This blog, published in today’s Real Clear Policy, discusses how consumers can be adversely affected by public policies that try to encourage consumers to put solar power panels on their rooftop. To read and print the piece, visit Real Clear Policy.
This is the first in a series of ConsumerGrams designed to discuss the serious challenges facing competitive electricity markets. This first piece focuses on the problems confronting baseload power generation, including structural problems and market distortions that threaten grid reliability, energy security, and the nation’s climate change mitigation and environmental quality goals. This ConsumerGram summarizes […]
Alan Daley writes on why the Keystone XL project should be a simple and quick decision. You can read his piece at Real Clear Policy.
If the subject were export of materials such as scrap iron, timber, iron ore or electric power, there would be no political backlash. Indeed, improvements in our balance of payments and the creation of even a few jobs would be applauded. But for crude oil exports, it’s different. A rational and public consideration of crude […]
A recent CBS 60 Minutes segment called “Cleantech Crash” served an important purpose by reminding us of failures in government grant-making. Even with plentiful funds, government often lacks the good judgment needed to pick winners over losers in commerce and science, especially if the topic is the ever-so-stylish “green energy.” 60 Minutes reviewed Solyndra, a […]
The Obama administration prosecuted Duke Energy leading to a $1 million fine for accidently killing 14 golden eagles over a two year period at two of its Wyoming wind farms. Those “wind farms came on line before the Obama administration drafted voluntary guidelines encouraging wind energy companies to work with the Fish and Wildlife Service […]
America’s new found effectiveness in extracting oil and gas from underground deposits has boosted U.S. oil production from 5,077 thousand barrels per day in 2007 to 6,498 thousand barrels per day in 2012. Further increases are feasible if prices continue covering production costs. For decades, U.S. oil and gas consumption exceeded production and needed imports […]
In an economy with elevated unemployment, chronic under-employment, feeble GDP growth, and federal deficits as far as consumers can see, there is little stimulus to thank except for the Federal Reserve’s quantitative easing and the turnaround in US oil and gas production, driven by fracking. US crude production is up 2 million barrels per day […]
On a recent road trip through Oklahoma, Texas, New Mexico, Colorado, Wyoming and Montana, most of the oil well jack pumps that we saw were motionless – even though a few pumps continued rocking. Since pumps run while it’s economic to operate, most wells could not yield enough crude to pay for electric to the […]
The economic benefits from fracking (hydraulic fracturing of gas and oil-bearing shale) are widely understood. They include reduced oil imports, a lower deficit in our balance of payments, domestic jobs in energy extraction and in manufacturing that uses natural gas as a feedstock. However, the environmental dangers of fracking are poorly understood and are often […]