THE BALANCE SHEET | November 08, 2011

Posted by & filed under The Balance Sheet.

Our weekly update to unravel the industry and political spin around the energy debate   IN CASE YOU MISSED IT HUNTSMAN GETS IT HALF RIGHT During a stump speech on the campaign trail, former governor and current Republican presidential candidate Jon Huntsman failed to address the facts of domestic oil and gas production. Huntsman didn’t… Read more »

THE BALANCE SHEET | Oct 25, 2011

Posted by & filed under The Balance Sheet.

Our weekly update to unravel the industry and political spin around the energy debate   IN CASE YOU MISSED IT NEXT API AND EXXONMOBIL WILL BE COUNTING LEMONADE STANDS The Washington Post’s Steven Mufson and Jia Lynn Yang looked at API’s questionable use of “induced” jobs in their claims of job creation. For instance, API… Read more »

Gingrich attacks oil and gas subsidies

Posted by & filed under Virginia.

At yesterday’s Iowa Faith and Freedom conference, former House Speaker Newt Gingrich called for a level subsidies playing field. He pointed out how politicians claim to be looking for every way to cut the deficit, but many in the GOP steadfastly refuse to touch the billions in tax dollars that go to oil and gas… Read more »

Hydraulic Fracturing undermining mortgages

Posted by & filed under Virginia.

Agreements to frack on private property could cause defaults and plummeting home prices. By Andrew Schenkel   For the more than one million Americans who have been offered cash for the right to hydraulically fracture their property, an investigation by The New York Times outlines their biggest fears: devalued property and potential defaults. Ian Urbina’s… Read more »

Having your cake and eating it too…

Posted by & filed under Colorado, Virginia.

Ted Zukoski at unEarthed compares the oil and gas industry to a hungry, angry baby in his blog post today examining Secretary Salazar’s and the BLM’s latest decision to protect Colorado’s Vermillion Basin while allowing drilling on the vast majority of lands in the area. “Meet the oil and gas industry in Colorado, the crybaby… Read more »