Category Archives: Economy

‘Intellectual bankruptcy’, Dr. Krugman?

Posted on March 18, 2012 by Steve Maley

Paul Krugman’s op-ed, “Natural Born Drillers” (New York Times, March 15), purports to show with a hard look at the numbers why no thinking, perceptive person could possibly believe that “Drill, Baby, Drill” is a solution to the nation’s energy … Continue reading →

Posted in Economy, Energy | Tagged , , , , , , | 1 Comment

What’s Wrong with Peak Oil Theory? Consider ‘Peak Gas’.

Posted on January 26, 2012 by Steve Maley

In 1956, M. King Hubbert predicted that crude oil production in the U.S. (ex-Alaska) would peak in rate around 1970, to be followed by a long, irreversible decline. Hubbert nailed the timing of the peak, and in doing so, cemented … Continue reading →

Posted in Economy, Energy | Tagged , , | 18 Comments

Six House Dems Would Confiscate Oil Company Profits

Posted on January 21, 2012 by Steve Maley

Six House Democrats, led by Rep. Dennis Kucinich (D’OH), have filed a bill aimed at controlling gasoline prices. Styled the “Gas Price Spike Act”, H.R. 3784 would establish a “Reasonable Profits Board” which would have the power to confiscate 100% … Continue reading →

Posted in Economy, Politics | Tagged , , | 2 Comments

New Series: “Bayou Billionaires” premieres at 9/8central Jan 21st on CMT! #natgas

Posted on January 19, 2012 by Steve Maley

Bayou Billionaires Supertrailer Looks like The Beverly Hillbillies traded Milburn Drysdale and Elly Mae for two Jethrenes and a Miss Hathaway.

Posted in Economy, Energy, Louisiana | 1 Comment

Chart of the Day #rsrh

Posted on December 28, 2011 by Steve Maley
Posted in Economy, Energy | 1 Comment

Offshore O&G Lease Sale: Small Companies Stay Away in Droves

Posted on December 18, 2011 by Steve Maley

On Wednesday of the week just past, the Department of the Interior conducted the first sale of oil and gas leases in the Gulf of Mexico since BP’s Macondo oil spill. Measured by the statistics touted in Interior’s press release, … Continue reading →

Posted in Economy, Energy | Tagged , , , , | 3 Comments

Rx for Job Growth, Federal Revenue and Energy Security: Drill, Obama, Drill!

Posted on September 7, 2011 by Steve Maley

The Gulf Economic Survival Team (GEST) is a consortium of large and small companies that have been negatively affected by the Department of the Interior’s bureaucratic overreaction to the BP oil spill. Earlier this year, GEST commissioned a study by … Continue reading →

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Drilling Rigs in Pennsylvania! Hide the Womenfolk!

Posted on August 17, 2011 by Steve Maley

Democratic State Rep. Michael Sturla is apparently not the sharpest knife in the drawer. Speaking of the impact of the Marcellus Shale drilling boom on Pennsylvania, Sturla said: “Also, aside from building roads so their trucks can get to drill … Continue reading →

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Sustainability.

Posted on August 6, 2011 by Steve Maley

“Sustainability” is something of a corporate fad. Shell Oil has a sustainability policy. So does ExxonMobil. Dow Chemical. Walmart. Mattel. Even Ben and Jerry’s has a sustainability policy. Even though “sustainability” may be interpreted differently in different companies, sustainability is … Continue reading →

Posted in Economy, Politics | 4 Comments

Congressional Democrats Aim to Kill Energy’s Golden Goose

Posted on August 2, 2011 by Steve Maley

If “it’s all about the jobs”, why are Democrats trying to kill one of the only successful job creation engines in our economy? From Texas and Louisiana to North Dakota and Pennsylvania, energy development is creating good jobs, well-paying jobs, … Continue reading →

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