EPA Endangerment Showdown: Should Congress Heed Russell Train’s Advice?

By -- June 1, 2010 24 Comments

On June 10, the U.S. Senate will debate and vote on a resolution of disapproval (S.J.Res.26), sponsored by Republican Senator Lisa Murkowski of Alaska, to stop the U.S. Environmental Protection Agency from ‘enacting’ controversial global warming policies through the regulatory back door.

S.J.Res.26 would overturn the EPA’s endangerment finding, a December 2009 rulemaking in which the agency concluded that greenhouse gas emissions endanger public health and welfare. The endangerment finding is both trigger and precedent for sweeping policy changes Congress never approved. America could end up with a bundle of greenhouse gas regulations more costly and intrusive than any climate bill or treaty the Senate has declined to pass or ratify, yet without the people’s representatives ever voting on it.

At a minimum, as former Virginia Gov. George Allen and I explain elsewhere, unless stopped, the EPA will be in a position to determine the stringency of fuel economy standards for the auto industry, set climate policy for the nation, and even amend the Clean Air Act — powers never delegated to the agency by Congress.…

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The Bear Growls a Bit More Softly Now: New Adventures in Pipelinestan

By Donald Hertzmark -- May 7, 2010 No Comments

In the wake of the BP well blowout in the Gulf of Mexico and the attempted terrorist bombing of New York’s Times Square, the broadcast media have been full of the sackcloth and ashes crowd pronouncing once more the end of the hydrocarbon era and the vital need for the U.S. to “break our oil addiction” ASAP.

Their soundbites start with a half-truth and end with a fallacy.  We are told that “60 percent of U.S. energy supplies still come from oil and gas,” with the implication that (i) all of that is imported; and (ii) the pittance that we produce domestically all comes from offshore facilities.

 It is true that 60 percent (actually 62.5%) of our energy comes from oil and gas.  But the portion that comes from natural gas, about 24% of total U.S.…

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Empty Shell: The Unbearable Lightness of U.S. CAP (A critical look at Marvin Odum’s Op-Ed)

By -- March 11, 2010 5 Comments

Yesterday (Mar. 9), the Houston Chronicle published an op-ed by Shell Oil CEO Marvin Odum titled, Why Shell Oil Co. and I are staying in the U.S. Climate Action Partnership. It’s pretty thin on substance. Kinda reminds me of that ’80s film, “The Unbearable Lightness of Rent-Seeking.”

Maybe Mr. Odum got his marching orders from The Hague (Netherlands), or maybe he really believes cap-and-trade is good for the oil (and natural gas) business. These are strange times. Confusion abounds in high places.

In this post, I provide a running commentary on Odum’s column.  Odum’s verbiage is indented; my comments follow in bold type. 

Today, Washington is having the wrong energy and climate debate, and the future of the U.S. economy may be the biggest casualty.

A rather amazing statement, considering that the party of cap-and-trade controls the White House and the leadership of both the House and Senate. 

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Can Utility-Scale Batteries Rescue Intermittent Renewables? (Improvement, market shakeout, but no ‘silver bullet’)

By Robert Peltier -- March 10, 2010 9 Comments

All interconnected transmission and distribution (T&D) grids have one thing in common. Their operators must continually dispatch generators to keep the network’s supply and demand in balance at all times and to maintain its voltage and frequency within very tight tolerances.

The “simultaneity problem” is not shared by oil or natural gas or coal. It is a tough reality for electricity that Thomas Edison and countless inventors since him have tried to solve via affordable battery storage. 

So where are we today in terms of cost per kWh to use batteries to store power and, in the case of intermittent technologies, firm power? For utility scale battery systems, expect to pay between $1,000/kW and $4,000/kW, according to the Electricity Storage Association. The DOE’s optimistic assessment estimates those costs will drop to around $500/kW by 2012.…

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Global Warming is Responsible for … Everything Bad! (climate alarmism’s PR problem in one list)

By Robert Bradley Jr. -- February 27, 2010 5 Comments Continue Reading

New Oil and Gas Study: Robust Oil and Gas Resources Could Be Developed for Consumers and Taxpayers (big opportunity for decision makers!)

By Dave Harbour -- February 25, 2010 1 Comment Continue Reading

Houston Chronicle Endorses U.S. Offshore Drilling West, East, and Between (BP is ‘back to petroleum,’ not ‘beyond petroleum’)

By Robert Bradley Jr. -- September 6, 2009 No Comments Continue Reading

Micro-Nuclear: No Panacea

By Robert Peltier -- July 16, 2009 8 Comments Continue Reading

Capitalist Reform to Reduce International Oil Demand: Getting World Refiners to Price at Market

By Donald Hertzmark -- April 23, 2009 3 Comments Continue Reading