“In terms of affordability, availability and scalability – methanol and ethanol are the best prospects to [displace oil in transportation] quickly.”

– John Hofmeister, quoted in John Holeywell, “Q&A: He Ran Shell Oil Co. – and He Thinks We Use Too Much Crude,” Houston Chronicle, September 19, 2014.

Milton Friedman once opined: “The two greatest enemies of free enterprise in the United States … have been, on the one hand, my fellow intellectuals and, on the other hand, the business corporations of this country.”

Enter T. Boone Pickens, crony capitalist extraordinaire. Enter John Hofmeister, former president of Shell Oil Co. (2005–2008), the Houston-based U.S. subsidiary of Royal Dutch Shell. [1]

Hofmeister maliciously titled his signature book, Why We Hate the Oil Companies: Straight from an Energy Insider.…

“Enron was a political colossus with a unique range of rent-seeking and subsidy-receiving operations. Ken Lay’s announced visions for the company—to become the world’s first natural-gas major, then the world’s leading energy company, and, finally, the world’s leading company—relied on more than free-market entrepreneurship. They were premised on employing political means to catch up with, and outdistance, far larger and more-established corporations.

– R. Bradley, “Enron: The Perils of Interventionism,” EconLib, September 3, 2012.

A debate is currently playing out over the future of the Import-Export Bank, which comes up for Congressional reauthorization this September. In “End Corporate Welfare? Start With the Ex-Im Bank,” Tim Phillips, president of Americans for Prosperity, a free-market advocacy group, pin-pricked the notion that small business was the beneficiary of taxpayer-guaranteed loans.…

“But the truth is that Ohio’s renewable energy mandates have largely benefited only one group: entrenched monopoly fossil utilities like AEP, Iberdrola, and corporate behemoths like GE.”

Senate Bill 310’s attempt to freeze Ohio’s renewable energy mandate has elicited the typical partisan howls from Ohio’s green energy profiteers. They have been quick to paint the supporters of SB310 as slavish supporters of the much maligned Koch Brothers, FirstEnergy or other “dark fossil corporate profiteers”.

Curiously, these environmental group’s normally exquisitely tuned “corporate conspiracy radar” appears to have developed a massive wind-turbine-sized blind spot.

Consider:

• In 1998 it was Enron’s Ken Lay who  implored George W. Bush to extend subsidies for wind energy.  A quick scan of his letter reveals talking points that today could easily be mistaken for the Ohio Sierra Club: “Wind is the fastest growing new electrical generation technology in the world today and has rapidly decreased its production costs until it is close to being competitive with conventional generation technologies.”

“When a liberal says it’s time for you to shut up, it usually means they’re losing an argument. When they want you arrested and prosecuted, well….”

– Steven Hayward, “Climatistas Double Down on Stupid,” Power Line, March 29, 2014.

When faced with a powerful, threatening argument to a troubled paradigm, those in denial will first ignore. If this does not work, they will ridicule. And it this does not work, they will shout and even use hateful talk.

“You just don’t get it,” Jeff Skilling would tell Enron’s detractors. Ken Lay, in the middle of his company’s implosion, likened short sellers and media critics to ‘terrorists’ (his last speech to employees was a few months after 9/11). The Enron duo wanted an undeserved peace. They were really saying: “Stop the criticism.…