Topic

Energy

190 articles 2010–2018

America's Natural Gas Could Cut into Russia's Influence Abroad

Irwin M. Stelzer · July 1, 2017

With the president once again managing to divert attention from a sensible policy to a vulgar tweet, you might not have noticed that this past week has been “Energy Week.” The immediate result has been a lot of speeches, including one by Harold Hamm, the Trump-supporting oil-and-gas man who played…

Weaponized Gas

Benjamin Parker · June 29, 2017

There are two great weapons Vladimir Putin uses to leverage the West and push his foreign policy. One is nuclear weapons, and the other is natural gas. Thanks to the American energy revolution, Russia’s control of the European energy market is slipping, and may wind up gone altogether.

The Truth About Coal's Prospects

Brian Potts · March 29, 2017

A large swath of the population—mostly on the left—thinks the American coal industry is dead or dying. But another large portion of the population—mostly on the right—thinks the coal industry is primed for a comeback.

Another Reason to Drill

Stephen Moore · March 28, 2017

One of President Donald Trump's most urgent policy priorities is to cut taxes for businesses and workers. It's a promise that Republicans must fulfill if they want to restore American prosperity. But the tax plan—which one of us, Moore, helped write—has a $2 trillion to $4 trillion revenue…

OPEC Is Caught Between Shale and a Hard Place

Irwin M. Stelzer · March 28, 2017

Saudis, Russia, shale. That is all ye need to know in order to understand the oil market. The Saudis lead the OPEC oil cartel, Russia is their largest potential fellow traveler, and the Permian Basin in the Southwest is the oil-rich shale that stands between the other two and $100 per barrel oil.

The Cartel That Failed

Irwin M. Stelzer · March 24, 2017

Saudis, Russia, shale. That is all ye need to know in order to understand the oil market. The Saudis lead the OPEC oil cartel, Russia is their largest potential fellow traveler, and the Permian Basin in the Southwest is the oil-rich shale that stands between the other two and $100 per barrel oil.

The Future of Yesterday's Fuel

Brian Potts · March 24, 2017

A large swath of the population—mostly on the left—thinks the American coal industry is dead or dying. But another large portion of the population—mostly on the right—thinks the coal industry is primed for a comeback.

Untapped Revenue

Stephen Moore · March 24, 2017

One of President Donald Trump’s most urgent policy priorities is to cut taxes for businesses and workers. It's a promise that Republicans must fulfill if they want to restore American prosperity. But the tax plan—which one of us, Moore, helped write—has a $2 trillion to $4 trillion revenue…

Fixing the Power Grid through Open Markets and New Technologies

Eli Lehrer · February 21, 2017

The electric power system makes our modern, mobile, information-age economy possible. But it is organized in much the same way it was in 1884, when Thomas Edison created the first system of power plants to light up homes and businesses in lower Manhattan. By way of comparison, the iPhone, which is…

Cuomo's Opponents Go Nuclear

Charles Sauer · February 16, 2017

Like duck targets at a carnival game, the next round of presidential candidates is already lining up. And, maybe because of Donald Trump's success, they are all playing a risky game of over-the-top, leftist one-upmanship. The show is fun to watch, but the unbearable threat of their taxes,…

Video: Rick Perry On Energy Department's Nuclear Oversight in 2014

Tws Staff · January 19, 2017

A New York Times report on the eve of Rick Perry's confirmation hearing for Secretary of Energy Wednesday alleged that the former Texas governor had only recently discovered that the job largely involves nuclear issues. But Perry acknowledged in 2014 that the Department of Energy is responsible for…

Will Democrats Reconsider Environmental Fundamentalism?

