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Author Archives: Steve Maley
Germany’s Plan to Nix Nukes: Macht Nichts!
Well, that didn’t take long. In late May, and in the wake of the Fukushima nuclear crisis, Germany announced that it would phase out nuclear power generation by 2022. Nine active nuclear sites currently supply 22% of German electricity. Another … Continue reading
Posted in Environment
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Who’s the Highest Paid State Employee in California?
That would be Dr. Jerry Rohlfing, a prison doctor who “has a history of mental illness” and whose treatment has been judged “substandard”. He’s currently working in the medical records office at the High Desert State Prison in Susanville, because … Continue reading
Lee Fang on Oil Speculation and the SPR
Summertime 2011, and “investigative journalist” Lee Fang of ThinkProgress has replaced the BP Spill in my blogging life. Fang’s amateurish attempts to find scandal in oil commodities trading have become my new blog fodder. Fang puts forward the half-baked theory … Continue reading
Posted in Economy, Energy
Tagged Commodity Futures, Conspiracy Theories, Contango, Crackpot Theories, Futures Trading, Lee Fang, Oil, Speculation, ThinkProgress
1 Comment
It’s Not Easy Going Green
It sounded like such a good idea. Back in 2009, NRG Energy Inc. hatched a plan to “go green” using switchgrass and sorghum as boiler fuel supplement. It was hoped that it might replace up to 10% of the coal … Continue reading
Posted in Energy, Environment
Tagged Alternative Fuels, Biomass, Green Energy, Green Jobs, Switchgrass
4 Comments
Strategic Petroleum Reserve to be Renamed “The Hope and Change Re-Election PAC”
You heard it here first. The International Energy Agency, a body whose membership parallels the G-20 and which is dominated by members of the EU, announced that it may consider releasing more oil from “its stockpile” (1.6 billion barrels, nearly … Continue reading
Posted in Energy, Politics
Tagged IEA, Obama Reelection PAC, SPR, Strategic Petroleum Reserve
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Why Did Obama Open the Strategic Petroleum Reserve?
On Thursday, the Department of Energy announced a release of thirty million barrels of crude oil from the Strategic Petroleum Reserve, the nation’s stockpile supposedly set aside for emergency supply disruptions. Washington, DC – U.S. Energy Secretary Steven Chu announced … Continue reading
Posted in Economy, Energy
Tagged Energy, IEA, International Energy Agency, Market Manipulation, Oil, SPR, Strategic Petroleum Reserve
3 Comments
ThinkProgress and Lee Fang vs the Evil Koch Brothers
While I claim no expertise, I do have a general understanding of how the oil market works, which is more than can be said for ThinkProgress “investigative journalist” Lee Fang. A series of articles (notably here and here) has convinced … Continue reading
Posted in Economy, Energy
Tagged Commodity Futures, Goldman Sachs, Koch Brothers, Lee Fang, Manipulation, NYMEX, Speculation, West Texas Intermediate
4 Comments
Republican Leadership Conference, Day 1
The speakers for Day 1 of the Republican Leadership Conference in New Orleans included luminaries such as Mike Huckabee, Michael Williams, and Ted Cruz, along with our own Erick Erickson. I’ll confine my remarks to the presidential candidates. Newt Gingrich … Continue reading
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