By Phillip Gonet

The reality is that the US runs mainly on oil and that won’t change any time soon. What we need to do is change where that oil comes from by adding new transportation fuels to the mix to ultimately reduce our dependency on foreign oil. More...

As Democrats Delay Action on gasoline prices, US Senator Pete Domenici and 13 of his Republican colleagues asked the US Energy Information Administration (EIA) to analyze the impacts of a bill they introduced to dramatically increase domestic production.

The American Energy Production Act (S.2958) introduced by Domenici, US Senate Republican Leader Mitch McConnell (R-KY) and 18 other GOP Senators, could produce up to 24 billion barrels of oil or enough to supply the US for five years with no foreign imports by expanding production offshore and in Alaska. The bill will also make billions more barrels of fuel available through the development of oil shale and CTL technologies. More...