Energy and Entrepreneurs

by Raymond J. Keating- A surefire way to make matters worse during a time of economic and political uncertainty is to impose additional governmental costs and controls, like higher taxes. And that includes taxes on imports – or tariffs. Three things have been clear about misguided trade policies over the past three-and-a-half years: ● First, […]

by Raymond J. Keating- The deep economic downturn we are experiencing obviously has resulted in a dramatic drop in energy demand. And that obviously manifests itself in a big decline in prices, such as the price of oil falling from $52.78 a barrel on February 20 to $22.76 on April 9. While there’s been a […]

by Raymond J. Keating- In previous blog posts and articles, I’ve noted the following about energy but it warrants repeating. Over the past century, there are two things one can count on in terms of energy. First, doom-and-gloomers will regularly predict that “the end is near” regarding energy resources. Namely, they predict that humanity faces declining […]

The Nation’s Small Businesses Have Contributed Significantly to U.S. Energy Independence by Karen Kerrigan– The United States leads the world in petroleum and natural gas production, and our entrepreneurs and small businesses have played a major role in this recent ascent to dominance. Energy prices have become more stable for small businesses, which means less […]

The Honorable Neil Chatterjee Chairman Federal Energy Regulatory Commission 888 First Street, NE Washington, DC  20426   RE: Federal Energy Regulatory Commission’s “Qualifying Facility Rates and Requirements; Implementation Issues Under the Public Utility Regulatory Policies Act of 1978” 84 Federal Register 53246 (October 4, 2019) [Docket Nos. RM19-15-000 and AD16-16-000] Dear Chairman Chatterjee, The Small […]

by Raymond J. Keating- The U.S. Energy Information Administration recently reported that U.S. natural gas production continues to hit new highs, and this despite the fact that the price of natural gas has been falling. So, how does that work? Simple: private investment in innovation and efficiency. The EIA noted: ● “U.S. natural gas production […]

by Raymond J. Keating- As reported earlier this year, first quarter 2019 real GDP growth in the United States came in at a solid 3.1 percent rate. Looking at the latest report on GDP growth by state, released by the U.S. Bureau of Economic Analysis on July 25th, we see that real growth in the […]

by Raymond J. Keating- It’s no secret that the U.S. economy has not exactly been a juggernaut since the Great Recession – in fact, one can argue since the start of the current century. But throughout the last near-15 years, energy has been a good news economic story. And that continued into 2018, as noted […]

by Raymond J. Keating- No matter the short term price changes and accompanying reactions in the market, the story of American energy production has been the most significant economic plus for the U.S. economy for some 13 years now. For good measure, while trade has been an area of policy indifference or troubling protectionism for […]

by Raymond J. Keating- Free and growing international trade is good news for American consumers, small businesses and workers – expanding opportunity, choices, competition and growth. Imposing barriers to trade, such as tariffs and quotas, achieve the exact opposite, including increasing costs and reducing opportunity. While there are seemingly countless examples of the benefits of […]