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Part three of our ongoing recap of the September 12 energy conference focuses on the panel which investigated the economic growth of the United States compared to the rest of the world. A video of the panel can be found by clicking on the title below.
The final panel before lunch was led by the Managing Director of Capital Alpha Partners, James Lucier. This panel made the point that arbitrary U.S. regulation hurts American competitiveness abroad. One of the featured speakers was Ken Hersh, CEO and Co-Founder of NPG Energy Capital Management, who emphasized the power of market and the ingenuity within the energy industry. With this in mind, Hersh suggested that the regulatory cycle often lags behind the industry cycle. Nevertheless, Hersh emphasized that there is always a role and need for regulation in the industry, especially to police bad actors. The recurring theme throughout the panel was that, although the U.S. is ahead of most of the world when it comes to oil and gas technology, implementation, and infrastructure, whether the country achieves economic growth and energy security depends on enacting the right balance of legislation that polices the industry in a predictable way, while allowing ingenuity and the private sector to thrive.
TARIFFIED: Trade Talk with Matthew Rooney
This week, trade relations between the U.S. and India are continuing to escalate. Earlier this month, the U.S. stopped granting India special trade privileges by taking away the Generalized System of Preferences (GSP) program, and India has responded by enforcing more tariffs of its own. The George W. Bush-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict: For more information on trade groups and the global economy, visit www.bushcenter.org/scorecard.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.
Bush Institute's Laura Collins Talks Immigration on Good Morning Texas
Last week, Deputy Director of Economic Growth at the George. W. Bush Institute Laura Collins spoke with Good Morning Texas about immigration myths. During the interview, Collins had the opportunity to set the record straight and address common misconceptions about legal immigrants living in America today. The segment was inspired from facts released earlier this fall by the Bush Institute in the third edition of America's Advantage: A Handbook on Immigration and Economic Growth. Watch the full Good Morning Texas interview here.