Capitolizing on Energy

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

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 »

“Rigidifying” Climate Policy

In her book, March of Folly, the late historian Barbara Tuchman coined the terms “mental standstill” and “rigidifying” to describe a state  “where principles … governing a problem are fixed and then made rigid when dissonances and failing begin to appear.  This is the period when … rethinking, and change of course are possible”.  Instead, […]  More »

Politics: the hobgoblin of clear thinking

If foolish consistency is the hobgoblin of small minds, what is foolish inconsistency?  In politics, it probably is the hobgoblin of clear thinking and candor. The President has made campaign comment after comment about the need to eliminate oil imports and if not eliminate them cut them in half by 2020.  He has gone on […]  More »

Taxes, Tolls and Politics

It is usually refreshing when a political promise is kept, but when prevailing circumstances and economics justify making a change, a pledge can be taken too far. Absolutes in politics can lead to unintended consequences.  Rather than trust citizens to understand and accept circumstantial changes, politicians often just remain dogmatic. The anti-tax position of Virginia […]  More »

Oil Industry Profits: Debunking Statistical Lies

In 1954, Darrell Huff wrote How to Lie with Statistics, a primer on ways to use statistics to deceive.  Much earlier, Mark Twain counseled journalists: “Get your facts first, and then you can distort them as much as you please.”  The Center for American Progress (CAP) has recently demonstrated that it knows how to skillfully […]  More »

Don’t Let Panic Dictate Climate Policy

Early on in the Obama Administration, former chief of staff and now mayor of Chicago, Rahm Emanuel, asserted, “You never want a serious crisis to go to waste.”  Well, it is now clear that climate alarmists took his counsel to heart.  A prolonged heat spell, some extreme weather, and a new report from a well-respected […]  More »

Renewable Fuels and the Helping Hand

Last week, President Obama appeared to denigrate successful business people by claiming that they had “If you’ve been successful, you didn’t get there on your own.”  According to, National Review’s Rich Lowry,  “The Obama theory of entrepreneurship, which seems to be the theory of the democrat leadership as well, is that behind every successful businessman, […]  More »

Energy, Politics and Insanity

Every four years, debates on the presidential campaign trail inevitably turn to energy policy.  Some of what is said makes sense – some of the time.  But, when the elections are over, energy policy actions always seem to go down two tracks.  One is supposed to move us toward energy independence, the march of folly.  […]  More »

Bad Law Begets More Bad Law

In 2007, The Supreme Court ruled that greenhouse gases were a pollutant under Section 2 of the Clean Air Act and therefore EPA had the authority to regulate them, especially carbon dioxide.  In time, this Court decision will go down as one of the worst.  In reaching its decision, the Court liberally interpreted the Clean […]  More »

The Slowly Sinking Clean Energy Policy

The Obama Administration’s clean energy program is reminiscent of the Titanic after it hit the iceberg.  It is taking on water, the crew has no idea of what to do, and the band plays on. Germany and other EU clean energy advocates are facing up to the reality that they can’t right their economies while […]  More »

The Vanishing Peak

One of the most enduring myths about oil is the Peak Oil theory.  The theory, first articulated by a geologist, M. King Hubbert, in 1949, hold that since petroleum is a finite resource, production will lead to exhaustion .  From then until his death in 1989, he routinely predicted that the end of the oil […]  More »