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After working for two years to drive up the price oil, the administration tries to temporarily lower the price in an effort to drive up the President's approval numbers. Also, the editorial notes the fun fact that we can get ONE MILLION barrels a day if we are allowed to drill more in Alaska WSJ (6/24/11) reports: It wasn't long ago that the Obama Administration was trying to drive up the price of fossil fuels to reduce carbon emissions, promote "green jobs" and save the planet from global...
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Employment Prevention Agency gets spanked by House Members for 6 year delay in issuing permit to allow drilling in Rich Alaskan Waters. Senators, rumored to never buy their own gas, now on the Hot Seat, as Americans ask, "Hey Senate....are YOU the holdup on getting more jobs and cheaper gas?" Fuel Fix (6/22/11) reports: The House today passed legislation that would accelerate offshore drilling in the Arctic by curtailing environmental reviews of coastal oil exploration projects…The...
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When Congress’s Two Top Chemists – posing as Speaker Nancy Pelosi and Majority Leader Harry Reid -- mandated 500 million gallons of cellulosic ethanol be created out of thin gruel to power our 250 million vehicles by next year, they figured willing it was enough E&E News (6/21/11) reports: U.S. EPA today released proposed requirements for 2012 biofuels use under the federal renewable fuel standard (RFS), keeping levels for conventional ethanol and advanced biodiesel in line with the...
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Vrmmm, Vrmmm….Chevy sold 481 Volts last month Green Auto Blog (6/21/11) reports: Once again, General Motors is burying the monthly sales totals for the Chevy Volt. In a press release headlined "May U.S. Retail Sales Rise 9 Percent on Demand for Fuel-Efficient Vehicles," the Volt's sales numbers are not disclosed. Instead, the total – 481 – is in the detailed PDF of the Chevrolet brand sales totals and shows the car is suffering from another month-to-month drop; GM sold 493 in April....
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Even a blind squirrel finds a nut every once in a while - LA Times Editorial Board comes out hard against ethanol Los Angeles Times (6/15/11) reports: It isn't too often that Sen. Dianne Feinstein, a pro-environment Democrat from California, and Sen. Tom Coburn, a "drill, baby, drill" Republican from Oklahoma, agree on energy issues. Yet when it comes to the ethanol tax credit, an egregious form of corporate welfare that unites liberals and conservatives in opposition nationwide, they are of...
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The line in the sand has been drawn — 40 Senators took a stand against ethanol subsidiesThe Hill (6/14/11) reports: Thirty-four Senate Republicans voted Tuesday to advance a proposal eliminating a $6 billion ethanol tax break, which one GOP leader said struck a blow against the Taxpayer Protection Pledge…But the measure fell 20 votes short, 40-59, as most Democrats voted against proceeding… The vote came on an amendment sponsored by Sen. Tom Coburn (R-Okla.) to eliminate a 45-cent tax...
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New game we like to play, what will Mitt Romney say to get elected? Politico (6/3/11) reports: Despite the libertarian, small-government rhetoric from conservative candidates and voters, Republican presidential hopefuls aren’t ready to quit energy subsidies just yet...It sure sounds like GOP contenders are talking tough: Tim Pawlenty has turned on his old buddy, ethanol, and Sarah Palin called this week for cutting all energy subsidies, setting a tea-party-like marker that others may...
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You smell that?  Oil son, nothing else in the world smells like that.  The smell, you know that gasoline smell.  Smells like...victory.  Someday this war (on affordable energy) is gonna end Anchorage Daily News (5/29/11) reports: Robert Duvall won't be on board the ship that offloads Escopeta Oil's jack-up rig this week but he will be making a trip north once the company starts drilling for oil and natural gas in Alaska's Cook Inlet… A long-time friend of Houston-based Escopeta...
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Now let’s see if we can use the tax code to remove Secretary Salazar’s tax deductions and revoke his license to drive The Hill (5/23/11) reports: “Every day, Interior’s policies are costing more Gulf energy workers their jobs. But the Interior secretary needs a raise? That’s ridiculous - it’s offensive,” Mr. Vitter said in a statement to The Washington Times. “I’ll do everything I can to block his raise until Gulf energy workers are at least where they were in terms of work...
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HuffPo provides all the evidence for more domestic oil production, but then stops just short of admitting the benefits of affordable energy Huffington Post (5/20/11) reports: The price of oil eroded Americans' spending power over the last several months, according to new post from the Commerce Department….As oil prices have shot up and gas prices at the pump have followed, consumers and businesses have been forced to pay more for fuel. The average household monthly motor fuel expenditure...
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