All Entries Tagged With: "President Obama"
What’s Really Driving Obama’s Sudden Interest in Oil
By Keith Fitz-Gerald, Chief Investment Strategist, Money Morning U.S. President Barack Obama generated a lot of hubbub with his decision to open up parts of the Atlantic Ocean and Gulf of Mexico to oil drilling. We’ve all heard the criticisms that some of the geological surveys are as much as 30 years old, and the [...]
China, Europe Lapping the US in the Clean Energy Race
By Kerri Shannon, Associate Editor, Money Morning If the United States doesn’t take drastic measures to engineer new clean energy policies and investment initiatives, it will continue to take a back seat to China and Europe, which are driving the clean energy market toward a profitable future. Both clean energy companies and a skilled workforce [...]
Get Yer Drills Virginia
It’s no April Fools’ joke. The U.S. east coast is now officially open for drilling. Yesterday, the Obama administration announced comprehensive new regulations on offshore oil and gas drilling. Potentially opening some significant new acreage previously off limits to the petroleum industry. Under the plan, the outer continental shelf along the southern Atlantic coast will [...]
