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Category Archives: Economy
Senator Warren knows better than Presidents Nixon, Ford, Carter, Reagan, Bush I, Clinton, Bush II, and Obama
U.S. Presidents from Nixon through Obama repeated it like a mantra: “America needs to reduce our dependence on foreign oil.” Jimmy Carter called the energy crisis “the moral equivalent of war.” Even President Obama, no fan of oil and gas, … Continue reading
Royalty: It’s Not Just for Royalty Anymore #fracking
A recent article in the New York Times considered disparity of income distribution in the U.S. An attached graphic, reproduced and annotated below, shows the income threshold to be in the top 1% of income earners, by county, in the … Continue reading
Sure, Obama was wrong. But there’s a bigger point to be made.
Throughout his two terms, Barack Obama’s position on energy policy is encapsulated in the soundbite: “We can’t just drill our way to lower gasoline prices.” In one case he doubled down, adding, “Anybody who tells you otherwise either doesn’t know … Continue reading
Posted in Economy, Energy, Government
2 Comments
Mexico Opens Its Energy Sector to Outside Investment
Even Joe Biden would agree: this is a pretty big flipping deal. To recognize how big, you need to understand that Mexico commemorates the anniversary of the day it nationalized its oil fields and threw the Norte Americanos out as … Continue reading
When Your ‘Goal’ is not really Your Goal
It’s a massive “tell”: The Kyoto goal of reducing greenhouse gas emissions was never the global warming crowd’s true goal.
Posted in Climate, Economy, Energy, Environment, Government, Politics
Tagged Al Gore, Kyoto, Natural Gas, Tom Steyer
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Matt Yglesias’ Utterly Banal and Misleading Economic Insight
Y’know, Matt, the numbers are all there, man. Can you find a modicum of intellectual curiosity and intellectual honesty to drill down for the truth next time? Continue reading
Posted in Economy, Government
Tagged Employment, Ezra Klein, Juice Vox Media, Matt Yglesias, Vox.com
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Great Achievements in Central Planning: Cellulosic Biofuel
Cellulosic biofuel is a case of the Congress thinking it could create a market presence for a product by sheer force of will and legislation. Bad idea. Continue reading
Posted in Economy, Energy, Environment, Government
Tagged Cellulosic biofuel. cellulosic ethanol, EPA, EPA mandates
1 Comment
Update on the Nation’s Energy Supply
A quick update on a post from a year and a half ago entitled ‘We have more oil and natural gas than anyone thought possible even 5 years ago.’ These numbers are compiled by the Energy Information Administration, the data-aggregation arm … Continue reading
Posted in Economy, Energy
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The 10 Most Ridiculous Entries on HuffPo’s ‘Shutdown Trickle-Down’ List
A Huffington Post article/Top 50 list on the government shutdown (“The Government Shutdown Trickle-Down: 50 Effects Of The Budget Standstill”) purports to document the crushing impact of the legislative impasse on the nation, but left me wondering how serious they … Continue reading
40% Growth in Oil and Gas Jobs Since 2007. #oilandgas
From FuelFix.com, the energy blog of the Houston Chronicle: Jobs in the oil and gas sector have grown 40 percent in the last five years, helping to counteract the tepid one percent increase in total U.S. employment. The oil and … Continue reading