Frackers Double Texas Oil Production

December 10, 2013

The Energy Information Administration (EIA) reports that Texas energy business produced 2.7 million barrels of oil in September—the highest volume since the EIA began tracking the data. Economist Mark Perry notes that “oil output has doubled in only 29 months” there; this is due mainly to advances in horizontal drilling. . . Continue »

Voters Have No Right to Violate Right to Frack

December 2, 2013

Voters in several Colorado communities recently elected to ban or severely restrict hydraulic fracturing (fracking)—a process by which energy producers have vastly expanded production of natural gas and oil—in their areas. (Of course, these voters continue to power their homes and automobiles using energy produced by fracking.) An editorial in. . . Continue »

Lithuanian Government “Muzzles” Chevron, Opts for Teeth of Russia

October 22, 2013

Twenty-three years after Lithuania declared its independence from the Soviet Union, Russia maintains considerable influence over the nation by controlling much of its energy. OJSC Gazprom, of which the Russian government is majority shareholder, provides Lithuania’s natural gas—which amounts to half of the country’s energy consumption. In an effort to. . . Continue »