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Relevance | DatePickens Plan III: More Retreat but Still Errant (SPR oil for nat gas)
By Robert Bradley Jr. -- May 14, 2013 3 CommentsWhen it comes to energy, T. Boone Pickens esteems government planning. When asked about President Obama’s recent proposal for an Energy Security Trust, Pickens responded:
That starts to talk about a plan. He’s going to fund something to start something…. Make a plan … and do something different.
And low and behold, Pickens is crusading with yet another energy plan, his third in the last six years. As before, his animus is against Big Oil (see Appendix) and his fondness for personal dollars.
Pickens Plan III proposes that the federal government sell oil from the Strategic Petroleum Reserve (SPR) to jump-start the costly transition from oil to natural gas to fuel transportation. We don’t know the details yet, but T. Boone in March began pushing his new plan in the national media and local press.…
Continue ReadingThe Perils of Energy Technocracy
By Donald Norman -- May 10, 2013 1 Comment“There is no evidence that government scientists and engineers are better at forecasting the future and know how the future will play out better than the scientists and engineers in private companies. Technocrats ignore the fact that private companies also hire scientists and engineers, (not to mention MBA’s and economists) and make investments based on their outlook for the future.”
The technocracy movement that arose in the early part of twentieth century advocated turning over the reins of governmental decision making to scientists, engineers and other “technocrats”. It was argued that the expertise of technocrats would result in better decisions than those made by private companies.
The idea of technocracy was embedded in the concept of central planning and was heralded by Thorstein Veblen and embraced by the Soviet Union. In the early years of the Great Depression the movement enjoyed renewed popularity, the belief being that technical, rational and apolitical expertise could revive the economy.…
Continue Reading“Wind Power: A Turning Point” (Revisiting Worldwatch Institute Paper #45 from 1981)
By Robert Bradley Jr. -- May 6, 2013 No Comments“From all signs, the wind-energy field has reached that all-important turning point.”
– C. Flavin, Wind Power: A Turning Point (Worldwatch Institute: July 1981), p. 47.
Christopher Flavin, long associated with the Washington, DC-based Worldwatch Institute (see appendix below), was among the most thoughtful and prolific energy writer in the neo-Malthusian energy/environmentalist camp. His tone was positive, his writing clear, and his research well documented. Flavin’s work is scholarly compared to his (shrill) predecessor, Lester Brown, the founder of WorldWatch. Still, Flavin’s final products are little more than lawyer briefs for energy/climate alarmism.
Flavin is now paying the price for assuming alarmism to hype market-incorrect energies. He banked on wind and solar as primary energies despite the fact that they were dilute, intermittent, and environmentally invasive. Flavin pretty much forgot his early caution and warnings about windpower (see his introduction to Paul Gipe’s Windpower Comes of Age).…
Continue ReadingU.S.-Mexico Transboundary Hydrocarbons Agreement: A Rare Victory for Oil and Gas in the Obama Era
By Daniel Simmons -- April 30, 2013 No Comments“The energy and economic welfare of the United States and Mexico are intertwined by our shared geography, geology, and peoples. The Transboundary Hydrocarbon Agreement will help to tie our countries together and grow our economies.”
– Daniel Simmons, Testimony before House Natural Resources Subcommittee on Energy and Mineral Resources, “U.S.-Mexico Transboundary Hydrocarbon Agreement and Steps Needed for Implementation,” April 25, 2013.
Mexico is America’s third largest trading partner and has been one of the largest sources of oil exports to the United States. Mexico is the largest recipient of U.S. gasoline exports and the second largest recipient of our natural gas exports.
The energy trade between the United States and Mexico is growing, especially for America’s finished petroleum and natural gas exports. Mexico’s heavy oil production is falling, but that means more spare refining capacity on the Gulf Coast if Canadian oil sands can be transported to the Gulf Coast.…
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