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Author Archives: Steve Maley
How Much Will It Cost to Repeal the ‘Oil Subsidies’?
This week, the Senate is set to consider the repeal of certain provisions of the tax code as they relate to the oil and gas industry. By styling these tax breaks as “subsidies”, the Administration and other opponents of the … Continue reading
Posted in Energy
Tagged Alternate Energy, Depletion, Energy, IDC, Tax Policy, Wood Mackenzie
4 Comments
Wasserman Schultz: ‘We’ve really concentrated’ on oil production
There was an undeniable uptick in U.S. oil production in 2009 and 2010. But new DNC chair Rep. Debbie Wasserman Schultz (D-FL) tried to take credit for it: Like I said, domestic oil production is at its highest point in … Continue reading
Posted in Energy
Tagged Credit Where Credit Is Not Due, democrats, Energy, Obama, Rep. Debbie Wasserman Schultz
4 Comments
‘Why does my gas cost $4.00 per gallon?’
Everybody is asking that question these days. The average nationwide price for all grades this week is $3.96/gallon; Californians are paying on average $4.26, the highest in the nation. Why does it cost so much, especially considering that the price … Continue reading
Apparently, Climate ‘Science’ Is Not A Two-Way Street
Tornadoes in Alabama and the South: Is Climate Change to Blame? The bottom line: It’s plausible that the warming of our planet could affect the frequency and intensity of tornadoes, though there’s little solid evidence to back up the claim. … Continue reading
Blast from the Past: ‘Remember $4.00 Gas? Just Wait.’ (Dec ’09)
From Vladimir’s diary, dated December 18, 2009: Remember $4.00 per Gallon Gasoline? Just Wait. Well, here we are, less than 18 months later. A little context: Gasoline prices (national average, all grades) peaked over $4.00 per gallon for a couple … Continue reading
EPA Ruling Kills Shell’s Plans to Drill Offshore Alaska
A ruling by the Environmental Appeals Board of the EPA has scuttled Shell Oil Company’s plan to drill its initial exploratory test in Alaska’s Chukchi Sea. This is at least the second time drilling has been deferred or delayed due … Continue reading
For My Good Buddy, Tim
Tim – Re: your youtube video: http://youtu.be/tUOuw-4NFsc I thought at first you were posting the “burning water” scene from Gasland. (Now *that’s* propaganda.) But instead it’s your attempt to debunk an educational video from the American Petroleum Institute which shows … Continue reading
Posted in Energy
2 Comments
Obama Appoints ‘Oil and Gas Price Fraud Working Group’. It’s About Time!
Because I’m sick and tired of giving away gas for almost nothing! As the graph below shows, the price of gas is languishing just above $4.00 per thousand cubic feet. I’m selling gas at 2/3 the price it was back … Continue reading
Posted in Energy
Tagged Energy, Fraud, Gas, gasoline, Obama, Oil and Gas, Oil and Gas Price Fraud Working Group
1 Comment
BP’s Macondo Disaster, One Year Later
On April 20, 2010, an explosion and fire on the Transocean drilling rig Deepwater Horizon caused the deaths of 11 rig workers. The subsequent blowout flowed uncontrolled to the Gulf of Mexico, ultimately spilling an estimated 5 million barrels of … Continue reading