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  • Oil and Gas in the Capitals


    Dr. Roger Bezdek

    It has been a momentous several months in the US: A sea change election in which an African-American was elected president for the first time, the Democrats significantly increased their majorities in the House and Senate, the energy market cratered, and the country faces the worst economic and financial crisis since the Great Depression of the 1930s. In November and December alone, the US economy lost over 1 million jobs, and things will likely get a lot worse before they get better. Superimposed over all of this is the prospect for radical change in US energy and environmental policies that will emphasize climate change issues and renewables, efficiency and “green” energy initiatives at the expense of fossil energy. President Obama has committed to the largest public works construction program in a half-century to resuscitate the economy, including a large-scale federal effort to create new-era “green collar” and clean energy jobs. As the recession deepens, the size of the stimulus program

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