I have been trying to get inside the mind of OPEC lately and predict what they would do at this week’s meeting. Worldwide crude inventories have been falling, so the market appears to be undersupplied […]
When Will Saudi Arabian Oil Production Peak?
The eventual decline of oil production in Saudi Arabia will likely have a profound impact on all of our lives. This event will result in energy shortages around the world, and depleting oil supplies will […]
Conflicts of Interest
Critics often charge me with a conflict of interest for my position on grain ethanol. They suggest that I have something to gain by opposing grain ethanol. Often, a charge of bias will be the […]
Inventories are Falling Fast
There has been a lot of speculation lately over whether the Saudi oil production cuts over the past year have been voluntary. I have argued that they were voluntary based on a combination of what […]
Why Are Gas Prices Rising?
Gas prices are once again headed higher, and most people are probably wondering why. The Charleston Gazette (1) provides a typical reaction: Lee Franc, a client manager from St. Petersburg, spent about $40 to put […]
The Handy-Dandy Khosla Refuter
The web site Seeking Alpha has just published a new article on ethanol: Ethanol: A Few Myths Debunked To be honest, there are so many misconceptions and myths in the article that a better name […]
More Amateurs to Build Ethanol Plants
I couldn’t make this stuff up if I tried. The following was called to my attention in an e-mail earlier today after Ron Steenblik uncovered the story: Yuma doctor hopping on board booming ethanol trend […]
Wisconsin’s “Robin Hood” Tax
Those Bewildering Energy Markets Wisconsin Governor Jim Doyle has a new proposal for punishing those “greedy, gouging oil companies” for their “unfair profits.” His proposal is to rob from the “rich” – the oil companies […]
How to Make an Easy $875,000
No experience or special skills are required. You don’t even need good credit. But you are going to need a post office box and a (preferably catchy) company name. Looks like some of the good […]
The FTCR Slander Continues
I have written previously about the Foundation for Taxpayer and Consumer Rights (FTCR). You can see a list of these essays here. Their web site states: FTCR is a non-profit, non-partisan consumer watchdog group. We […]