale and Tar Sands Resources on Lands Administered by the BLM in Colorado, Utah and Wyoming.  The publication opens a 90-day public review and comment period.

IER Statement on Administration's New Fracturing, Oil Shale Regulations

WASHINGTON D.C. — The Obama administration released today a draft of new Interior Department regulations regarding hydraulic fracturing that are designed to impose yet another layer of bureaucratic obstruction to full-scale development of America’s oil and natural gas resources.

Additionally, the administration released a plan to close public lands in Western states to oil shale development, effectively limiting access to a region that contain more than 1.5 trillion barrels of recoverable oil.

Newly proposed air pollution rules impose exorbitant costs for illusory health benefits

In December 2011, the Environmental Protection Agency released new Clean Air Act “National Emission Standards for Hazardous Air Pollutants.” Once again, EPA Administrator Lisa Jackson touted the supposedly huge benefits of controlling emissions of mercury (Hg) and other air toxics from U.S. coal- and oil-fired power plants (or electric generating units, EGUs).

There is perhaps no more controversial energy source after nuclear than "hydraulic fracturing," or "fracking," of subterranean shale deposits containing pockets of natural gas.  

While the process can liberate previously unusable sources of natural gas, political, environmental and scientific concerns have risen along with production, as evidence mounts that fracking is responsible for everything from polluting subterranean aquifers to causing regional earthquakes.

Powers Energy Investor Editor Bill Powers doesn't shy away from microcaps; he embraces them. In this exclusive interview with The Energy Report, he explains why triple-digit oil is here to stay and how the best-positioned companies will be sitting pretty when natural gas prices rise—as will investors who time the rebound right.

President Obama’s State of the Union address laid out his long-term economic recovery plans, which he claims will “work for everyone, not just a wealthy few.” That is, unless it is the pipeline construction business. President Obama’s politically intoned decision to reject TransCanada’s permit application to construct a 1,700-mile pipeline from Alberta, Canada, to Texas refineries last week sent a clear message that special-interest demands are more important than more energy and much-needed job creation.