Archive for the 'Energy' Category

Susan Lynn makes the WSJ

October 16, 2009

State Representative Susan Lynn, who represents us in the Tennessee House right here in District 57, chastised Senator Lamar Alexander for advocating a low-carbon fuel standard. Her rebuke of Lamar landed her in the Wall Street Journal blog.
Tennessee Pols to Lamar Alexander: Forget About Low-Carbon Fuel Standards – Environmental Capital – WSJ

When hell freeze over

October 12, 2009

The Saudis are asking wealth-producing nations for more foreign aid if we manage to wean ourselves from oil in the future.
Excuse me?
Don’t get me wrong. I love oil. I’d drink the stuff, except it would probably make me quite ill. But perhaps there will come a day when the free market will come up with an alternative. [...]

Best news we’ve gotten since Obama became president

September 3, 2009

BP has made an enormous discovery of oil right under our noses in the Gulf of Mexico. This is the most positive headline I’ve seen since the Bamster was sworn in. The left must be furious about this.
BP Plc, Europe’s second-largest oil company, reported a “giant” discovery at the Tiber Prospect in the U.S. Gulf of Mexico [...]

Let’s hope so

June 21, 2009

Upward tick in gas prices may be coming to an end – Yahoo! News.

That explains it

May 29, 2009

We were doing so good there for a while, but the price of oil and gasoline have been creeping back up the last few months. Demand is low, supply is high, so that should mean lower prices. But the plentiful supply simply isn’t being shipped to market.
The economic recovery Naimi so optimistically predicts would certainly [...]

Who would have predicted this six months ago?

January 7, 2009

The price of gasoline is now lower than when George W. Bush came to office eight years ago.
Washington Times – Price dip adjusts Bush’s gas legacy.

Damned if you do, damned if you don’t

January 2, 2009

What is it government and global warming alarmists have been telling us? To drive less and buy more fuel efficient cars, which I refuse to do, but enough Americans have done as they were told that we are buying noticeably less gasoline, which has cut the stream of tax revenue to government, and since government can [...]

My, how things have changed

December 4, 2008

It wasn’t that long ago that the “experts” were predicting $200-per-barrel oil and $6 or $7-per-gallon gasoline. Well, today, the price of crude fell to around $43 per barrel, a 4-year-low, prompting the “experts” to predict $25-per-barrel oil and $1-per-gallon gasoline.

No windfall profits tax on big oil

December 3, 2008

First, Barack Obama said he would back off on his pledge to raise taxes on the rich, and now he has backed off on his windfall profits tax for big oil, since the price of crude has dropped below $80 a barrel. (Actually, it’s trading for around $46 a barrel right now.) This is both [...]

The price of oil

December 1, 2008

Now that the price of oil has dropped to around $50 a barrel, Saudi Arabia’s king says it should be $75. The Iraqi oil minister says it should be $80. Funny, but I don’t recall them making these assertions when we were paying $146 a barrel.

Drill baby drill!

November 18, 2008

The federal government has auctioned off some land out west for oil drilling, to which I say “Bravo!”
Late on Election Day, the U.S. Bureau of Land Management announced a Dec. 19 auction of more than 50,000 acres of oil and gas parcels alongside or within view of Arches National Park and two other redrock national [...]

$1.999

November 12, 2008

That’s what I paid per gallon of gasoline today. I cannot remember the last time I filled up for less than $2 per gallon. I guess I could look it up, but it seems like years.

So, I guess the coal industry will be the first to go

November 4, 2008

Barack Obama has expressed his desire to bankrupt the coal industry in America. What a way to win over the coal vote. I wonder what other industries he would want to bankrupt if elected president.

Can’t seem to get on the same page

September 24, 2008

Senator Joe Biden continues to be a gaffe machine, as pointed out most recently by Ben Smith on his blog over at Politico.com.
Biden’s apparent answer: He supports clean coal for China, but not for the United States.
“No coal plants here in America,” he said. “Build them, if they’re going to build them, over there. Make [...]

Bob Corker and the merry Gang of 10

September 11, 2008

I don’t think anyone has blogged as much on the Gang of 10 as Terry Frank, whose latest post points to a study predicting the results if they actually get their way on energy policy.
We estimate the proposal will increase corporate tax burdens by approximately $13.57 billion over ten years, 44 percent of which will [...]

New Orleans dodges a bullet

September 1, 2008

Hurricane Gustav has delivered the Big Easy only a glancing blow and weakened considerably since coming ashore earlier today. This is terrible news for the Democrats, good news for everybody else. The price of oil also dropped $4 a barrel in the wake of the averted disaster, falling all the way to $110.95, its lowest price in quite some [...]

What Obama would have us do

August 25, 2008

My brother shipped along the link to George Will’s latest masterpiece, this on Obama’s economic/energy plan and how he would try to change the way Americans live either by government force or by government incentive. This guy is a social engineer who wants to have his hand in everyone’s personal choices.
Obama has also promised that “we will [...]

Today’s Lebanon Democrat column: “Democrats block oil, money in America’s pockets”

August 19, 2008

On July 15, President Bush lifted the executive-branch moratorium on offshore drilling. At a news conference the following day, the President repeated his position while slamming the Democrat Congress for not lifting the congressional moratorium on drilling offshore and elsewhere. Crude-oil futures for August plunged $9.26, or 6.3%, almost immediately as President Bush was speaking, bringing the barrel price down to $136.
Oil [...]

The false perception of winfall profits

August 18, 2008

The Maha Rushie played a clip of oil executive Rex Tillerson giving mainstream press reporter Charlie Gibson a lesson on just what his company does with its money, like it’s any business of the media, or the government.
TILLERSON: Everything we do, the numbers are very large. I saw someone [Barack Obama] characterize our profits the [...]

The sign of a healthy economy

August 12, 2008

A mainstream media survey finds that gasoline is actually more affordable now than it was in the early 1960’s.
After studying the average yearly price of gasoline from 1949 to 2007, and assigning the number “1″ to the ratio in 1960, we found today’s prices comparable to what they were in 1960 (1.35 today to 1.00 [...]