Search Results for: "Ken Lay"
Relevance | DateThe Shale Gas Hit Piece: The New York Times (minus public editor Brisbane) Doubles Down on a Bad Bet
By Chris Tucker -- July 20, 2011 8 CommentsWhen New York Magazine reported earlier this month that the national editor of the New York Times had sent an internal memo laying out a “surprisingly detailed” defense of reporter Ian Urbina’s latest front-page attack on natural gas, the hope was that the memo would spur an equally detailed response by Arthur Brisbane, the Times’ public editor.
That hope was realized when Mr. Brisbane’s 1,100-word piece was postedon the paper’s website over the weekend, a column in which Brisbane takes square aim at the Times for going “out on a limb” and “lack[ing] an in-depth dissenting view in the text” (see the Appendix below for more of his piece).
The Brisbane piece is remarkable for a number of reasons and on a number of levels, continuing the healthy scrutiny that spontaneously emerged from various respected experts over the past three weeks.…
Continue ReadingExhausting the Reserve Fund: The Big Picture of the Limits to Big Government (Part II)
By Richard Ebeling -- July 19, 2011 1 CommentEditor Note: Dr. Ebeling’s two-part post (Part I yesterday) provides the necessary background to understand how debt reduction is driving energy policy. Regarding the budget fight, E&E News (see Appendix) reported yesterday: “As the proverbial eleventh hour looms for the nation’s maxed-out debt limit, this week brings energy-policy battles of all sizes — from how to divide offshore-drilling revenue to the lessons gleaned from recent oil spills — that will play out amid the larger fiscal showdown.”
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… Continue Reading“Austria was successful in pushing through policies that are popular all over the world. Austria has the most impressive records in five lines: she increased public expenditures, she increased wages, she increased social benefits, she increased bank credits [monetary expansion], she increased consumption. After all these achievements she was on the verge of ruin.”
Jimmy Carter's 'Malaise Speech' of July 15, 1979: An Energy Moment to Remember
By Robert Bradley Jr. -- July 15, 2011 4 Comments[Editor Note: Carter’s April 1977 energy speech was also reproduced and commented upon at MasterResource.]
Thirty-two years ago today, President Carter and his energy advisor James Schlesinger got it all wrong in an emergency television address to the nation. Their neo-Malthusian, government-as-engineer moment should never be forgotten but stand as timeless warning about the anti-market, anti-energy mentality.
In the summer of 1979, many Americans were stuck in the gasoline lines. There was a lot of lost time and nervousness. There was fighting and worse. The market as a buffer of civility was gone. Americans were not used to such a predicament and had the common sense to know that something was very abnormal and not to be tolerated. They were mad.
Here is the background of his energy speech, considered as the most important speech of his presidency:
… Continue ReadingOn June 30, 1979, a weary Jimmy Carter was looking forward to a few days’ vacation in Hawaii, as Air Force One sped him away from a grueling economic summit in Tokyo.
Wind Costs: Connecting Some Dots
By Kent Hawkins -- July 14, 2011 12 CommentsThere has not been much published on wind costs, except, generally speaking to give the impression that they are reasonable and manageable. Unfortunately, at the level of wind implementation being contemplated, particularly in the Western world, the costs are an unsupportable amount of national wealth.
On the other hand, there has been a considerable amount published on the impact of introducing large amounts of wind into electricity systems, most of it again claiming manageable considerations. Those that cite Denmark should review this series of posts. I am not aware of any conclusive analyses supporting wind integration, as most are superficial at worst, or limited in some considerable way at best.
I expect in time, based on a proper analysis, or through further real, and unhappy, experience, that none of the claims for wind will be confirmed.…
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