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February 2010 Archives

Virginia Is Ready for Offshore Drilling

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The Commonwealth of Virginia has signaled that it's ready for offshore energy development. This week the state Senate passed a proposal that provides a roadmap for the allocation of offshore energy royalties and revenues, devoting 70 percent to transportation, 20...

Energy Taxes: Connecting the Dots

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To understand the potential impact of the administration's proposed budget, one must be able to connect the dots. Simply put, one must be able to anticipate how a policy proposed by the federal government could eventually affect the average...

Shorter Leases Lead to Less U.S. Energy

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The Interior Department's Minerals Management Service (MMS) yesterday announced that it is shortening the lease terms for many offshore Gulf of Mexico oil and natural gas prospects. In a statement, MMS announced it would offer leases to energy companies...

Mark Levin: They Are Tax Deductions, Not Subsidies

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Whenever someone in government makes a major announcement, pay close attention to the words used and don't take them at face value. Here's a case-in-point: On Monday, White House Budget Director Peter Orszag said the president's proposed budget would...