A third of America’s domestic crude oil – and most of the Gulf’s oil-comes from wells that are “deep water,” using the administration’s definition. The moratorium does not affect existing wells, but by freezing out virtually all new offshore wells, it will prevent some 200,000 barrels per day of output next year, and perhaps 340,000 barrels per day-20 percent of total U.S. production-by 2015, with the amount increasing every year after that.
Local Government
Let My People Go: Empowering Texans Through Disannexation Reform
The Texas Legislature can promote Texans’ right to self-determination consensual governance, and political representation by reforming the municipal disannexation process. Key points A more equitable disannexation process should be established for qualified voters to disassociate themselves from a municipality whenever they are no longer well-served by their city government. Current law permits property owners to...
March 28, 2023