Michael Warren · December 7, 2016

Writing at National Journal, Josh Kraushaar suggests Democrats' far-left policies on energy and the environment have been a problem for the party at the ballot box. There are even some Democratic politicos, Kraushaar reports, who are discussing pulling back from the party's hard line on energy…

Standing Rock Waiting Game

Erin Mundahl · December 6, 2016

For weeks, protesters in the thousands have been have been playing a tense waiting game with police on the banks of the Missouri River an hour south of Bismarck, North Dakota. The protesters gained a partial victory on Sunday, when Jo-Ellen Darcy, the Army's assistant secretary for civil works,…

Cuomo's Energy Plan Robs From the Poor to Give to the Rich

Charles Sauer · October 24, 2016

In advancing public policy, you expect the person who holds the moral high ground to win. The battle is who's able to conquer that high ground and keep it. Unfortunately, the moral high ground is often a matter of perspective, and the political right has been cast far too readily as the villain by…

How to Keep Up With the Teslas

Cameron Smith · October 13, 2016

Greenville, Alabama, is a small city of about 8,000 right off I-65, south of Montgomery. It's best known for Bates House of Turkey, a popular lunch stop on the way down to the white-sand beaches of the Gulf Coast. It's also an important stop on the map for Tesla owners.

Getting Juiced by the Roadside

Cameron Smith · October 7, 2016

Greenville, Alabama, is a small city of about 8,000 right off I-65, south of Montgomery. It’s best known for Bates House of Turkey, a popular lunch stop on the way down to the white-sand beaches of the Gulf Coast. It's also an important stop on the map for Tesla owners.

Generation Gap

Devin Hartman · July 22, 2016

At a meeting of the National Association of Science Writers in New York in 1954, the chairman of the U.S. Atomic Energy Commission laid out his vision for a nuclear-powered future. Famines would be the stuff of history, Lewis Strauss said; people would “travel effortlessly over the seas and under…

The Green Energy Bust

Stephen Moore · April 8, 2016

Almost 40 years ago, the last “green" president, Jimmy Carter, went on national TV and glumly told the nation from the Oval Office: "We could use up all of the proven reserves of oil in the entire world by the end of the next decade."

Senators Dueling over Solar Subsidies

Jim Swift · February 3, 2016

With the Senate dedicating a fair amount of floor time to the Energy Policy Modernization Act, Republican senators are taking the opportunity to shine a light on bad practices in the energy economy through the amendment process.

The Courage of Supporting Ethanol

Chris Deaton · January 20, 2016

Donald Trump framed his unqualified support of ethanol Tuesday as an act of political independence — this, before a gathering of the Iowa Renewable Fuels Summit, less than two weeks away from the state's caucus.

Poll: Clean Energy Issues Pretty Popular Among Conservative Base

Eli Lehrer · October 2, 2015

Some new findings on how conservative voters think about energy issues from a bevvy of top-tier GOP pollsters ought to be required reading for the eventual Republican presidential nominee. While the new polls, commissioned by the ClearPath Foundation, offer some intuitive political messaging advice…

Immiserating the Poor

Blake Hurst · September 14, 2015

‘It was $5, right?” I was at a convenience store in northern Missouri, filling up with gas, and the guy next to me was checking his gas budget with the lady in the passenger seat of his car. He was driving what might be the last K-car on the road. He noticed that I had overheard their conversation…

Growth and Inequality

Irwin M. Stelzer · September 7, 2015

The economic recovery is barely worthy of the name, and there is evidence that inequality in America is increasing. Ignoring the first rule of statistics—correlation is not causation—progressives see this as a new reason to expand government. Reduce inequality and the growth rate will increase. 

Obama’s Energy Debacle

Irwin M. Stelzer · August 24, 2015

The late great comedian Milton Berle, when introduced to an enthusiastically applauding audience, would hold up his left hand in a modest gesture as if to say thank you but that’s enough, and with his right hand held at waist level encouraged the audience to even wilder applause. President Obama…

Report: Billions Lost From Keystone XL Pipeline Delay

Shoshana Weissmann · July 22, 2015

A new report by the American Action Forum, a center-right policy institute, details adverse economic consequences of the Keystone XL pipeline's delay. The report highlights billions of dollars in untapped economic activity, and the over $1 trillion the U.S. has paid other countries for oil. It also…

