Notwithstanding some recent declines, domestic crude oil prices in the U.S. are about 45% higher than when President Biden was inaugurated. Global crude oil prices are about 48% higher. U.S. gasoline prices are about a dollar…
By Benjamin Zycher | March 6, 2023
In the wake of the midterm election results, President Biden has made it clear that “I’m not going to change,” in particular with respect to his view that “the oil companies are…
By Benjamin Zycher | November 21, 2022
The joy of spending huge amounts of tax dollars — Other People’s Money — is a truth obvious and eternal, but the corrupting effects of a systemwide shift toward such…
By Benjamin Zycher | October 6, 2022
Note: This letter to the editor appeared in the Wall Street Journal on September 30th, 2022 in response to the Journal’s September 26, 2022 op-ed titled “Both Parties Should Support…
By Benjamin Zycher | September 30, 2022
While Sen. Joe Manchin (D-W.Va.) has withdrawn his own permitting bill, it is expected to surface again as Congress turns to permitting reforms to make it easier to build the necessary infrastructure for…
By James W. Coleman | September 30, 2022
Like the deeply destructive “Inflation Reduction Act” that will do no such thing, the “permitting reform” bill (summarized here) released last week by Senator Joe Manchin carries a title — “The Energy Independence and Security…
| September 27, 2022
The process of political meddling in energy markets is endless, an eternal truth that will not prove different for the energy provisions of the Inflation Reduction Act. Most public attention has been directed at…
By Benjamin Zycher | September 20, 2022
Always good for a laugh, the New York Times opinion page has few peers as a dependable repository of supreme silliness. Day after day, year after year: It delivers ignorance of basic…
By Benjamin Zycher | August 16, 2022
A number of perverse Beltway ideas never seem to die despite their underlying fallacies. The latest such nostrum is the argument that a renewed ban on the export of crude oil…
By Benjamin Zycher | August 9, 2022
Numerous news reports have emerged about the reforms to the energy infrastructure permitting process that Senator Joe Manchin has obtained as promises from President Joe Biden, Senator Chuck Schumer, and House Speaker Nancy…
By Benjamin Zycher | August 5, 2022
Note: This letter to the editor appeared in the Wall Street Journal on July 20th, 2022 in response to the Journal’s July 9, 2022 op-ed titled “Is a Carbon Tax…
By Benjamin Zycher | July 20, 2022
The Securities and Exchange Commission (SEC) is in the process of finalizing its proposed “climate risk” disclosure rule for public companies. But the SEC has a huge amount of work to do,…
By Benjamin Zycher | July 19, 2022
The “Do Something!” imperative so common in the Beltway as a response to the headlines of the day yields economic or policy improvement only rarely if at all. This cannot be…
By Benjamin Zycher | June 30, 2022
The Supreme Court just decided “the most closely watched environmental case in decades,” West Virginia v. U.S. Environmental Protection Agency. In the 6-3 opinion, the Court holds that the Environmental Protection…
By James W. Coleman | June 30, 2022
“Look at my eyes. I guarantee you: we’re going to end fossil fuels.” That was President Biden’s dramatic 2020 campaign promise. On his first day as president he began to…
By James W. Coleman | June 21, 2022