Energy and Entrepreneurs

August 12th, 2016 by

  by Raymond J. Keating- The price of oil (WTI) declined from a recent high of about $107 per barrel in June 2014 to $42 at the end of last month. Meanwhile, natural gas prices (Henry Hub natural gas spot price – dollars per million Btu) dropped from $6.55 in February 2014 to $2.85 late […]

August 4th, 2016 by

by Raymond J. Keating- The U.S. natural gas story has been an incredible tale of entrepreneurship, private investment and innovation transforming an industry. Thanks to advancements in areas like horizontal drilling and hydraulic fracturing, the U.S. over the past decade or so has risen to become the world’s largest natural gas producer. And even with […]

July 28th, 2016 by

by Raymond J. Keating- An “all of the above” energy policy, unfortunately, seems hard to find in the Democratic Party’s platform. The focus is on taxing and regulating our most valuable energy resources, namely, oil, natural gas and coal, while providing taxpayer subsidies for wind and solar power. Consider 5 key points from the Democratic […]

July 22nd, 2016 by

  by Raymond J. Keating- The story of energy production in the U.S. over the last decade-plus has been nothing less than astounding. In the private sector, investment and innovation has unlocked vast resources of oil and natural gas. As a result, the U.S. now ranks as the world’s largest producer of natural gas, and […]

July 18th, 2016 by

Should New Jersey Jack Up the Gas Tax? by Raymond J. Keating- SBE Council’s “Small Business Policy Index 2016” ranks the 50 states according to 50 different policy measures, including a wide array of tax, regulatory and government spending and performance measurements. SBE Council’s “Small Business Tax Index 2016” ranks the states according to 25 […]

July 14th, 2016 by

by Raymond J. Keating- It’s one of the great ironies of the economics discipline: Entrepreneurship, invention and innovation are essential to economic growth; yet at the same time, the presumably elegant statistical models that economists rely on have no way of accounting for the results of entrepreneurship, invention and innovation. We see this at work […]

June 28th, 2016 by

by Raymond J. Keating- Electricity often is a significant cost for small businesses. And these costs vary considerably state by state, thereby affecting the competitiveness of individual enterprises and industries, the well-being of workers and consumers, business and investor decisions, and the overall well-being and competitiveness of a state’s economy. Consider where each state ranks, […]

June 23rd, 2016 by

Regulatory Hurdles Obstructing Energy Abundance By Karen Kerrigan- Speaker Ryan’s (R-WI) “Reducing Regulatory Burdens” Task Force  outlined concrete solutions to make the rulemaking process more transparent, accountable, and scientifically sound.  One area of focus in the task force’s white paper, released last week, is the oil and gas industry.  This sector has endured nearly 8 years […]

June 17th, 2016 by

by Raymond J. Keating- Over the past decade, there have been far too few good news stories when it comes to the U.S. economy. However, even with some setbacks recently given price declines, the oil and natural gas story has been overwhelmingly a positive economic story. For example, the U.S. now ranks as the world’s […]

June 11th, 2016 by

by Raymond J. Keating- On a vote of 237 to 163 on Friday, June 10, the U.S. House of Representative approved H.Con.Res. 89 that “Expresses the sense of Congress that a carbon tax would be detrimental to American families and businesses and is not in the best interest of the United States.” The Negative Impact […]

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