Might as Well Go Green Yourself

Brian Potts · April 27, 2015

Do you want to know how to beat the stock market? In 46 of America’s 50 largest cities, installing a fully financed, typical-sized, residential solar power system will do just that, according to a Department of Energy-backed study released earlier this year. In other words, by investing in solar…

Reform the Corn Laws

Geoffrey Norman · April 20, 2015

The original corn laws put tariffs on imported grain in an effort to help domestic producers.  That was nearly two centuries ago, in England, and the experiment is taught as an example of bad economic policy. But people never learn and in this country, today, we have the renewable fuel mandates…

Political Cornball

Geoffrey Norman · March 22, 2015

Iowa took umbrage, last week, over something an operative for Scott Walker said.  Or, to be precise, something she once tweeted.  For her indiscretion, Liz Mair was forced to resign from Walker’s political action committee. Walker is not yet an officially declared candidate for president but that…

Produce the Fatwa

Thomas Joscelyn · March 20, 2015

In his annual statement marking the Persian new year, President Obama said he believes that Iran and the U.S. “should be able” to resolve the dispute over the mullahs’ nuclear program “peacefully, with diplomacy.”

Obama Fracking Rules Cut Against Growth Message

Michael Warren · March 20, 2015

To hear administration officials tell it, the "fourth quarter" of the Obama presidency will be focused on economic growth and what the president calls “middle-class economics.” Brian Deese, senior advisor to the president on climate and energy, emphasized this at a Friday breakfast with reporters…

How to Keep Our Oil Bonanza

Irwin M. Stelzer · February 16, 2015

We are in a war with Saudi Arabia—and losing. The Saudis aim to regain substantial control of our oil supply by driving from the industry many of our shale-oil-producing frackers who have reduced the power conveyed to the kingdom’s rulers by the underground ocean of oil on which their palaces sit.…

The Blessing of Cheap Oil Flow On

Geoffrey Norman · December 19, 2014

Thanks to (mostly) fracking you can not only drive to work for less than before, you may now be writing a smaller check to cover the mortgage.  As the Wall Street Journal reports:

The Gas Is Greener

Geoffrey Norman · December 16, 2014

As if the plunging price of oil were not enough to doom the market for electric and hybrid automobiles, there is this from ABC News:

An Energy Revolution in Our Midst

Irwin M. Stelzer · October 11, 2014

Anyone who doubts that the deployment of the technologies we have come to call fracking constitutes a revolution should consider this. U.S. oil production has soared by 70 percent in the past six years. American refineries have cut in half their imports from the OPEC cartel, setting off a scramble…

Hillary Won't Say Whether Keystone XL Should Be Built

Daniel Halper · October 6, 2014

Former secretary of state Hillary Clinton has mocked President Obama's foreign policy of not doing stupid stuff. She has publicly undermined her former boss's Syria policy. But there's one issue where she won't voice an opinion: whether the Keystone XL pipeline should be built.

Fossil Fuels Are the Future

Irwin M. Stelzer · September 15, 2014

On September 23 in New York, the president will have an opportunity to score a political victory and advance an important part of his agenda. No, not at some Park Avenue fundraiser, although he might squeeze one in, but at Climate Summit 2014, a meeting of heads of state convened by U.N. secretary…

Is Lamar in Trouble?

Michael Warren · July 28, 2014

Lamar Alexander, the two-term Republican senator from Tennessee, is in a strong position to win reelection this November. But only if he can get through his August 7 primary.

Bring on the Nukes

Geoffrey Norman · June 6, 2014

When the EPA released its new rules aimed to get the nation on the road carbon free (sort of) energy generation, the news was plainly bad for coal. No surprise there.  The prospects for renewables – solar, wind, hydro, etc. – were enormously enhanced by the plan. This was also unsurprising.  But…

Clamping Down on Coal

Geoffrey Norman · June 2, 2014

The Obama administration will roll out a plan, today, for fixing the climate, having already fixed foreign policy and the economy. As Wendy Koch of USA Today reports:

