Taxpayer dollars may be funding the ‘war on coal,’as The Daily Caller reports:
Alabama Republican Sen. Richard Shelby is asking the Energy Department to investigate whether or not taxpayer funding to environmental groups may be going toward political activity aimed at lobbying Alabama state utility regulators to stop using coal power.
Shelby’s letter to the Energy Department comes after the Alabama Coal Association released data showing that the Energy Foundation, a San Francisco-based environmental group, has given more than $3 million to Alabama environmental groups in the last three years.
Jim Inhofe was right:
The media is now reporting that the White House delayed major environmental regulations until after the 2012 elections. This is all well and good, except that Oklahoma Republican Sen. James Inhofe made the very same findings more than one year ago.
Last year, Inhofe issued a report saying that the Obama administration was “punting” a slew of Environmental Protection Agency regulations into 2013, well after voters had hit the polls in November.
And Al Gore was wrong:
This wasn’t the only time Gore made his ice-free prediction. Gore’s been predicting this since 2007. That means that this year the North Pole should be completely melted by now.
Junk scientist Al Gore also made the same prediction in 2009.
Santa is in luck — Al Gore’s prediction that the North Pole would be ice-free by now never came to pass: http://t.co/rPfFwIiFsX
— Senator Ted Cruz (@SenTedCruz) December 16, 2013
Most of the green is in North Dakota, and that’s surprising. While the Bakken oil boom has been very good for the state, North Dakota isn’t the only place that has benefitted from shale oil/gas development. The Marcellus shale in Pennsylvania has been and continues to be a major play. The Utica Shale, the Eagle Ford, etc., etc. are all having major impacts on local and state economies across the nation.
It surprises me that there isn’t more green in those areas.
It also surprises me that South Dakota – which has had very little oil and gas activity – has nearly as many green counties as North Dakota. That’s a testament, I think, to South Dakota’s low-tax, low-spending approach to government.
SayAnythingBlog.com: Oil Tax Revenues Producing $40 Million Per Month For North Dakota Tribe
Back in 2008 then-Governor John Hoeven and the Mandan, Hidatsa and Arikara Nation (aka the Three Affiliated Tribes) signed a revenue sharing deal that opened the door to oil development on the Fort Berthold Reservation. Previously, due to a maze of tribal regulations and uncertain tax implications, there was almost no oil development taking place on the reservation. Today there’s a lot (roughly 1/3rd of all the oil produced in North Dakota). Earlier this year the legislature tweaked the agreement a bit to give the tribe an even larger share of the revenues.
Since the agreement was signed in 2008, oil development on the reservation has produced $315.3 for the Three Affiliated Tribes (and $445.4 million for the state), and according to this Associated Press report the tribe is taking in revenues at a whopping $40 million per month clip.
AmericanActionForum.org: North American Oil Boom Having Stabilizing Effect on Global Prices
The U.S. and Canada have increased their oil output by a combined 2.1 million barrels per day since 2005. Production from the six largest shale oil deposits in the U.S. increased output by 800 thousand barrels per day in the last year alone. Enabled by advanced technologies and a bullish exploration industry, North American production increased from 18 to 20 percent of global supply.
Growth in North American oil production is also a stabilizing force on global price signals. At the start of November, unanticipated supply disruptions, mostly from security-related incidents in Libya and Iraq, amounted to 3 million barrels per day. Disruptions of this magnitude typically lead to higher prices in the near-term, but the market is absorbing these supply constraints without a significant price response.