Off-shore drilling rig
Dan Reed

Oil and Gas Success Brings Commercial Rotorcraft Industry Back to Life

After decades of hovering just above the level of irrelevancy – not to mention insolvency – the global commercial rotorcraft industry is entering a new golden era of design, production and sales thanks to the oil and gas industry. More specifically, the explosion in unconventional exploration from deep-water offshore platforms is the catalyst to this […]

Don't Frack with our Water
Dan Reed

Baker Hughes Set to Reveal Fracking Chemicals

Baker Hughes Inc. says it will become the first major oil field services company to stop ignoring the elephant in the room and begin disclosing all the chemicals it uses in its hydraulic fracturing operations. Rivals Schlumberger and Halliburton, the largest and second-largest service companies, respectively, have not yet commented on when, or whether they […]

American oil
Dan Reed

Can U.S. Crude Exports Ease Tensions in Europe? Maybe

Oil has been a central concern of U.S. foreign policy for nearly 50 years, but the role it plays might be in for a big change. The Russian expansionism of Vladimir Putin is putting Europe in an awkward position. The nations can either fight back and risk losing access to Russian oil and natural gas […]

Dan Reed

80 Years Later, Jones Act Impacting Energy Prices

Sen. Wesley Jones might have died 81 years ago, but he’s still making new enemies in the oil and energy industries and friends in the maritime industries. Thanks to Jones, propane sold in Houston can’t be shipped easily or economically to the frozen tundra of the Northeastern United States, where a remarkably hard winter has […]

Dan Reed

Keystone XL Decision Wrapped Up in Politics

Nineteen months and counting. The United States’ involvement in World War II – the greatest undertaking in the history of mankind – lasted 45 months. But it has been 64 months since TransCanada asked the U.S. government for permission to build a 1,179-mile long pipeline from northern Alberta, Canada, to Steele City, Neb. From there, […]

Dan Reed

Whew! We Dodged a Bullet There

It’s the end of the year, a time when journalists do a lot of looking forward to the year ahead and even more looking back at the major news stories, the big events, and the might-have-beens of the expiring year. One of those might-have-beens was the so-called Cap-and-Trade carbon emissions reduction plan. During the campaign, […]

Dan Reed

An Apology to Boone Pickens: Sorry, Your Plan Never Had a Chance

So there I was, riding along at 675 mph on a Gulfstream G550 at 30,000 feet, sipping on a Diet Coke and eating Cheez-its, when Boone Pickens leans over and asks me, “What do you think my plan’s chances are in D.C.?” True story. It was July 2009, and legendary oilman T. Boone Pickens had […]

Dan Reed

Europe Suffers Under Kyoto Treaties. Many Would Love for U.S. to Follow.

If you like the higher premiums and deductibles that many astonished Americans are discovering come with the implementation of the Affordable Care Act – a.k.a. Obamacare – you’ll absolutely love your power bill if/when the Obama Administration’s Europe-inspired energy policies ever take effect.

Dan Reed

U.S. Still Intoxicated by Magic Elixir Ethanol Policy

Beware the traveling salesman selling magic elixir from the trunk of his car. Congress should have taken heed of that back in 2007 before they passed the Energy Independence and Security Act. Among other things, the EISA sent the nation’s corn farmers on an unprecedented and environmentally dubious planting binge. It also enticed some big […]

Dan Reed

40 Years Later, Still Dependent on Foreign Oil

Forty years ago, I was a 15-year-old, mostly B-team high school football player. Good thing, too. All the weightlifting I had to do came in handy when, more times than I can count, I had to push my mom’s gas-less Plymouth the last block or two of the waiting line at the one gas station […]