Energy and Entrepreneurs

by Raymond J. Keating – Bad ideas in politics never seem to die. After all, socialism keeps rearing its ugly head. One of the latest bizarre ideas being kicked around Washington political circles is government imposing an export ban on petroleum products in an effort to fight high gas prices at the pump. Golly, could […]

by Raymond J. Keating- The economic realities of energy keep smacking politicians in the face. Yet, they still seem unable, or unwilling, to grasp those realities. After all, political pandering and wishful thinking are so much more fun. Consider what’s happening in Europe. Germany reportedly “has authorized the reactivation of 16 dormant coal- and oil-fired […]

In a Fox Business Op-Ed, SBE Council president & CEO Karen Kerrigan laments the pain that consumers and small business owners are feeling with regard to high gas prices. She lists five steps the Biden Administration can take to encourage energy production at home, which would help to lower prices both at the pump and […]

by Raymond J. Keating – There can be real and debatable foreign policy reasons for President Biden’s visit to Saudi Arabia later this week. However, the president has failed to offer anything concrete in terms of a vision for U.S. Middle East policymaking, never mind the conflicted message he offers on Saudi Arabia specifically. Is […]

by Raymond J. Keating – High energy costs are hitting consumers and small businesses hard. Unfortunately, rather than working in a productive manner to help alleviate these problems, President Biden and his administration actually are proceeding with a policy agenda that takes a bad situation and makes it even worse – now and in the […]

For Immediate Release                                                                   WASHINGTON, D.C. – Today, the Small Business and Entrepreneurship Council (SBE Council) announced the launch of a new initiative, building on its long history of advocacy on energy issues, which calls upon U.S. elected leaders to expand the nation’s energy supply to bring down the cost of energy. The Small Business […]

by Raymond J. Keating – The U.S. energy sector – namely, crude oil and natural gas – has experienced a breathtaking rebirth over the past 15 to 20 years thanks to innovations and technological advancements in the areas of hydraulic fracturing and horizontal drilling. The U.S. not only has seen a transformation in terms of […]

by Raymond J. Keating – The U.S. Energy Information Administration (EIA) recently noted that it expects “U.S. fossil fuel production to continue rising in both 2022 and 2023, surpassing production in 2019, to reach a new record in 2023.” Source: U.S. Energy Information Administration The EIA highlighted the following breakdown: “Of the total U.S. fossil […]

by Raymond J. Keating – Markets are forward looking. Elected officials would do well to keep this in mind when they rail against various industries, and threaten increased taxes and regulations. Indeed, while businesses, industries and the economy are undermined when taxes and regulations are imposed and the full costs of these government command and […]

by Raymond J. Keating – The story of U.S. energy production is a wondrous example of how technological developments can transform what many considered an old-line industry. Technological advancements – such as advancements in hydraulic fracturing and horizontal drilling – took the U.S. from seemingly being destined to rely more and more on foreign sources […]