Category: Energy

Toxic Assets, Financial Sector Projections and… Bubbles?

As many economically-informed Americans know, the Great Recession of 2007 was instigated largely by belligerent lending by some of the largest banks in the United States — specifically a crisis started by aspiring homeowners and banks, who both overestimated the future value of the home, and investors who largely misunderstood the financial instruments called derivatives, […]

The Wind Beneath the Waves

The $2.6 billion off shore Cape Wind project failed to meet deadlines to secure financing and to begin construction and the heavily subsidized wind farm is now going to “sink below the waves.” The millions in taxpayer subsidies already prove that this thing should not float. While other off shore wind farms are planned, falling […]

Volatility Myth of Energy

Brookings Institution’s article claiming that falling oil prices will not hurt renewable “clean” energy wrongfully tries to make a comparison. Oil prices do fluctuate a good amount, and are part of a really good openly traded market. Renewable energy sources such as solar and wind, are not openly traded in a market and are heavily […]

SOTU NCPA: The Invisible Hand and Unabated Oil Production

In OPEC’s 2014 World Oil Outlook (WOO), the energy giant projects sustained oil prices of over $100 per barrel for 2015 with slight drops in future oil prices as low as $95 per barrel… Recent events have proven their short-run projections to be dead wrong. In his State of The Union (SOTU) Address, President Obama […]

SOTU NCPA: Oil and Gas

Tuesday’s State of the Union address marks the onset of President Obama’s final two years in office. Although the President’s tax and education proposals championing so-called “middle class economics” will dominate the headlines, Washington faces no shortage of key energy issues on the 2015 agenda. While Obama is expected to boast the nation’s emergence as […]

SOTU NCPA: Energy Forecast or Lack of One

With the State of the Union Address tomorrow night, we can expect the president to talk about energy and environment ― much more about environment than energy. The president’s actions show how low of a priority our national security and energy independence is on his list of “top issues.” Besides speaking at international climate summits […]

Senators Plan to Raise the Gas Tax

The American public may be cheering falling gas prices, but they have Congress talking. Democrats and Republicans alike have started tossing around the idea of increasing the gas tax. This controversial proposal, while not exactly new, is gaining attention on Capitol Hill. How much money are we talking? According to the U.S. Energy Information Administration, […]

Still Too Early for Solar Energy

Many are claiming that solar energy is both great for the environment and a good investment. The focus has been on solar panels that are mounted on top of homes. Several nations and some states in the U.S., have been utilizing this renewable energy resource. However, solar energy is too new of an energy source […]

Volcanos as a Source of Renewable Energy

Harnessing the power of lava for energy sounds like a herculean task, but a group of researchers in Iceland think they are up to the challenge. Iceland ― which already fills a quarter of its electricity needs with geothermal energy ― is looking to expand its geothermal energy production with the Iceland Deep Drilling Project. […]

Keep Oil Prices Down by Passing Keystone XL

The Tampa Bay Times conducted a fact check on some statements made by Senator John Thune of South Dakota on Sunday. The fact check covered two main points: ―President Barack Obama’s own administration has done five environmental impact assessments of the Keystone XL pipeline According to the fact check, the U.S. State Department actually had […]