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Candidates & Energy: Obama Revisited

The US Presidential election is now under three weeks away, after the longest campaign in living memory. Unsurprisingly, after several years of escalating oil prices, energy features prominently in the programs of both candidates, as does a response...

Posted October 15, 2008    

All Those Green Jobs

A full-page ad appearing in today's New York Times, Wall Street Journal, and Washington Post reminded me of a topic I've meant to cover for some time. Frequently during this election campaign, including the primaries, we have heard candidates extol...

Posted October 9, 2008    

Tenth Time Lucky?

As the House of Representatives today takes up the financial rescue package passed Wednesday night by the US Senate, the renewable energy industry and its supporters now have two dogs in this fight. Restoration of the normal functioning of the...

Posted October 3, 2008    

Presidential Debate: Energy Issues

In a presidential debate focused on foreign policy and the ongoing financial crisis, it was entirely appropriate that the subject of energy came up as often as it did. The two Senators discussed energy in at least three different contexts: the...

Posted September 29, 2008    

Conference Highlights

I spent the last three days at the annual energy investment conference held by the sponsor of this blog, John S. Herold, Inc. Many of the panels I attended were overshadowed by the enormous uncertainty about the US financial system and pending...

Posted September 26, 2008    

The Low-Growth Scenario

Who would have guessed as recently as two years ago that the story that finally pushed the energy crisis off the front page would turn out to be a major global financial crisis? Of course, energy--specifically its environmental consequences, along...

Posted September 22, 2008    

Missing the Boat

When I consider what happened in the House of Representatives this week, passing a "drilling bill" that appears highly unlikely to stimulate more exploration and production--and might actually result in less--I look at two factors. Aside from the...

Posted September 19, 2008    

What Compromise?

I can't think of a single occasion on which I've reviewed the details of a piece of pending Congressional legislation when I haven't regretted the unintended civics lesson the experience provided. Poring over the text of the House Leadership's...

Posted September 17, 2008    

Climate Change and Unconventional Oil

While Americans are focused on the debate over expanded oil drilling, which might eventually add up to a million barrels per day of incremental oil production, a much larger expansion is underway north of the border, tapping Canada's oil sands...

Posted September 16, 2008    

The Storm Spike

If you're wondering why the price of gasoline at your local stations has suddenly spiked, despite little movement in crude oil prices, and even if you don't live anywhere near Texas and the path of Hurricane Ike, here are a few factors to keep in...

Posted September 13, 2008    

Royalties in Kind

It almost reads like the latest thriller. Just as the Congress is about to consider compromise legislation to expand the portions of the US offshore that are available for oil and gas drilling, and with another major hurricane headed directly for...

Posted September 12, 2008    

When Is Cheaper Oil Bad?

Talk about a reversal of fortunes. A mere two months since oil was flirting with $150 per barrel, OPEC is considering production cuts to defend a $100 price floor and reputable journals are suggesting that $80 could soon be in sight. Whether this is...

Posted September 8, 2008