The Problems With Fracking

Irwin M. Stelzer · May 24, 2014

The fracking euphoria had to end. For three reasons. First, the claims for its benefits were wildly exaggerated, ensuring eventual disappointment as even a cheerful reality could not meet the imaginings of the pro-fossil-fuel gang. Second, environmental groups were not going to sit idly by, their…

Gas Warfare, 21st Century Style

Geoffrey Norman · May 21, 2014

It is an uncomfortable fact that several European countries depend on Russia for energy and the situation in Ukraine has jeopardized that arrangement. Today, as Vanessa Mock of the Wall Street Journal reports:

The Big Stall

Geoffrey Norman · April 19, 2014

The news that the administration would like kept quiet, and which it therefore announced in the afternoon, on Good Friday is that it has:

The Business of 'The Future'

Jonathan V. Last · April 16, 2014

Nobody loved Shai Agassi and his company, Better Place, more than Tom Friedman. Friedman dedicated two slobbering, wide-eyed, wet-kiss columns to Agassi's Better Place in 2008. You can read them here and here. 

Landrieu Reenacts Committee Hearing for Campaign Ad

Michael Warren · April 15, 2014

Democratic senator Mary Landrieu of Louisiana is in a tough reelection battle because of her support for Obamacare. So its not surprising her latest TV ad focuses on the one high-profile fight she's had with the Obama administration, over oil and gas exploration. The 60-second spot features people…

Study Long; Study Wrong

Geoffrey Norman · April 11, 2014

The Keystone pipeline has been studied longer than just about anything this side of the Dead Sea Scrolls.  And, still, the administration continues to weigh its merits.  The stall is making certain members of the political class uncomfortable.  As Laura Barron-Lopez of the Hill reports, several…

Not All the Fracking News Is Good

Irwin M. Stelzer · March 29, 2014

America is a fracking cornucopia of crude oil, independent of the rapacious OPEC cartel. And has an inexhaustible supply of natural gas, putting us in a position to become a major exporter able to use its gas reserves as a geopolitical weapon. Take that, King Abdullah and Vladimir Putin. Too good…

The Big Stall

Geoffrey Norman · February 3, 2014

The Keystone Pipeline, which has been studied for more than five years, will be studied some more.  A State Department study was generally thought to be the conclusive and it has now been delivered. But we are told by the White House chief of staff, Denis McDonough, that there is more studying to…

Frack On

Irwin M. Stelzer · January 25, 2014

There is something about the energy business that is conducive to the creation of myths. So Roger Sant, a long-time and highly respected participant in the energy policy game and in the industries that energy legislation and regulation affect, told a group of Houston oil men recently. Energy myths…

Energy Dept. Seeks Company to Turn Sunshine Into Gasoline

Jeryl Bier · November 1, 2013

Although CO2 is considered a "greenhouse gas" that contributes to climate change, if the Energy Department (DOE) finds partners to capitalize on the research of one of its laboratories, someday cars might run on sunshine.  Technically, cars would run on the product of sunlight, CO2, and water using…

Gov't Shutdown Didn't Stop the Energy Department's Solar Decathlon

Jeryl Bier · October 15, 2013

The past two weeks have been filled with stories of government offices, agencies, services, workers, monuments, websites, memorials, and parks that have been closed, suspended, furloughed, and even barricaded.  Perhaps the most notorious of the actions taken has been the barricading of the open-air…

Keystone Kops

Kelly Jane Torrance · September 30, 2013

It's not often officials from the nation’s largest business lobby and an AFL-CIO-affiliated union speak to one another, let alone work together. But last week, the U.S. Chamber of Commerce and North America’s Building Trades Unions held a joint press conference on Capitol Hill in support of the…

The D.C. Circuit Goes Nuclear

Adam J. White · August 23, 2013

To write about the D.C. Circuit this week is to join a much broader discussion about the court's role in American law and policy. Jonathan Adler recently wrote about the court at Volokh.com, expanding upon a piece he wrote for the Environmental Law Institute's Environmental Forum. Michael Greve has…

