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Category Archives: Energy
Congressional Democrats Aim to Kill Energy’s Golden Goose
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
Posted in Economy, Energy
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WSJ Misses the Mark on Oil Markets and the SPR
An article by Sarah Kent in Monday’s Wall Street Journal, “Traders Eye Oil Tanker Play”, (full text requires subscription*) purports to explain current action in the oil market, as 30 million barrels of crude oil are due to be released … Continue reading
Posted in Energy
Tagged Contango, Little Lee Fang, oil futures, SPR, Strategic Petroleum Reserve, ThinkProgress, wall street journal
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Solar Energy Flim-Flam
A local radio ad touts the benefits of residential solar systems: 30% Federal tax credit (unlimited, through 2016) 50% Louisiana state tax credit (residential only) You can sell electricity back to the grid Five to six year payout of homeowner’s … Continue reading
BOEMRE Slowdown Costs 230,000 Jobs, $44 Billion in GDP
A new study from IHS-CERA, one of the leading energy think tanks, projects the cost of the Department of the Interior’s ongoing regulatory slowdown and its impact on the energy industry, employment in the coastal states, and the U.S. economy … Continue reading
Posted in BP Spill, Energy
Tagged BOEMRE, De facto Moratorium, Energy, GEST, Moratorium, Permitorium
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Dr. Steven Chu on ‘Common Sense’
Energy Secretary and Nobel Laureate Dr. Steven Chu defends the banning of conventional incandescent light bulbs as a ‘common-sense’ measure that is certainly a ‘win-win’ for consumers. (Caution: Clicking HuffPo links may cause a loss of IQ points.) Overall, consumers … Continue reading
Posted in Energy
Tagged Central Planning, CFLs, DOE, Energy, Light Bulbs, Steven Chu
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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