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Energy Myth
Myth: Raising taxes on U.S. oil and natural gas companies will lead to America being less dependent on foreign oil and encourage use of alternative sources of energy.
Fact: Historically, higher taxes have resulted in less domestic energy – and restrained supplies often lead to higher energy costs for consumers. In today’s economy, that could stifle a recovery and make Americans more dependent on foreign oil and natural gas. New taxes will make it more expensive for oil and natural gas companies to initiate traditional and alternative energy exploration and development programs, putting our nation further behind in the race for more energy.
Energy Events
Energy Forum News
Energy plays key role in Obama's State of the Union
For the third year in a row energy played a central role in President Obama's State of the Union address, with the president leaning hard this year on the twin themes of increased domestic oil and gas production and the need to invest more in renewable sources.
President says no to Keystone
Alaska's Senators disagree with Presidents Keystone XL pipeline decision.
state department blocks keystone
State Department blocks keystone pipeline
President Obama rejects Keystone
Obama administration rejects keystone xl pipeline
Oil producing states leading nation out of recession?
Are Oil producing states leading the nation out of a recession?