Fossil Fuel Production on Federal Land Down 4% in 2012

Jeryl Bier · August 12, 2013

The U.S. Energy Information Administration reports today that sales of fossil fuels produced on federal and Indian land continue to decline, dropping 4 percent in fiscal year 2012.  The slide continues a decade-long trend that accelerated in 2010, as the chart accompanying the report shows:

Harry Reid Helps Warren Buffett Acquire Big Energy Firm

Michael Warren · July 31, 2013

Even if you're Warren Buffett--billionaire investor, founder of Berkshire Hathaway, and Democratic donor--it helps to have friends in high places. Through his holding company MidAmerican Energy, Buffett is currently atttempting to purchase NV Energy, a Nevada-based energy firm, and he's getting…

U.S. Must Mandate Zero Oil Exports for Iran

Michael Makovsky · July 25, 2013

The momentum to restrict Iranian oil exports has stalled, and it is time for Congress to eschew a more gradualist approach and mandate zero oil exports with zero waivers. This, along with more concrete military pressure, could increase the otherwise slim chances for success in expected new talks…

Study Long; Study Wrong

Geoffrey Norman · July 17, 2013

Remember the Keystone pipeline  Well, if you had forgotten about it, no matter. There has still been no decision on whether or not to go ahead with construction. This, in spite of the fact that:

Obama Plans to Power Africa—With Soccer Balls

Daniel Halper · July 1, 2013

Yesterday in Cape Town, South Africa, President Obama talked about bringing energy and power to the continent of Africa. Today, President Obama is expected to reveal that part of his Africa energy plan involves a soccer ball that carries an electric generator inside.

Decades?

Geoffrey Norman · June 30, 2013

President Obama used his Saturday morning radio address to rally support for the energy/climate change initiative he announced earlier in the week.  This is the plan whereby we can have it all.  No more coal, more expensive electricity, better weather, and a more robust economy.  One wonders why it…

Good Timing

Geoffrey Norman · June 26, 2013

One day after the president declared war on coal and committed his administration to making electricity – and, thus, just about everything else – more expensive, the 1st quarter GDP growth figures were revised down from a tepid 2.4 percent to an anemic 1.8 percent.

'War on Coal': Exports Doubled During Obama's First Term

Jeryl Bier · June 25, 2013

While Daniel P. Schrag, White House climate adviser, tells the New York Times that "a war on coal is exactly what's needed," so far the Obama administration has been a boon for U.S. coal exports.  Last week, the Department of Energy reported that coal exports have more than doubled during President…

The Jobs 'No American' Will Do?

Michael Warren · June 17, 2013

Can American workers “cut it” in today’s labor market? Not according to an anonymous aide for Marco Rubio, who was recently quoted by Ryan Lizza in the New Yorker making the case for the Senate’s immigration reform bill.

Inflation?

Geoffrey Norman · June 13, 2013

One price, however, has recently spiked dramatically according to this Bloomberg headline

Pipeline Politics

Steven F. Hayward · May 27, 2013

The Cold War is now so over that it might as well be grouped with the ancient ice ages, but there is one echo rolling across Europe from East to West: the Russian attempt to dominate the natural gas market on the European continent. As the energy sector accounts for 25 percent of Russia’s economy,…

Why Mexico Needs an Energy Revolution

Jaime Daremblum · April 12, 2013

The day after his inauguration on December 1, Mexican president Enrique Peña Nieto joined with leaders of the country’s two main opposition parties to sign the “Pact for Mexico,” a joint pledge to pursue dozens of domestic reforms in areas such as education, telecommunications, and energy. At the…

Oil Boom Nation

Geoffrey Norman · March 23, 2013

Mark Drajem of Bloomberg reports that “U.S. crude oil production in the fourth quarter will exceed imports for the first time since 1995, as booming fields in North Dakota and Texas put the nation on track to surpass a quarter-century output record.”

