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January 2009 Archives

The Story of Kern River

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Last week I had the pleasure of touring the Kern River field, which is one of America's oldest and most prolific oilfields. It was discovered in 1899 in California's San Joaquin Valley, and 110 years later, it continues to produce...

The President and Energy Policy

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As President Obama settles into the Oval Office on his first full day of work, many issues are waiting for his immediate attention. Two of the most important are the economy and energy policy.  What should President Obama do to improve the...

Where Your Dollar Goes

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Ever wondered where your gasoline dollar goes? More than 90 percent of it pays for the crude oil feedstock, taxes, and the expense of refining and transporting the gasoline to your local service station. The remainder--about 8 cents--is earnings, much of which is reinvested...