Energy and Entrepreneurs

by Raymond J. Keating- The U.S. economy, including small businesses and consumers, derive enormous benefits from international trade on the energy front, and policymakers need to appreciate this economic fact of life and not undermine such trade with misguided measures, including any undermining of free trade with Mexico and Canada via NAFTA renegotiations. The U.S. […]

by Raymond J. Keating- On January 4, U.S. Interior Secretary Ryan Zinke announced the Trump administration’s plan to significantly expand offshore drilling opportunities. That’s good news for the U.S. economy, energy leadership and small businesses. Over the past dozen years, the U.S. has been transformed into the world’s largest energy producer. That occurred thanks to private-sector […]

by Raymond J. Keating- The U.S. energy story has been strikingly positive for some dozen years, including in 2017, and that looks to continue in 2018. That’s good for small business. This energy story has been particularly noteworthy given that this stretch covered the Great Recession and the subsequent poor recovery/expansion period. Consider that U.S. […]

by Raymond J. Keating- The U.S. Senate-passed “Tax Cuts and Jobs Act” would allow for oil and natural gas production in the Arctic National Wildlife Refuge (ANWR). That would be a clear positive for the state of Alaska, for small businesses, and the economy. In a joint statement released by Alaska’s three Members of Congress – […]

by Raymond J. Keating- A new study serves up details on the economic contributions from a good news sector – that is, the oil and natural gas industry – during a period when the overall economy has under-performed. PricewaterhouseCoopers LLP authored Impacts of the Natural Gas and Oil Industry on the U.S. Economy in 2015 […]

Comments on Reducing Regulation and Controlling Regulatory Costs Re: Regulatory Burden Reduction RFI Submitted to the U.S Department of Energy   Raymond J. Keating Chief Economist Small Business & Entrepreneurship Council   On behalf of the Small Business & Entrepreneurship Council (SBE Council), I am writing on the matter of reducing unnecessary regulation and controlling […]

By Karen Kerrigan- On June 29 at the Department of Energy, President Trump’s cabinet members and key advisors touted important steps the Administration has taken, and will be taking, to leverage our nation’s technological know-how, vast natural resources, and human capital to drive the next era in American energy – one that President Trump says […]

Major energy sectors in our economy are overwhelmingly populated by small businesses. by Raymond J. Keating- President Trump has identified the week of June 25th as an opportunity to focus on policies meant to unleash American energy. The Administration wants the U.S. to move from energy independence to global dominance. Make no mistake, unleashing American […]

Small businesses overwhelmingly populate key energy sectors, and the positive news and policy trends will continue to fuel growth by Raymond J. Keating- In an April analysis, SBE Council noted recent reports spelling out some good news on the energy front thanks to investment and innovation in that sector. Since that analysis, there have been […]

  by Raymond J. Keating- The previously unfathomable revolution experienced over the past roughly dozen years in the U.S. energy sector has been all about investment and innovation. Indeed, it’s private entrepreneurship, investment and innovation that has taken the U.S. from assuming extensive energy dependence on other nations to being the globe’s top petroleum and […]