Category: Energy

How Gas-related Taxes have Created Unfunded Liabilities in Construction

As any responsible steward of income can probably state that any reduction in income must be met with a reduction in spending and likewise any increase in spending must be validated by an increase in available income, lest the reality of debt or re-appropriation of disposable funds becomes your only choice. The gas tax debacle […]

The Next Saudi Arabia? Lessons from Coober Pedy

In 1977, near the end of a decade of energy headaches, President Jimmy Carter addressed the nation in a speech that would bring the Department of Energy into fruition, give national attention to the need for the development of renewable resources, draw widespread criticism not only from OPEC-supporters but from scorned Americans and perhaps most […]

DOE Dedicates $12.5 Billion to Nuclear Energy

The Department of Energy’s Loan Programs Office will make $12.5 billion in loan guarantees available for Advanced Nuclear Energy Projects, according to a press release posted this morning. “With $40 billion of loan guarantee authority available to advance our all-of-the-above energy strategy, the Department’s Loan Programs Office has an opportunity to replicate its past successes, […]

The Demise of King OPEC

The rise of U.S. shale oil has signaled the beginning of the end for almighty King OPEC. But it has been Saudi Arabia that has hammered the nail in the coffin for the King. OPEC effectively worked in the 1970s influencing world oil supply and price because all members acted as a cohesive unit. Because […]

The Oil Price War Could Be Bringing About Imminent Change

OPEC has declared open season on U.S. shale oil companies through its decision to leave oil production unrestricted. On separate accounts, Matt Phillips and Steve LeVine insist that “the fallout could create a crisis” in the American banking market as well as the energy industry, while Bloomberg notes how China has capitalized on this escalating […]

United States to be #1 Energy Producer by 2020

At the current rate of energy resource production, the United States is set to surpass Saudi Arabia and become the top oil producer in the world as early as the year 2020. The U.S. also has huge natural gas reserves that are larger than Russia’s reserves. Energy booms are also happening in Canada and Mexico. […]

Big Battery Energy Project

Installing batteries in power lines helps manage supply and demand of energy to consumers. The largest power transmission and distribution company in Texas, Oncor, has a $5.2 billion plan that intends to use 5 gigawatts of batteries to store electricity at night and then use it during the day. Critics believe that this plan would […]

Fast-Track Keystone XL Plan Doomed to Fail

Coordination by the House and Senate to quickly pass the Keystone XL pipeline was doomed to fail last week. The coordination was awkward, to say the least, the House easily passed the approval of the pipeline, yet again, while the Senate had an entirely different situation. The Senate never had the votes to pass the […]

Power Politics: The Battle Over Keystone

The Keystone XL Pipeline got its vote, but not the results supporters were looking for. Supporters had renewed their hopes for passage of the pipeline after the resounding Republican victory in the midterm elections. Despite the President’s continued opposition to the project, the House of Representatives had remained staunchly pro-Keystone; Friday’s 252 to 161 passage […]

Congress Fast-Tracks Keystone XL Pipeline

A very overly political move in both chambers of Congress is happening right now. The House of Representatives pushed forward the approval of the Keystone XL pipeline last week. The Senate is planning to vote tomorrow on whether or not to approve the pipeline. President Obama has given many indications that he will veto the […]