Iran's Shrewd Move

Michael Makovsky · February 22, 2013

With the next round of international talks on Iran’s nuclear program scheduled for February 26, the United States needs to understand Iran’s negotiating strategy. Recent Iranian tactics suggest a seemingly contradictory approach: simultaneously slowing down and speeding up their nuclear program.…

Goodbye to Mr. Chu

Geoffrey Norman · February 5, 2013

Secretary of Energy Steven Chu is leaving and in parting, writes this about his time in office and the green energy investments his department made:

'Green Inaugural Ball' Planned to Celebrate Obama

Daniel Halper · December 17, 2012

A "Green Inaugural Ball" has been scheduled to celebrate President Barack Obama's second inauguration, according to an invitation of the event. The ball will be held January 20, the day of Obama's second inauguration, at the Washington Marriott Wardman Park in Washington, D.C.

AAA vs. EPA

Geoffrey Norman · November 30, 2012

The AAA has joined the side of the crackpots resisting the burning of food in internal combustion engines:

Obama's Energy Policy Led to Higher Gas Prices

Dave Juday · October 17, 2012

At last night’s debate, President Obama said gas prices were under two dollars per gallon when he took office because the “economy was on the verge of collapse.” And that if Mitt Romney were elected he “could bring down gas prices, because with his policies we might be back in the same mess.”

The Green Crash

Geoffrey Norman · October 16, 2012

According to Bloomberg, the heavily subsidized battery maker, A 123, has filed for bankruptcy protection, making it the latest in a long line of green failures that have produced very little renewable energy and very heavy losses for the American taxpayer.  Been good for the bankruptcy lawyers,…

Energy Abundance vs. Energized Politicians

Irwin M. Stelzer · October 13, 2012

We are entering an age of energy abundance. Or not. In keeping with the great tradition of economics, dubbed by Thomas Carlyle the dismal science, let me raise a cautionary note. What God has showered upon us, politicians can make unavailable. Not only because they have to balance our need for…

A Memo on Romney's TV Ads

Michael Warren · September 19, 2012

On Monday, the Romney campaign trumpeted a plan to change the campaign's direction and "reinforce more specifics" on policy. THE WEEKLY STANDARD has obtained a copy of a memo from GOP political veteran David Smick, addressed to the Romney campaign, with advice on how to "revamp" the television ad…

A Rapidly Changing Energy World?

Irwin M. Stelzer · June 23, 2012

Slow growth here and in China—as well as a recession in Europe—is reducing demand for oil. Inventories in the U.S. are at a 22-year high. The Federal Reserve Board’s QEs that pumped paper money into the economy and drove up the nominal price of oil have come to an end. And the twelve OPEC oil…

Obama-Biden Used Not to Support Coal

Daniel Halper · May 11, 2012

After a disappointing showing in West Virginia, where President Obama received only 59 percent of the vote against a prison inmate in the Democratic primary, the president's reelection team decided to highlight the importance of coal (or clean coal, to be exact) on its website. (West Virginia is a…

An Inter-Agency Turf War Winds Up In Federal Court

Adam J. White · April 26, 2012

"Independent agencies" occupy an odd corner of American government. The Consumer Financial Protection Bureau, National Labor Relations Board, Federal Communications Commission, and others are nominally "independent" of the president's control—usually thanks to limits on the president's power to…

Gas Pains?

Geoffrey Norman · April 17, 2012

According to an AP story, President Obama, who is feeling the pressure on gasoline prices, has a plan for action which comes down to the usual, instinctive reaction of those in political power who find themselves frustrated by events in the real world. Namely ... prosecute somebody. Or threaten to,…

A Disappointing Jobs Report

Irwin M. Stelzer · April 7, 2012

It is no easy thing to peer through the fog of recent economic data. Confidence that the economic recovery would accelerate ran into a not-so-good job report Friday. To the chagrin of the president’s reelection campaign team, only 121,000 workers were added to private sector payrolls in March, far…

Romney's Latest Ad Warns of Obama 'Attack Machine'

Daniel Halper · April 4, 2012

Mitt Romney's latest campaign ad says that President Obama's "attack machine" is "spending millions to sling mud, err oil at" the Republican candidate "because in the five states where Obama is attacking Romney, gas prices have roughly doubled."

