No folks, it’s not Bernie Sanders’ Vermont nor Jerry Brown’s California Democratic Republic that’s about to get flushed down the economic toilet. We are talking about Nicolas Maduro’s Venezuela that he inherited from his predecessor Hugo Chavez.
“Planes, Trains and Automobiles” is not just the name of Steve Martin and John Candy’s 1987 everything-goes-wrong comedy film. It’s also the prospective casualty list of the foundation-led anti-fossil-fuel campaign called the Divest-Invest movement.
The year 2014 was another year of futility in the fight against climate change. Climatists redoubled efforts to convince citizens that urgent action is needed to stop dangerous global warming. But the gap between public warnings and actual events produced an endless stream of climate irony.
We all expect to pay a price for missing deadlines—fail to pay a ticket on time, and you may find a warrant out for your arrest. But the Environmental Protection Agency (EPA) can apparently miss deadlines with impunity.
The president summarized his strange dilemma as follows: “[Keystone] could create a couple of thousand potential jobs in the initial construction of the pipeline, but we’ve got to measure that against whether or not it is going to contribute to an overall warming of the planet that could be disastrous.”
Epstein points out the development and use of fossil fuels has benefitted the poor far more than the rich, making available to the person of average means, food, goods and services which even the rulers of old could hardly dream of. Fossil fuels grant freedom and free up time.
Republican lawmakers are pushing hard to corral President Obama’s rogue Environmental Protection Agency with stringent bills and a blunt warning against finalizing its most dangerous land grab ever, the pending redefinition of “Waters of the United States,” or WOTUS, which would seize power over almost any property that gets wet regardless of what it is or who owns it.
One-and-a-half million to 2 million men and women served in America’s defense during the Global War on Terror. According to the U.S. Department of Veterans Affairs, 250,000 service members enter civilian life each year—and that number will rise with the drawdown of soldiers from Afghanistan. As troops return home, they face a new fight: finding a job in a competitive labor market that doesn’t understand how their military experience translates into employees with discipline, organization, and motivation.
The ballots have been counted and the winners declared, but perhaps most important of all, the campaign ads are over. Ads for candidates, ballot measures, and specific issues monopolized commercial slots over the past few months. One of the most important issues this election cycle was energy development, especially as it pertains to hydraulic fracturing, also known as “fracking.”
The North Dakota oil boom is over. At least that was one of the recurring talking points at the North Dakota Petroleum Council’s (NDPC) annual meeting in Dickinson, North Dakota about a month ago. As the oil field has matured, life in the Bakken has started to become “more normal.” This shift has caused policymakers and local residents to change the way they talk about economic growth; as the boom has turned to bustle, the term “boom” has been replaced by “sustained growth.”
With recent news about Burger King and medical device manufacturer Medtronic relocating their headquarters outside of the United States to avoid high corporate taxes, the subject of corporate inversions has been a big topic of discussion in the media. While President Obama and the Treasury Department condemn these moves and construct roadblocks to prevent inversions, they fail to see the reasons that drive these corporations overseas.
British journalist Tim Montgomerie wrote October 18, 2014 for The Times “Our energy policy is insane: this the inconvenient truth”. The article described the plight of those in the United Kingdom saddled with energy policies that takes money from poor pensioners and gives it to wealthy landowners who profit from wind farms.
After years of rising gasoline prices, people are puzzled by the recent drop that has a gallon of gas at levels not seen in nearly four years. Typically in times of Middle East unrest, prices at the pump spike, yet, despite the violence in Iraq and Syria, gallon of gas is now at a national average of $3.
A new report from the Government Accountability Office (GAO) confirms what many small-government environmentalists have been saying for years: States are more effective at regulating the disposal of wastewater from hydraulic fracturing operations than is the Environmental Protection Agency.
The September 24, 2014 New York Times (NYT) had an article by reporter Gail Collins “Florida Goes Down the Drain—The Politics of Climate Change”. A more inflammatory title for the same article appeared in the September 27, 2014, The Atlanta Journal-Constitution as “Florida soggier as GOP ignores climate change”. Reading the articles shows the obvious intent to inject climate change into the November Florida elections—in particular the Governor’s race between incumbent Republican Governor Rick Scott and Democrat candidate Charles Crist. Ms. Collins portrays Governor Scott as uninformed about climate change issues with regard to sea level rise.
Thanks mainly to the shale revolution, oil production in the U.S. hit a 28-year high last month while imports were at their lowest levels since 1995. Consequently, prices have fallen 15% since June, and Saudi Arabia has cut production by 400,000 barrels a day — providing further evidence that OPEC no longer has the power to set prices.