Category: Energy and Oil

Analysis: Economic Impact Analysis of Gulf of Mexico Moratorium

H/T Americans for Limited Government The Louisiana Mid-Continent Oil and Gas Association has released a brief assessment of the impact of Barack Obama's ill-conceived Gulf of Mexico drilling moratorium.  You can (and should) read it HERE. A couple of… more »

Notes from today's House of Representatives hearings about BP

Please see my blog note for American Spectator discussing, among other things, Rep. Joe Barton (R-TX) apologizing to BP for the Obama "shakedown". http://spectator.org/blog/2010/06/17/the-law-of-obama more »

BP news and trading recap from Wednesday

I've been trading BP options lately.  I made a mistake yesterday by selling calls early in the day, essentially betting that the stock wouldn't have a substantial move upwards.  Given that BP execs were going to meet with the president and that there was… more »

Obama tries to sell Gulf (snake) oil

For today's reading, may I suggest my article for Human Events about President Obama's prime time speech last night regarding the Gulf oil spill.  Clearly, the man has adopted Rahm Emanuel's exhortation not to let a crisis go to waste. See "Obama Sells… more »

Gulf spill: now Obama truly has something to answer for

H/T Erick Erickson I've written on these pages and elsewhere that the mess in the Gulf is not Obama's fault and that most of the damage his reputation has taken has been due to his stupidly taking responsibility for a situation which is out of his cont… more »

Bringing BP to justice

Many of you may have noticed that yesterday was the first weekday I've not posted a blog note in several years.  It actually felt great to have the day semi-off, although my lack of writing was due to an insanely busy schedule as I'm traveling to/near DC… more »

Democrat Keystone Cops look to retroactively raise oil companies' liability caps

In just the latest example of government-by-overreaction, the Obama Administration and their mindless Democrat allies in Congress are looking to pass legislation raising the liability caps for oil companies involved in "catastrophic" events from $75 mill… more »

White House (unnecessary) P.R. panic over Gulf of Mexico oil spill

Yesterday, the Politico had an interesting story entitled "White House in P.R. 'panic' over spill". It's an odd story and I find fault with most of it, though maybe not in a way most readers of these pages might expect. The article starts off with th… more »

BP! BP! BP! (boot on neck of...) BP!

In his statement following his weather-thwarted attempt to view the enormous oil slick growing in the Gulf of Mexico, President Obama repeated his leading theme about the potential disaster: It's BP's fault and BP will pay the cost of the cleanup. Repe… more »

Interior Department Approves Construction of Controversial Offshore Wind Farm (in Massachusetts)

Guest blog note by Greg StaffI just love that Ken Salazar has approved a monstrous financial and environmental boondoggle, as reported here: http://www.bostonherald.com/business/general/view.bg?&articleid=1250784&format=&page=1&listin… more »
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