Tag Archives: EIA

‘We can’t just drill our way to lower gas prices.’ Oh yeah?!

But you and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when consume 20 percent of the world’s oil. – Barack Obama, March 10, … Continue reading

Posted in Energy | Tagged , , , , | Leave a comment

‘We have more oil and natural gas than anyone thought possible even 5 years ago.’

The domestic oil and gas supply picture is better than it’s been in a generation, and it’s getting better every day. That’s not my opinion; it’s also the conclusion of Adam Sieminski, chief administrator of the Department of Energy’s Energy … Continue reading

Posted in Energy, Peak Oil | Tagged , , , , , | 1 Comment

Seriously, Sierra Club?

With the shale gas boom in full swing, gas prices are at 10-year lows. We have the realistic prospect of abundant domestic supplies of a clean-burning fuel for the foreseeable future, who doesn’t like natural gas? Ask the Sierra Club. … Continue reading

Posted in Energy, Environment | Tagged , | 7 Comments

‘Why does my gas cost $4.00 per gallon?’

Everybody is asking that question these days. The average nationwide price for all grades this week is $3.96/gallon; Californians are paying on average $4.26, the highest in the nation. Why does it cost so much, especially considering that the price … Continue reading

Posted in Energy | Tagged , , , , , | 3 Comments