Posts Tagged ‘energy’
The oil speculators are driving up the cost of oil myth
That’s right, it’s a total myth. For those of you who are unfamiliar with how the commodities market works, here’s a primer. If you are a speculator who thinks the price of oil is going up, you have to find a speculator who thinks the price of oil is going down. Got that? You have to buy oil…
Read MoreObama gets it totally wrong on oil production … again
Today, President Obama totally contradicted himself in the same paragraph, but it’s nothing new. He’s trying to claim we’re drilling a bunch of oil as compared to the past, but he’s refusing to tell you the full story, which is not that hard to understand.
Read MoreOil & gas companies prosecuted for bird deaths … Wind turbine companies not so much
The US Attorney for the state of North Dakota took seven oil and gas companies to court charging them with killing 28 migratory birds.
Read MoreConnecticut blocks windmills
This would be funny were it not so pathetic and duplicitous. Yesterday, the Connecticut Siting Council blocked the construction of a wind farm proposed by BNE Energy.
Read MoreBillionaire “Pickens Plan” falls flat – wind farm not viable
The Don Quixote Plan has fallen flat. In less than three years, more than $80 million was spent on marketing for T. Boone Pickens’ wind turbine power generation plan. After the efforts, Pickens – who made his original fortune in the oil industry – has given up on his grandiose wind farm plan and will focus on…
Read MoreRental property owners need not apply – Federal energy efficiency tax credits
In central Connecticut there are a lot of two and three family rental properties built in the 1940s through the 1960s. The last few years have been tough for renters paying for natural gas, oil and electricity. Many of those properties could benefit from insulation improvements, yet the federal government says “no way” to landlords…
Read MoreWill California “boycott” the energy they get from Arizona?
There seems to be plenty of huffing and puffing from Los Angeles politicians as they beat their collective chests about banning travel to, and doing business in, Arizona. But will the politicians refuse to take energy – and water for that matter – from their neighbor state?
Read MoreObama guaranties nuclear plant loans – environmentalists balk
President Obama will announce support for a new nuclear power plant in Burke, Georgia this week. In reality, he is approving the federal loan guaranty that would be required to build the expensive plant, but will he really go to bat against anti-nuke groups?
Read MoreVenezuela celebrates new year with power rationing
Apparently in South America, they welcomed 2010 with power problems. You cannot rely upon “green technologies” to fully meet your needs all the time and – in times of shortage – the government will ration the limited resource.
Read MoreObama administration to support offshore drilling… in Brazil
President Obama has elected to underwrite the cost of offshore drilling – in Brazil – with funds from the U.S. Treasury. So much for working to create energy independence.
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