By Amy Harder Updated: January 18, 2012 | 6:06 p.m. In a decision that quickly re-ignited a fierce energy debate, the Obama administration on Wednesday rejected the controversial Keystone XL pipeline because the 60-day deadline imposed by Republicans did not allow adequate time to review an alternate route through an ecologically sensitive area in Nebraska. [...]

Canada and the U.S. trade economic places. Jan 18, 2012 WSJ Oh, for the bad old days, when Americans could poke fun at Canada for its economic policies. Nowadays, Canada has it all over the U.S. Take the contrasting political reaction to proposed pipelines to carry oil from Alberta’s oil sands. In the U.S., the [...]

By Bob Beauprez Published January 17, 2012 FoxNews.com The race for new-energy dominance is officially on. Earlier this month two of China’s oil giants, Sinopec and Cnooc, as well as Saudi Arabia’s state-owned oil company, Saudi Aramco, announced they would all seek to buy the same 30 percent stake in American hydraulic-fracturing-services firm Frac Tech [...]

Another election-year transformation. Jan 17, 2012 WSJ A re-election campaign is a terrible thing to waste, and this year’s race is already producing miraculous changes at the Obama White House: The latest example of a bear walking on its hind legs is the President’s new embrace of . . . natural gas from shale. Last [...]

Obama: It’s not doable unless it’s renewable By THE WASHINGTON TIMES The Washington Times Monday, January 16, 2012 No one should argue that President Obama underreaches. When the commander in chief says, “not in my backyard,” he doesn’t mean the South Lawn behind the White Housebut from sea to shining sea. The O Force has [...]

January 15, 2012 By Arash Irandoost In 2011 Congress pressured the Obama administration to take a tougher stance on Iran than President Obama has been willing, this time against Iran’s Central Bank. Publicly Iran remains defiant and claims that sanctions will have no effect. Privately, however, the regime is panicked and has mobilized its lobbyists [...]

By TAREK EL-TABLAWY AP Business Writer CAIRO January 15, 2012 (AP) Iran warned Gulf Arab oil producers against boosting production to offset any potential drop in Tehran’s crude exports in the event of an embargo affecting its oil sales, the latest salvo in the dispute between the West and the Islamic Republic over its nuclear [...]

Another government failure in political venture capital. Jan 14, 2012 WSJ Another day, another taxpayer-funded, green-energy failure. This month’s flop is Range Fuels, that former darling of green Silicon Valley, which a few years ago was boasting it would build the nation’s first commercial cellulosic plant, near Soperton, Georgia. More than $225 million later, Range [...]

Published January 13, 2012 Associated Press PHILADELPHIA –  Residents of a small northeastern Pennsylvania town at the center of the political fight over natural gas drilling struck out Friday when they tried to take their complaints directly to the head of the U.S. Environmental Protection Agency. A handful of residents-turned-activists from Dimock joined about 50 [...]

By Judson Berger Published January 13, 2012 FoxNews.com Senators from both sides of the aisle are warning that looming EPA regulations on gasoline could impose billions of dollars in additional costs on the industry and end up adding up to 25 cents to every gallon of gas.  The senators, in a letter this week to [...]