Politics Sucks the Energy Out

Irwin M. Stelzer · March 31, 2012

It’s been more than three years since Barack Obama was elected on a pledge to “transform” America. Two of the industries in his sights were health care and energy. Whether he will get to realize his vision of a government-managed health care system depends now on the Supreme Court, which will…

Mass. GOP: Warren Wrong on Energy

Michael Warren · March 30, 2012

The Massachusetts state Republican party has a new ad highlighting Democratic Senate candidate Elizabeth Warren's opposition to the construction of the Keystone XL pipeline. "Keystone Pipeline Means Thousands More Jobs and Cheaper Gas," the text of the ad reads. "Yet, Warren Opposes It." Watch the…

Congressman Grills Energy Secretary

Daniel Halper · March 21, 2012

President Obama's secretary of energy, Steven Chu, is a smart guy. But in these two clips, from a hearing on the Hill yesterday, Rep. Jim Jordan seems to get the better of the cabinet member:

Anti-Occupy Protest Takes on Bird Killing Wind Turbines

Daniel Halper · March 12, 2012

An anti-Occupy Wall Street movement (who call themselves  "Occupy Occupy D.C.") protested bird killing wind turbines today at Freedom Plaza in Washington, D.C. The group gathered "to highlight the threat that wind, a celebrated alternative energy source, poses to the American bird community,"…

Gas Price Perfidy

Mario Loyola · March 3, 2012

Speaking at the University of Miami on February 23, Obama again revealed his remarkable gift for oratory. He denied any responsibility for the rising gas prices and instead took the credit for dramatically increased domestic oil production. This took real artifice. Even as a candidate Obama…

Forget Energy Independence: Producers Have America Over a Barrel

Irwin M. Stelzer · January 21, 2012

On Monday, the European Union is expected to decide to boycott Iranian oil. If it does—nothing is ever certain when EU policymakers gather, least of all a firm decision—Iran says it will close the Strait of Hormuz, through which 20 percent of the world’s oil moves to market. That country’s navy…

Two Underlying Economic Shifts

Irwin M. Stelzer · December 10, 2011

We all spend so much time trying to make sense of the daily data deluge—retail sales, jobs, exports, deficits, political polling—that we often overlook more durable shifts in the underlying economy. Two are worth considering.

Powering Down

Adam J. White · November 21, 2011

American energy policy is increasingly defined in terms of what is prohibited, not what is promoted. Coal, nuclear, and natural “shale” gas all have been hampered by the current administration. And the last three weeks have offered two more examples of how America’s byzantine energy laws and policy…

The Consequences of Obama's Punt on the Keystone Oil Pipeline

Mark Hemingway · November 16, 2011

The American, the online magazine of the American Enterprise Institute, has an article that's an absolute must read on the Keystone XL oil pipeline. Obama's decision to postpone a decision on building it until after the next election has been in the news a lot lately, but precious little of that…

An XL Problem

Daniel Halper · November 15, 2011

Speaker John Boehner and Alberta premier Alison Redford met yesterday to discuss the proposed Keystone XL pipeline project--and how President Obama has delayed his decision on the pipeline until after next year's election. As the speaker's office explains:

Up in Smoke

Jonathan V. Last · October 31, 2011

On October 12, Harrisburg, the capital of Pennsylvania, filed for bankruptcy. The move took most of America by surprise—​

Spanish Energy Firm Gets Billions in Loans from Feds

Michael Warren · September 14, 2011

Even as problems grow for Solyndra, the solar energy manufacturing firm that got a hefty stimulus-backed loan before going bankrupt earlier this month, the Department of Energy continues to issue large loans to companies. The Los Angeles Times reports on a newly approved loan of $1.2 billion to the…

New York Times Passes Gas

Steven F. Hayward · August 1, 2011

By now just about everyone has jumped on board the natural gas bandwagon (see “The Gas Revolution,” April 18, 2011). Its newfound abundance inside the four corners of the United States is proving to be a disruptive factor in the nation’s energy mix. Cheap natural gas adds to the pressure on…

