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Buffalo buffalo Buffalo…And Ten Incredulous Energy Statistics

Posted on February 10, 2011 at 6:37 am by Matt Smith in General

As incredulous as it seems, ‘Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo’ is in fact a grammatically valid sentence in the American English language. This was brought to my attention by a colleague, and it set me off thinking about incredulous things in the energy complex. So here are ten random energy incredulosities: 1) The average person uses the energy equivalent [...] More »

Whose Clean Energy Standards?

Posted on February 7, 2011 at 9:51 pm by Michael Economides in General

In an effort to show some semblance of an energy and environmental policy, the Obama administration has recently begun advocating clean energy standards (CES). Clearly no sane person would be in favor of “dirty” energy standards, but there are many problems with the impossible goal the administration has set out to reach. First among them: [...] More »

Like Sputnik, Obama Claim Not Grounded

Posted on February 6, 2011 at 7:33 pm by William O'Keefe in General

President Obama made a commitment to promote innovation and create this generation’s “Sputnik moment.” One of his initiatives — known as the “Advanced Research Projects Agency-Energy” (ARPA-E) — is “the key to the president’s vision of scientific ‘breakthroughs’ that can reshape energy, generate jobs, and sharpen the United States competitive edge,” according to E&E reporter [...] More »

Auto Industry Report Impugns Obama’s Electric Vehicle Promise

Posted on February 4, 2011 at 8:06 am by William O'Keefe in General

Increasingly more panels and studies are concluding the obvious: electric cars are a non-starter with U.S. consumers despite ample federal largesse. A new automotive industry-backed study from Indiana University School of Public and Environmental Affairs found the U.S. is unlikely to reach the goal of 1 million electric vehicles on the road by 2015. This is [...] More »

Is the Gulf Area an environmental sacrifice zone?

Posted on February 4, 2011 at 1:32 am by Victor Flatt in Chemicals, Crude oil, Environment, General, Gulf oil spill

One of the more interesting factoids I have picked up from the fallout over the Macondo Well blowout is that when the Outer Continental Shelf Lands Act was originally passed, all well operating permits were to go through a full Environmental Impact Statement (EIS) process under the National Environmental Policy Act. However, in a separate [...] More »

EPA Spilled Milk Regulation Indicative of Broader Problem

Posted on February 3, 2011 at 7:42 pm by William O'Keefe in General

EPA to Regulate Spilled Milk. No, it’s not a headline from The Onion. The Wall Street Journal editorial board explains: Two weeks ago, the Environmental Protection Agency finalized a rule that subjects dairy producers to the Spill Prevention, Control and Countermeasure program, which was created in 1970 to prevent oil discharges in navigable waters or near shorelines. Naturally, [...] More »

Is $100 WTI Inevitable for 2011?

Posted on February 3, 2011 at 9:59 am by Amy Myers Jaffe in General, Middle East

At the end of 2010, Wall Street predicted $100 oil. Predictions can be self-fulfilling, and the mantra was that the global recovery would bring back high oil demand growth and with it, higher prices. Investors searching for a return should look to oil as a “sure-bet.” And sure bet it turned out to be, thanks [...] More »

10 Tidbits For 2030 From Exxon Mobil And BP

Posted on February 3, 2011 at 9:23 am by Matt Smith in Crude oil, Natural gas

I have some more creative / humorous posts in the works (I promise), but despite feeling like I am gipping you this week, I wanted to share some of the more intriguing points from some recent reports from two members of ‘big oil‘, BP and Exxon Mobil. The two chunky outlooks take a look at the energy sector out to 2030, and from [...] More »

What unrest in Egypt means for oil prices at home

Posted on February 2, 2011 at 4:08 pm by David Holt in Africa, Crude oil, Middle East

Americans are all too familiar with the ways political instability in oil rich places like Iraq and Saudi Arabia impact the price they pay for gasoline and heating oil. This week, amid widespread unrest in Egypt, we’ve gotten a sobering reminder that even countries that are not large oil producers can influence global crude oil [...] More »

White House Confuses “Innovation” With “Industrial Policy”

Posted on February 1, 2011 at 8:47 am by William O'Keefe in General

Just as a spoon full of sugar helps the medicine go down, the White House is working to coat President Obama’s energy plan with enough syrupy rhetoric to mask its inherent problems. Despite these attempts to cast proposals such as the clean energy mandate and traditional fuel tax hike as part of the President’s broader [...] More »

Crude Oil Spikes Like An Egyptian

Posted on January 31, 2011 at 9:27 am by EconMatters in Africa, Crude oil, Middle East

Images of mass Egyptian protesters clashing with police in Cairo broadcasted around the world shook global financial markets on Friday, Jan. 28. Dow and S&P 500 both dropped more than 1%, while some asset classes such as gold, silver, U.S. Treasuries were hot commodities from safe haven demand. NYMEX West Texas Intermediate (WTI) also spiked more [...] More »

Economic Sanity’s Tentative Comeback in European ‘Green’ Policies

Posted on January 31, 2011 at 6:53 am by William O'Keefe in General

The White House still has two weeks to finalize its FY2012 budget proposal. In that time, administration officials can apply the lessons learned from past mistakes. Globe and Mail columnist Eric Reguly observes: “Austerity-whacked Europe is rolling back subsidies for renewable energy as economic sanity makes a tentative comeback.” In wake of its economic meltdown, [...] More »

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