Category: Energy and Oil

A Sustainable Renewable Energy Fantasy

Thanks to Seldon Graham for this guest article: Have you noticed how many movies are fantasies now?  The American public loves fantasies.  Fantasies sell at the box office.  Fantasies are popular.  Fantasies are also popular in other areas.  Fantasi… more »

Energy myths of the left

From confused "peak oil" theorists to confused Congressmen, it's all but impossible to hear a discussion of US energy policy without hearing the left's tired refrain: "The United States currently uses 25% of the world oil production but has only 2% of… more »

Liberal gas price hypocrisy

H/T Mike Floodstrand While I've explained a few times why the charge of hypocrisy is generally ineffective against liberals -- the short version being that since they don't run on the basis of principles, you can't chastise them for violating principle… more »

Brian Wesbury: The Greatest Speculators

My friend Brian Wesbury, in my view one of the best economists in America, offers this on-target analysis of "speculation" in oil markets: http://www.ftportfolios.com/Commentary/EconomicResearch/2011/4/25/the-greatest-speculators It’s as predictabl… more »

Keith Diamond: the folly of green-energy-based economies

Thanks to Keith Diamond for these thoughts... I just read the following article on Yahoo:  Portugal May Collapse.  I am amused because both Spain and Portugal were lauded by many media outlets for embracing so called green energy where almost 50% of… more »

Just say no to elitist gas tax arguments

Economist Robert Samuelson wrote an op-ed for Investors Business Daily (which ran on Monday) in which he called for a steadily increasing tax on gasoline.  I sent the following letter to IBD in response: Robert Samuelson's call for a gasoline tax becau… more »

My conspiracy theory of the day

I mentioned on my radio show the other day that the BP oil spill has all but disappeared from the news.  It's not because the well is plugged, though that's obviously a big deal -- the news had died down a fair bit before it was plugged. No, the main r… more »

The importance of sentence structure

While listening to an NPR news broadcast yesterday, the announcer talked about the latest failure of the Senate to pass legislation, this time legislation relating to oil and gas drilling, by saying that it failed due to "lack of bipartisan support." A… more »

It's not a commission; it's a Star Chamber

An article by Americans for Limited government entitled "The Commission to stop offshore drilling" and a WSJ piece called "The Antidrilling Commission" expose Barack Obama's so-called Commission as a technically worthless political tool which Obama will… more »

Breaking: Judge overturns Obama drilling moratorium

CNBC is reporting that a federal judge has overturned the Obama Administration's 6-month Gulf of Mexico drilling moratorium. It's a major political blow to Obama -- who has seemed to suffer many of those lately -- and a big win for the Gulf states whos… more »
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