Top 10 Energy Stories of 2008

Tis the season for Top 10 stories, and here are what I think were the Top 10 energy stories of the year. 1. Unprecedented volatility in the energy markets Oil prices raced to nearly $150 […]

Obama’s Change of Heart on WPT

It seems that President-elect Obama has had a change of heart on enacting a windfall profits tax on oil companies. That, among other things, is angering the liberal wing of the Democratic Party: Liberals voice […]

Come Again?

It seems that the Democrats have crafted a plan to “make America energy-independent of foreign oil within a decade:” Democrats are working on drilling bill WASHINGTON — Oil and natural gas producers might soon be […]

A Spite-Based Energy Policy

I would be remiss if I didn’t mention the latest attempt to pass a windfall profits tax on oil companies. You know, it isn’t the windfall profits tax itself that bugs me. It is the […]

Tyson Slocum Testimony

Consumer advocate Tyson Slocum recently testified before the U.S. House of Representatives Committee on Transportation and Infrastructure about the record high gas prices. I am going to resist the urge to do a deep debunking, […]

Windfall Profits: A Lesson from the U.K.

Regardless of your position on windfall profits taxes on oil companies, one thing has been demonstrated again and again. Governments consistently fail to accurately anticipate the consequences. As oil prices have increased, governments have seen […]