In the Pipeline: 9/14/12

  • 09/14/12
  • AEA
  • Blog
If he’s not shaking hands and preaching the good word in Small Town, USA, you can probably find Tom on cable news. AEA (9/12/12) reports: “I think they’re right in making the case that it’s time for this production tax credit to end. What has become, really, is just a boondoggle for the wind industry. We’re talking about an industry that has been getting this credit now for twenty years and now what’s happening is they’re literally distorting the markets that they’re in by...
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In the Pipeline: 9/12/12

  • 09/12/12
  • AEA
  • Blog
The scarcity narrative continues to break down under the pressure of technology, production, and American innovation. Market Watch (9/11/12) reports: “U.S. crude-oil production is expected to grow by 74%, or more than 4.9 million barrels per day to an average of 11.6 million barrels per day within 10 years, according to Platts’s energy data analytics unit Bentek Energy.”   Is EPA serious here?  Are they really defending giving money to China so it can become a more efficient...
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In the Pipeline: 9/11/12

  • 09/11/12
  • AEA
  • Blog
Wow!  A win, win, win.  Unless you are poor, in which case an energy tax is regressive.  Or unless you consume anything that uses energy when it gets made, or grown, or transported.  Or unless you think the link between carbon dioxide and catastrophic climate change is tenuous at best.  In those instances, it is a loss, loss, loss. Common Dreams  (8/28/12) reports: “While noting the raising taxes is never embraced by the mainstream of US politics, a new study released by researchers...
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In the Pipeline: 9/10/12

  • 09/10/12
  • AEA
  • Blog
This is from the Democratic Party platform.  It is like the Keystone XL pipeline project was never proposed.  It is an unperson. DNC  (9/12) reports: “In the last four years, President Obama and the Democratic Party have taken concrete steps to make us more energy independent. We’ve supported nearly 225,000 clean energy jobs and Americans are importing less oil, breathing cleaner air, and saving money on energy costs. Historic investments in clean energy technologies have helped...
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In the Pipeline: 9/7/12

  • 09/07/12
  • AEA
  • Blog
You do have to say this for the President:  he has no trouble separating himself from the reality of his record.  That is a really valuable skill in politics. AEA  (9/6/12) reports: ““On the eve of the one-year anniversary of Solyndra’s bankruptcy, Barack Obama made the latest in a four year string of empty promises about his plan to achieve American energy independence. Despite his pledge to create 600,000 jobs in the energy sector and 1 million new manufacturing jobs, President...
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In the Pipeline: 9/5/12

  • 09/05/12
  • AEA
  • Blog
He definitely should.  It would help the campaign tremendously. National Journal (9/4/12) reports: "A large group of Democratic donors is threatening to withhold money from President Obama’s reelection campaign unless he breaks his silence on climate change and responds directly to GOP presidential candidate Mitt Romney’s denigration of the issue at the Republican National Convention last week."   I had no idea that Pleistocene-era caliche deposits release carbon into the atmosphere...
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In the Pipeline: 9/4/12

  • 09/04/12
  • AEA
  • Blog
 

So the new automobile mandates kill people, increase the cost of cars, punish poorer people, and erode the solvency of the Highway Trust Fund.  Is there anything this crew can’t wreck? American Road & Transportation Builders Ass.  (8/29/12) reports: "As new cars and light trucks are purchased in the future and old ones retired, average fuel economy will improve, reducing the 2009 forecast of gasoline sales and HTF revenues by the amounts shown in the table.  The baseline for computing...


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In the Pipeline: 8/31/12

  • 08/31/12
  • AEA
  • Blog
This is why my native New York is doomed.  Even the “Republicans” are idiots. WSJ (8/27/12) reports: “Upstate legislators are opposing a plan to build an electricity transmission line from Canada to New York City, claiming the proposal to import lower-cost hydroelectric power would cost New York jobs.”   You would think that Nancy Pelosi would take time out from increasingly ridiculous press conferences to make sure that San Francisco is doing its part to destroy what is left of...
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In the Pipeline: 8/29/12

  • 08/29/12
  • AEA
  • Blog
Ken Green not only killed it, he squashed it like a bug.  Don't even think about mustering up a rebuttal to this gem. AEI  (8/28/12) reports: “So let us, once again, review why a carbon tax is a bad idea: 1) Taxes on carbon are not simply taxes on consumption, they’re a tax on production as well, since energy is a primary input to production (and is a growing share because of increasing automation). Taxing both production and consumption seems like a poor way to stimulate your economy,...
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In the Pipeline: 8/28/12

  • 08/28/12
  • AEA
  • Blog
Normally, this is called vandalism. On Wednesday, you’ll be encouraged to sign the bus, while also enjoying beef tenderloin and seafood for lunch. AEA invites you to join Stephen Moore, Senator John Barrasso, Representative Mike Pompeo, and Thomas Pyle, President of AEA for a free market energy forum on Wednesday, August 29th, at 11:30 in Liberty Plaza.       Perhaps not the largest surprise we’ve ever experienced. USA Today (8/27/12) reports: "It would be the second interruption...
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