Commentary: U.S. Energy Exports Are Fundamental Global Energy Security

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Very rarely does Congress put the level of effort and attention into one topic as they have in debating domestic energy exports. But rightfully so. The shale oil and natural gas revolution has dramatically changed the U.S. energy portfolio in ways most could not have predicted and our current policies tuned to the notion of […]
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Commentary: Greece and Puerto Rico: Looking at the Future

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George Santayana famous quote about those who do not learn from history are condemned to repeat it, should be taken very seriously by our federal government and our economic situatiion. The economie disasters in Greece and Puerto Rico are analogous to looking in the mirror. Both have piled debt upon debt, have low labor participation […]
Categories: General

Demonization: The Death of Civil Discourse

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Presidential campaigns and daily coverage of candidates are a stark reminder that politics has become a blood sport where demonization is the coin of the realm. Candidates and their campaigns spend too little time discussing their views on issues and programs and too much time following the principle of “go negative early”. Civil discourse is […]
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Making it Work

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The Pew Research Center has conducted polls over the past several years on the public’s confidence in government. The results are not encouraging nor surprising. In 2010, 74% rated the federal bureaucracy as only fair or poor. Last year, 75% said they trust the federal government to do what is right only some of the […]
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Pope Francis’ Call for Global Governance

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The Pope’s encyclical appears to focus on climate change and environmental degradation but the larger focus is his indictment of capitalism and the presumed greed that it spawns, leading Pope Francis to call for a global government solution. The language in the encyclical looks like it came from the UN’s Agenda 21 and the Club […]
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Market Assessment Based on Muddled Thinking

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Seeking Alpha is a financial and market website. In a recent post, it took ExxonMobil to task for its Chairman’s annual meeting remark about renewables. In answering a question, he said, “We choose not the lose money on purpose”. Seeking Alpha maintains that renewable energy is clearly on the rise (with solar PV showing particular […]
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Commentary: Abundance and affordability, overlooked characteristics

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Although energy is just one input in the wealth production process, it is generally recognized as a critical one. Labor, capital equipment, technology, investment are combined with energy to produce goods and services, with energy being the catalyst. The growth of economic activity, as reflected by growth in GDP, can be directly linked to the […]
Categories: General

Commentary: the resurrection of McCarthyism

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In the 1950s, the late, and now infamous, Senator Joseph McCarthy used the fear of communism to gain national recognition by making reckless charges against a wide array of public figures, the film industry, a war hero, and the President of the United States. In the end, his reckless disregard for facts, evidence, common decency, […]
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NextGen Vehicle: An Unclear Path

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Although there is a great deal of hype about the next generation vehicle, thanks to the elaborate marketing of Tesla by its found Elon Musk, the path to that vehicle is not at all clear and its timing less so.  The enthusiasm over these efforts should be tempered by past experience.  Remember the Clinton Administration’s […]
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The Devastation of Energy Poverty

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The McKinsey Company has recently issued a report, Powering Africa.  The first sentence makes a statement that is obvious—“There is a direct correlation between economic growth and electricity supply”.  It goes on to state that “if sub-Saharan Africa is to fulfill its promise, it needs power—and lots of it”.  The sub-Saharan region is starved for […]
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