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Member
U.S. House of Representatives
Along with my colleagues Reps. Tom Cole (R-OK) and Matt Salmon (R-AZ), I introduced the Fuel Choice for American Prosperity and Security Act (FCAPS, or H.R. 5107), a bill to promote fuel competition in our transportation sector. In particular, FCAPS aims to: Improve energy and national security by reducing the strategic importance of oil; Save consumers money at the pump by opening vehicles to fuel competition; Spur economic growth by allowing industry to capitalize on more of America’s natural resources; and Reduce the financial burden for automakers and consumers of meeting corporate average fuel economy (CAFE) regulations. Opening cars to… [more]
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Director, Stakeholder Relations/External Affairs
Brookhaven National Laboratory
Keystone XL has been called the world’s best known pipeline that has not been built. Controversy over the pipeline itself has largely subsided but this project linking the oil sands of Northern Alberta to the large refineries of the Gulf Coast has become a rallying point for an “off oil” campaign. A presidential permit for import facilities is the sole remaining requirement before construction can begin. KXL would be the 82nd major pipeline in the US, and is the safest and most technologically advanced. It would provide diluted bitumen from Alberta’s oil sands and Bakken crude from Montana and North Dakota to… [more]
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NRDC’s recently released report ranks states in two critical areas related to our nation’s continuing addiction to oil: gas price vulnerability – calculated as the percentage of personal income spent on gasoline by the average driver in each state – and state’s adoptions of solutions to reduce oil dependence. The report yields some conclusions: All states are impacted by oil dependence, but some states’ drivers are hit harder economically than others. The top 6 states most vulnerable to gas prices are Mississippi, West Virginia, South Carolina, Kentucky, Oklahoma and Texas, with the average drivers in these states spending 7.3-9% of… [more]
View InsightOn Thursday, June 14th the bipartisan House Oil & National Security Caucus — co-chaired by Rep. Jack Kingston (R-GA) and Rep. Eliot Engel (D-NY) — and OurEnergyPolicy.org hosted a fantastic panel discussion called Gas Prices & National Security. The panelists included former Director of Central Intelligence R. James Woolsey, American Enterprise Institute scholar Kenneth P. Green, and Bloomberg Government energy analyst Rob Barnett. What do you make of the panelists arguments? What is the relationship between gasoline prices and national security? Are national security concerns sufficient grounds to rewire America’s liquid fuels infrastructure?
View InsightGasoline prices have fluctuated dramatically in recent months, due in large part to political and economic events around the globe, such as the conflict in Libya and economic sanctions against Iran. This interplay of domestic gasoline prices and international events calls into question the relationship of the gas prices consumers face and America’s national security. OurEnergyPolicy.org is hosting an expert panel discussion to answer these questions today, Thursday, June 14th. Find more information about our event here. How have national security and gasoline prices impacted each other historically? How might they in the future? Is the interaction of gas prices and… [more]
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In a Yardeni Research blog post highlighted by an article in the New York Times, economist Ed Yardeni argued that rising oil prices “may actually be good for the best stocks and shares ISA market, up to a point.” This is due, in part, to energy sector companies like Chevron and Exxon making up more than 12% of the S&P 500’s market capitalization. Yardeni notes that since late 2008 there has been “a strong positive correlation between energy prices and the stock market.” If prices continue to rise, however, the odds of that positive effect lasting diminishes. “At some point,”… [more]
View InsightAddressing high gasoline prices at a February 23 speech in Miami, President Obama made a case for continued investment in fuel economy and alternative fuel sources like algal biofuels and natural gas. The U.S. cannot drill its way out of high gas prices, he said, adding that anybody who says otherwise “doesn’t know what they’re talking about or just isn’t telling you the truth.” [Fox News] “It’s the easiest thing in the world to make phony election-year promises about lower gas prices,” Obama said. “What’s harder is to make a serious, sustained commitment to tackle a problem that may not… [more]
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