Free Republic

When my friend Rebecca in Highland Park, NJ, opened her PSE&G gas and electric bill last month, she almost fell out of her seat: It had tripled. It’s now costing her more than $1,000 a month to keep her modest home running. “It’s been creeping up for months, in spite of the fact that nothing about our house has changed,” she told me. “In years past, it was averaging about $300 a month.” “I don’t know how we’re expected to absorb these new bills,” she posted on Facebook. Her neighbor Felix Urman wondered the same as he ticked off his...

The Port of Baltimore is “closed until further notice” following the Francis Scott Key Bridge tragedy, sending several industries into disarray and jeopardizing national security. In 2023, the port handled a record amount of international cargo, ranked ninth for both dollar value and tonnage in the United States. Vital for both imports and exports of a variety of commodities, the Port of Baltimore has always had international significance and the impact of its closure will be wide-ranging and long-term for the supply chain in the United States and beyond. Given the seriousness of this issue, Congress must come together to...

Russian President Vladimir Putin has spelled out a nationalist rationale for his country’s military incursion into two restive provinces in eastern Ukraine largely controlled by Kremlin-backed separatists, but it is primarily about protecting Moscow’s energy interests. That was true in 2014, when Russia seized Crimea and I was a Moscow correspondent for the Wall Street Journal, for which I wrote dozens of stories about the insurgency in Donetsk and Luhansk that Russia helped foment. And it remains true now. To understand the Kremlin’s motivations in regard to its smaller, and relatively impoverished, neighbor, the key fact to know is that...

When you include oil shale, the U.S. has 1.4 trillion barrels of technically recoverable oil, according to the Institute for Energy Research, enough to meet all U.S. oil needs for about the next 200 years, without any imports.

Energy: A new study shows that our reluctance to develop domestic energy will cost the beleaguered U.S. economy trillions in opportunity costs, reduce our gross domestic product and increase our trade deficit. From trying to stimulate jobs in nonexistent ZIP codes at great expense to worshiping the false gods of climate change, our biggest deficit these days may be in the area of common sense. A new study shows that many of our wounds are self-inflicted as we forgo the wealth and jobs to be found in our waters and under our feet. The study by Science Applications International Corp....

You would think that this story is right out of science fiction. But the facts appear to be that the US Democrat-controlled Congress intends to destroy the Republican middle class with $11 per gallon gasoline. The Democrats’ base -- wealthy white “limousine liberals”, and very poor people -- won’t be harmed, but the families who live in suburbia will be devastated. The multi-millionaires like billionaire Senators John Kerry & Jay Rockefeller, financial speculator George Soros, filmmaker Michael Moore, and actors George Clooney & Meg Ryan can easily pay for their auto and private jet fuel. Poor people are forced to...

Socialism always plants the seeds of its own destruction, and state-owned oil is no exception...that about 90 percent of the world's liquid oil reserves are controlled by governments or state-owned companies. Exxon Mobil, the world's largest privately owned oil company, owns only 1.08 percent of the world's oil reserves, and the five largest private global oil companies together own only about 4 percent... There is enough liquid oil in the ground to last generations; and when oil sands and oil shale are included, there is enough oil to last centuries. If there were a truly free market in oil...the price...

IT IS common knowledge that oil and territorial issues spark conflict in the Middle East, but there is now growing alarm over the risk that water could be the catalyst for the next war in the region. Middle East nations record some of the highest birth rates in the world but have only 0.4 per cent of the world's recoverable water resources. Some 80 per cent of people in the region rely on water that flows into their country from at least one other. The potential for disputes over this scarce essential resource is obvious, a risk clearly illustrated by...

<p>Predictably, the recent rise in oil prices has the usual doom-and-gloom crowd, which has consistently been wrong for 30 years, saying once again that this proves we are running out of oil and that severe curbs on gasoline consumption must be imposed to preserve what little is left for future generations. They need not worry. There is growing evidence that oil is far more plentiful than we have been led to believe.</p>