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Ethanol Mandates Distort Corn Market

  • 05/03/13
  • AEA
  • Facts

A recent Bloomberg article underscores the government distortions in the fuel and food sectors. The piece discusses the rising price of ethanol because of expected supply problems:
Ethanol’s discount to gasoline narrowed to a four-month low on speculation that the slowest pace of corn planting since 1986 will make it difficult to replenish supplies. The price difference, or spread, shrank 3.75 cents to 21.9 cents a gallon. The Agriculture Department said in a report yesterday that 5...

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In the Pipeline: 5/3/13

  • 05/03/13
  • AEA
  • In the Pipeline
These are the people on the other side. Watts Up With That (5/2/13) reports: “From the Fahrenheit 451 department comes this indictment of California’s higher education’s “tolerance” for opposing views. When I first got the tip on this, I thought to myself “nobody can be this stupid to photograph themselves doing this” but, here they are, right from the San Jose State University Meteorology Department web page:”   Fahrenheit_451   So, if someone lies to you, and they know they lied,...
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In the Pipeline: 5/1/13

  • 05/01/13
  • AEA
  • In the Pipeline
Apparently Al Gore has forgotten about his own invention. Hollywood Reporter  (4/30/13) reports: “Al Gore, one of Hollywood's favorite sons because of his commitment to the environment, rocked a large crowd in Beverly Hills on Tuesday with an impassioned plea to solve the ‘climate change crisis,’ part of which is getting media right… Gore lamented that a modern-day Thomas Paine would not be able to get his ‘Common Sense’ message to the masses today because he couldn't afford TV...
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In the Pipeline: 4/30/13

  • 04/30/13
  • AEA
  • In the Pipeline
Van Jones, previously Deputy Assistant to the President for Destroying Coal Miners' Jobs, deflects responsibility by pretending to care about the very people whose lives he and his former boss have worked so diligently to destroy. Twitchy (4/29/13) reports: “Jones is in St. Louis today to show his solidarity with the United Mine Workers of America and protest the ‘corporate greed’ of ‘Big Coal’:”   Why just women? Maybe it would drive some of the House Democrats to...
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In the Pipeline: 4/29/13

  • 04/29/13
  • AEA
  • In the Pipeline
Remember this? Well, the situation in Colorado is about to go from bad to worse. Fierce Energy (4//13) reports: “Colorado is closing in on new legislation that would more than double the renewable portfolio standard (RPS) for the state's rural electric co-ops, setting a goal of 25 percent of generation by 2020.”   Craig_Video_   There are two important takeaways here:  John Shively is far too nice for this job; and Mark Begich has just been introduced to the albatross that will be wrapping...
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In the Pipeline: 4/26/13

  • 04/26/13
  • AEA
  • In the Pipeline
I guess we have to give the Virginia Economic Development Partnership some props for “[having] grave doubts about the business model”. It doesn’t sound like things are working too well in Mississippi. NYTimes  (4/25/13) reports: “When Terry McAuliffe appeared with his good friend Bill Clinton at the ribbon-cutting for Mr. McAuliffe’s electric car company in July 2012, the campaign-style event, complete with “Born in the U.S.A.” blaring, was meant to supply the top line of his...
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In the Pipeline: 4/25/13

  • 04/25/13
  • AEA
  • In the Pipeline
No need to panic! The Obama Administration plays the market long. We’ll recoup these “investments” during His Majesty’s fourth termYahoo  (4/24/13) reports: “The Obama administration was warned as early as 2010 that electric car maker Fisker Automotive Inc. was not meeting milestones set up for a half-billion dollar government loan, nearly a year before U.S. officials froze the financing after questions were raised about the company's statements, newly released documents...
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In the Pipeline: 4/24/13

  • 04/24/13
  • AEA
  • In the Pipeline
Don’t let your children out of sight: “The more we learn about a gas-drilling practice called hydraulic fracturing—or ‘fracking’—the more we see it as a zenith of violence and disconnect…”Weekly Standard  (4/29/13) reports: “Recognizing the significant environmental benefits of natural gas as a source of electric power, some prominent national environmental groups, such as the Environmental Defense Fund and NRDC, have mostly supported the increase in domestic gas...
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In the Pipeline: 4/23/13

  • 04/23/13
  • AEA
  • In the Pipeline
The EPA is completely unhinged. The Hill (4/22/13) reports: “The Environmental Protection Agency (EPA) objected Monday to the State Department’s draft review of the proposed Keystone XL oil sands pipeline route, saying it included “insufficient information” on environmental issues.” The negative consequences of government mandates are very real. Rural Coloradans are about to get slapped in the face if the bozos in Denver have their way. Heartland  (4/12/13) reports: “A 2011...
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Rep. Scalise on the Carbon Tax

  • 04/22/13
  • AEA
  • Multimedia