Europe’s Anti-Nuclear Power Outburst

Henry Sokolski · June 30, 2011

In Western Europe, Fukushima’s power reactor disaster has produced a loud round of anti-nuclear power reactions. Germany says it will phase out atomic power by 2022, and the Swiss insist they will shutter their reactor fleet by 2034. Earlier this month, the Italian public rebuked Prime Minister…

‘Aiding and Abetting’ the Use of Fossil Fuels

Ethan Epstein · May 20, 2011

Longview, Washington—When an Australian shipping company named Millennium Bulk Terminals announced plans last November to open a coal export terminal in this port city of 36,000, few predicted any trouble. Millennium quickly bought the site on which the terminal would be located, a property on the…

Greens Gone Wild

Michael Warren · April 29, 2011

The way Alyssa Kent described the work of her school’s environmental group, Campus Greens, was almost quaint. “We’re building a garden, and we’re going to supply the lettuce that we grow to the school cafeteria,” said Kent, a junior at Wells College in Aurora, New York. “And we’re about to start a…

BP One Year Later

Andrew Wilson · April 18, 2011

Just before 10 p.m. on April 20, 2010, disaster struck the giant Deepwater Horizon oil rig. Crew members aboard the rig were in the final hours of attempting to secure a “nightmare well” about a mile deep in the Gulf of Mexico for temporary closure and later production. Undetected, a large quantity…

The Gas Revolution

Steven F. Hayward · April 18, 2011

When Andrew Liveris took over as CEO of Dow Chemical at the end of 2004, the company was in the midst of a wrenching reorganization that saw it shed 7,000 jobs​—​14 percent of its workforce​—​and close 23 older chemical plants in this country. Looking ahead to a new product cycle in a fast-growing…

Energy in the Executive

Matthew Continetti · March 21, 2011

Anyone who’s been to a gas station recently knows the feeling. There you are, about to refuel, when you see the price of regular gasoline: about $3.52 per gallon, up 77 cents since 2010. Your pulse quickens. Your stomach sinks. Because this is not a dream. The days of $4.00-a-gallon gas are about…

The Long and Short of Energy Prices

Irwin M. Stelzer · March 18, 2011

The disaster at Japan’s Fukushima Daiichi nuclear plant, and the upheavals in the Middle East are the sort of events that send economists back to their forecasters’ drawing boards. As usual, there is a tendency to confuse the long-run and the short-run, and to blame developments that were due to…

Colliding with Reality

Jonathan V. Last · October 25, 2010

The age of the electric car is here. Everyone says so. There it is emblazoned on the cover of the latest Wired magazine: “The age of the electric car is here. CHARGE!” In the New York Times, Thomas Friedman laments that the Chinese are embracing the electric car while America (sigh) is again…

Nuclear Socialism

Amory Lovins · October 25, 2010

Given Americans’ increasing anxiety over made-in-Washington socialism, it’s a wonder that the nuclear power industry has escaped scrutiny for so long. The federal government socializes the risk of investing in nuclear power while pri-vatizing profits. This same formula drove the frenzied…

Power Surge

Steven F. Hayward · October 25, 2010

With the collapse of cap and trade in the Senate and the prospects dim for a measly renewable-energy mandate for electric utilities in a lame duck session, the dreams and schemes of the climate campaign and energy reformers have hit the wall. As long as oil prices remain moderate and gasoline…

Senate to America: Your Jobs Don’t Matter

Thomas Pyle · August 9, 2010

At a Washington, D.C. event earlier this week, Gulf State residents feeling neglected by policies that punish workers in the oil and gas sector sent Congress a simple message: “My Job Matters.” A new amendment put forward by Democratic Senator Max Baucus and added ironically enough to a small…

The Day After November 2

Matthew Continetti · August 3, 2010

In July 1994, Michael Barone raised the possibility that the Republicans might capture the House of Representatives for the first time in 40 years. Sixteen years later, Barone is revisiting his methodology and seeing what it may portend for November 2, 2010. As you probably already know, things do…