Capitolizing on Energy

Views on D.C. energy and politics with William O’Keefe

When Illusions Confront Reality

The illusion of the electric car replacing the internal combustion engine didn’t begin with President Obama but he gave it a big boost with his $800+ billion stimulus package. And, crony capitalists were all too willing to take taxpayer money to pursue a grand illusion.  Some no doubt were motivated by the technological challenge but […]  More »

Azerbaijan supplies resources from underground to Outerspace

In a little over 20 years, the Republic of Azerbaijan has gone from a country controlled by the Soviet Union to a free nation with growing prosperity.  Its natural resources have been used to improve it economy and the standard of living for the people. This week, Azerbaijan takes another step forward in its modernization when it launches a communication satellite becoming the […]  More »

The Anti-Environment Environmentalists

No matter what our political orientation, we are all environmentalists and the spectrum of our environmental beliefs runs from pale to dark green.  The dark green environmentalists are often characterized as zealots. It is not unfair to assert that many, if not most, who are characterized as environmental zealots use the environment as a Trojan […]  More »

The Geopolitical Implications of the Natural Gas Boom

There has been a great deal of attention given to the oil and gas renaissance taking place in the United States.  Technology advances in horizontal drilling and hydraulic fracturing have led to a boom in natural gas production that has spurred investment, job growth, and the potential for significant export opportunities. The benefits of these […]  More »

Divorce Court and Public Policy

Columnist and author Bob Woodward recently observed about Congress and the White House that we have a situation that is like permanently being in divorce course with no settlement on who gets the kids. Every day that goes by it is clear that more gridlock is the likely future for important legislation and on other […]  More »

Restricting Trade: No Bad Deed will Go Unpunished

The US exports about $1.5 trillion dollars in good each year.  These exports include machinery, electronics, vehicles, aircraft, medical equipment, precious metals, chemicals, pharmaceuticals and agricultural products.  In recent years, exports have represented 10% of our gross domestic product.  According to the Department of Commerce, they support over 10 million jobs.  So, why would politicians […]  More »

Ethanol: Punishing the Poor

It has been established over the past 4-5 years that the ethanol mandate has caused a rise in food prices.  This is a result of a decline in global corn production, the diversion of corn from food to ethanol, and the Energy Policy Act of 2007, which sets annual volumetric targets for ethanol use between […]  More »

Who is the Denier and in Denial?

A recent letter in the Huffington Post—12-03-12  Chevron and Me– by the founder of Fenton Communications, a PR  firm for the far left ideology, accused the CEO of Chevron of being a denier on climate change because he answered a question by stating that the world had no choice but to burn fossil energy since […]  More »

Annual Conference of Global Hypocrites

Each year at this time 10,000 to 20,000 people gather at some plush international site to discuss an impending climate apocalypse at some distant point in time.  This year, the meeting COP-18 is being held in Doha, Qatar.  It is ironic that so many people who want to suppress the use of fossil energy are […]  More »

Liberating an Energy Hostage

Over the past few years, media and public attention has focused more on domestic energy issues than some important energy challenges and opportunities overseas.  We have seen a major turn around in domestic oil and gas production resulting from advances in technology.  As a result our energy security has increased immensely.  But, that is not […]  More »

Markets Work

Canada has become an even more important  producer of oil as a result of  the recent growth in its production from  vast deposits of oil sands.  Over the past few years, Canada has become the leading supplier of oil imports to the US.  Some project North American energy independence within a decade as a result […]  More »

The Green Trifecta Give Away

With this week’s announcement that battery manufacturer A123 has filed for Chapter 11, we have another example of a failed government industrial policy boondoggle.  First, Solyndra, then Fisker Motors, and now A123.  Of course, other green companies who fed at the public trough have gone under as well but this 3 have received the most […]  More »