In March, President Obama opened up more offshore territory in the U.S. to oil drilling. Then, a month later, this happens. Bad timing.
But it may be good timing for other federal action on our energy policies.
If spiraling gas prices and environmental disasters aren’t enough to move the needle, we’re [...]
Author Archives: CS
Gas is more than $3 and we’re staring at the largest oil spill in U.S. history — It’s a time for action.
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Ranking Republican on the House’s Natural Resources Committee has a vivid imagination.
An article today in the right-leaning Washington Times quotes Rep. Doc Hastings of Washington blaming the rise in the price of gasoline during the last year to the lack of drilling on U.S. soil. Interesting theory.
Washington’s esteemed representative went on to say that gas prices dropped so quickly following their high in [...]
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Appeared on Fox Business News today.
Fun segment on the current oil market and some of the points made in $20 Per Gallon.
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Harvard researchers score another point for expensive gasoline: carbon emission reduction.
A new study from Harvard’s Belfer Center for Science and International Affairs. says that to reach targets for greenhouse gas emissions cuts, gas prices will have to be raised as high as $7 per gallon, says a Times blog piece.
And as I’ve chronicled, there are a bevy of other ways we’d benefit from higher gas [...]
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Thomas Friedman isn’t always my favorite, but he nails this…
From today’s column in the Times.
The last two paragraphs make for a compact summary — and one that shouldn’t be debatable:
“Even if climate change proves less catastrophic than some fear, in a world that is forecast to grow from 6.7 billion to 9.2 billion people between now and 2050, more and more of whom will [...]
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Electric car realities heating up on the West Coast.
Cities such as San Francisco and San Jose are installing curbside plug-ins for electric cars. Times story here. San Francisco is going so far as to alter their building codes to require charging stations within new parking garages. (Hate to be the first developer dinged with that one!)
Overall this is a great [...]
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The Dead Cat Bounce and the 50% Rule? You can’t make this stuff up. But Rich Dad can.
Quite the witch’s brew of a column here by Robert Kiyosaki, author of Rich Dad/Poor Dad. He’s telling us where the stock market is going — sub 6,000 — according to a couple of steadfast rules: the dead cat bounce and the 50% rule. I think Citadel is opening a new hedge fund with both [...]
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The Audi Super Bowl commercial was awesome.
If you didn’t see it, please go do so right now. I’ve embedded the video below. The commercial was funny the first time I saw it during the game, but as with all things Super Bowl, I was a bit distracted (perhaps it was the 19-month-old boy, high on pizza, bouncing off the [...]
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Unsurprisingly, gas prices headed back up.
They’re well past $3 in Chicago now; heading there across most of the country now. This January rise is the same pattern we saw in 2008. Not sure if we’ll get back to those 2008 heights ($4.50 per gallon) this year, but it’s possible if the economy holds up — far from a [...]
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New “old” story in WSJ today, highlighting oil companies’ efforts to score big finds in deep water.
The article once again recounts BP’s GIANT find in the Gulf from last fall. Never mind the fact that of those 3 billion barrels, only 1 billion are recoverable and that, ultimately, 1 billion barrels, while they may be worth $80 billion, is only enough oil to last the U.S. about seven weeks.
The article gets [...]
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