[T]he world continues to be awash in crude, and American frackers have replaced the Organization of Petroleum Exporting Countries as the world’s swing producers. The once-feared oil cartel is, to my mind, pretty much finished as an effective price enforcer.
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America’s Never-Ending Oil Consumption
Posted May 16th, 2016 at 11:23 am (UTC-5)
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The United States accounts for less than 5 percent of the world’s population, but it consumes about 20 percent of the global energy supply. The average American citizen uses nearly two times as much fossil fuel as a person living in Great Britain….But politicians seem wary of telling Americans they need to cut back.
U.S.-Saudi Relations: Salman Snubs, Obama Shrugs
Posted April 25th, 2016 at 2:35 pm (UTC-5)
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The truth is that, with or without Obama, the fabric of interests that once tied the two countries together has been fraying for some time now….US needs less Saudi oil…the question of whether Saudi Arabia is more of an asset or a liability in the fight against terrorism is much more finely poised.
Want to Fight Global Warming? Forget Fuel Economy Standards and Focus on Land Use
Posted April 4th, 2016 at 11:28 am (UTC-5)
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[E]ven the Obama administration predicted that CAFE standards will have a negligible effect on global warming….One smart reform: Better land use policy….Despite a strong history of environmentalism and weather that is the envy of the world, the built environment in L.A. makes it unrealistic for most people to walk or bike to work.
The Case for Optimism
Posted October 28th, 2015 at 10:20 am (UTC-5)
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Fears that troubles in China will somehow pull the United States into another recession are overdone. It’s time for Americans to embrace optimism.
The Next Iranian Revolution
Posted June 26th, 2015 at 9:23 am (UTC-5)
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While American and Saudi oilmen look warily at the prospect of an Iranian renaissance, plenty of others are all but banking on it. Europe, for example, has spent years trying to wean itself off reliance on Russian natural gas.
How Energy and Conservation Became Partisan Issues
Although majorities of Americans cherish the environment and value readily available and reasonably priced energy, the elected officials, campaign activists and financial contributors who control our two major political parties portray it as a zero sum game.