Tag Archives: energy

Memo To Gas Price Conspiracy Theorists: It's The Oil Prices

Memo To Gas Price Conspiracy Theorists: It's The Oil Prices

Any time rising gas prices become a story, and the media loves to make it a story, the gas price conspiracy theorists come out of the closet. It’s a conspiracy, we’re told. It’s Big Oil cranking up prices to take windfall profits! You almost get the idea that gas station owners, after their secret meetings,

Shocker: Politicians Say "Not In My Back Yard" To Sequester

Parochialism is tearing this country apart. We desperately need to cut the federal government down to something taxpayers can actually afford, and while the sequester doesn’t do that it does at least represent substantial spending reductions. But “not in my back yard” say members of Congress, to the surprise of exactly nobody. Sen. Roger Wicker

Heidi Heitkamp Caught Not Standing Up To Obama Again

After a campaign for the US Senate in which she ran long and hard against President Obama and her national party, Heidi Heitkamp isn’t spending a lot of time following through on some of the promises she made. As the Obama administration moves to downsize America’s nuclear weapons arsenal, Heitkamp (who counted a group of

American Entrepreneurship Is Dying

Via Jim Pethokoukis, here’s a frightening chart: Free markets depend on creative destruction. Old ways of doing things are constantly replaced by new, better ways of doing things. So, we should want to see a steady number of jobs created by new businesses, but as the chart shows we’re not seeing that at all. Which

Are We In The Middle Of An Ethanol Bubble?

The 2007 U.S. energy bill mandated that a total of 15 billion gallons of renewable ethanol must be produced by 2015. Because of this, demand for corn has skyrocketed, and the impact of that market distortion has been felt across the crop markets. It’s not just corn prices that have soared, but as farmers have

Dorso Column: North Dakota Should Build The Keystone Pipeline

A review of North Dakota history would show that our legislature is at its best when it gives birth to some radical ideas. I am reminded of the establishment of the Bank of North Dakota, The State Mill and Elevator and state run workers compensation now known as WSI. Let’s try this one: If the

ND House Votes Down Two Year Income Tax Moratorium, Passes New Wind Subsidies

When I was in Bismarck last week visiting the legislature a Republican member of the House took me aside and told me that the Republican majority would be voting down a lot of tax relief proposals this week and wondered if I might curtail criticism until we see what kind of tax relief is left

Thanks Fracking: Americans Saving Billions On Natural Gas

This chart from Mark Perry shows spending by US consumers on natural gas since 1999: From Perry: According to data from the Department of Energy, the US price of natural gas delivered to residential consumers in November 2012 was $9.97 per 1,000 cubic feet (most recent month available). Adjusted for inflation, that’s the lowest residential

President Obama Calls For Ending Tax Loopholes Even As He Touts More Tax Loopholes

From the “you can’t make this stuff up” department: President Obama spoke three days ago about ending “loopholes and deductions that aren’t available to most Americans.” The Obama administration yesterday, however, “announced the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States.”

Can Obamacare Help Fight Global Warming?

We all know about Obamacare’s de facto 30 hour work week. The insurance mandate applied to full-time employees is inspiring many employers around the nation to cut hours for their employers. Also, the taxes included in that law are already costing jobs too. But you know what? Maybe it’s a good thing, because according to

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