All Research

All Research

The Long and Winding Saudi Aramco Initial Public Offering Road
Article
American Enterprise Institute

The Long and Winding Saudi Aramco Initial Public Offering Road

The initial public offering (IPO) for up to 5 percent of the Saudi Arabian Oil Co. (Aramco) has been delayed several times recently, ostensibly due to a seeming difference of…

Massachusetts’ Lawsuit Against ExxonMobil Brings New Meaning to Silly
Article
RealClearMarkets

Massachusetts’ Lawsuit Against ExxonMobil Brings New Meaning to Silly

Attorneys General are supposed to enforce the rule of law. They are not supposed to use lawsuits to achieve policy outcomes not enacted by the legislature. They are not supposed…

The Trouble with ‘renewable’ Energy
Article
National Review

The Trouble with ‘renewable’ Energy

“Renewable” electricity — predominantly wind and solar power — is all the rage, described by numerous commentators, politicians, pundits, journalists, and other such “experts” as cost-competitive, clean, and a major…

Nigeria and the US: A Tale of Two Energy Economies
Article
RealClearMarkets

Nigeria and the US: A Tale of Two Energy Economies

When last we visited the topic of Nigerian energy markets and happenings, the reason that Nigeria simultaneously is energy-rich and energy-poor was illustrated by the ongoing tug of war between the Nigerian…

The Metastasizing Distortions of Electricity Favoritism
Article
National Review

The Metastasizing Distortions of Electricity Favoritism

Oh, what a tangled web we weave when first we practice to meddle in energy markets. The latest tangle began when the federal government and a large number of state…

USMCA Will Help Us Make the Most of Our Energy Resources
Article
The Hill

USMCA Will Help Us Make the Most of Our Energy Resources

Natural resources are an important component of national wealth, and the efficient allocation and use of those resources is an economic process yielding enormous benefits for ordinary people. Also axiomatic…

The Brownsville U-turn Redux: Cartelization of the Alberta Oil Sector
Article
RealClearMarkets

The Brownsville U-turn Redux: Cartelization of the Alberta Oil Sector

The U.S.-Mexico-Canada Agreement on trade promises to continue the large economic benefits of the earlier North American Free Trade Agreement, but one threat to those benefits has emerged in the…

Nigerian Officials Learn the Hard Way About Where Money Goes
Article
RealClearMarkets

Nigerian Officials Learn the Hard Way About Where Money Goes

Hope springs eternal, a human inclination affecting romance, dieting, new year’s resolutions, and a good deal more. International investing is prominent among the activities often influenced by a hope that…

Politicized Law Enforcement and the ExxonMobil White Whale
Book
The Hill

Politicized Law Enforcement and the ExxonMobil White Whale

The latest lawsuit against ExxonMobil (EM), filed by Acting New York State Attorney General Barbara Underwood, is straightforward: Got that? Underwood actually is arguing that EM should not concern itself…

Subsidies to Power Plants Are No Substitute for a National-security Plan
Article
National Review

Subsidies to Power Plants Are No Substitute for a National-security Plan

In an effort to deal with the market and non-market forces inflicting economic losses on coal- and nuclear-power plants, the Trump administration is seeking through regulation to force state and regional grid…

A Critique of Mark Perry on the Trump Energy Policy
Article
American Enterprise Institute

A Critique of Mark Perry on the Trump Energy Policy

My AEI colleague Mark J. Perry has written a short essay arguing that “Trump’s Energy Policy Is Deeply Flawed,” the central themes of which are: These arguments are rather uncharacteristic of…

The Curbelo Carbon Tax as Wealth Redistribution
Article
National Review

The Curbelo Carbon Tax as Wealth Redistribution

Environmental policy as a tool of wealth redistribution is nothing new. The latest example is a proposal for a greenhouse-gas (GHG) tax just introduced by Representative Carlos Curbelo (R., Fla.).…

The Senate Finance Committee Minority on the Trump Tax Cuts and Gasoline Prices
Article
American Enterprise Institute

The Senate Finance Committee Minority on the Trump Tax Cuts and Gasoline Prices

Demand and supply. Supply and demand. That fundamental analytic framework, simple and powerful as a tool with which to examine the sources of shifts in market prices, often is forgotten…

The Fuel Economy Standards in Beltway Conventional Wisdom
Article
American Enterprise Institute

The Fuel Economy Standards in Beltway Conventional Wisdom

I betray no secret when I report that reverence for the silliness embodied in conventional wisdom is a central characteristic of policy debates in the Beltway. No amount of evidence,…

BP and the Earth Day Prayers of the Rent-seeking Corporation
Article
American Enterprise Institute

BP and the Earth Day Prayers of the Rent-seeking Corporation

Earth Day is upon us yet again, and it is difficult not to notice its transformation into a vehicle for corporate virtue signaling: Full-page ads in national and local print…