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April 14, 2022
More Gasoline Gimmickry From the Biden Administration
Oh what a tangled web it weaves when first the Biden administration practices to deceive. That is a slight paraphrase of Sir Walter Scott’s famous observation, but it is wholly appropriate as a general description of the Biden administration’s desperate efforts to avoid political responsibility for the sharp increases in fuel costs for which its fossil-fuel…
March 28, 2022
Illiberalism’s True Colors
Nineteen-fifty-six—when the Soviet Union invaded Hungary—was, according to the Marxist historian Eric Hobsbawm, the year “British communists lived on the edge of the political equivalent of a collective nervous breakdown.” If 2016 did not constitute such a year for conservatives in the West, then perhaps 2022—when Vladimir Putin’s Russia invaded Ukraine—will, at least for those…
March 28, 2022
The Ukraine Tragedy as Political Opportunism
Never let a crisis go to waste, as the age-old Beltway wisdom goes, but one might think that the Ukraine crisis, in which thousands of innocents are dying and losing their homes, millions have been driven into refugee camps, and in which Russian military savagery is the order of the day, might give the usual…
March 17, 2022
Does the Biden Administration Deserve Blame for High Gasoline Prices?
Gasoline prices are nothing if not visible, and that such prices are high and rising is unlikely to help the party holding the White House. Average U.S. gasoline prices have risen from about $2.87 per gallon a year ago to $4.31 (as of March 16), an increase of 50 percent. It is unsurprising, therefore, that the administration now…
March 8, 2022
Observations on Banning Vs. Sanctioning Russian Crude Oil
Amid the ongoing debate in the U.S. about the wisdom of banning the importation of Russian petroleum, roughly 5-10 percent of total U.S. petroleum imports (crude oil and refined products), it is perhaps unsurprising that some basic principles are being forgotten, unfortunately a ubiquitous characteristic of Beltway analyses. In particular: A U.S. ban on the importation of…
February 17, 2022
Some of the Public Policies That Factor in Rising Energy Costs
Rising energy costs are highly visible and therefore not politically advantageous for politicians with constituencies comprising large numbers of energy consumers. And in politics, as the old saying goes, when you’re explaining you’re losing, a reality that drives most such public officials away from analytics — even if we assume that they understand them —…
February 9, 2022
Natural Gas Export Limits and the Brownsville U-turn
Once an entity with powers limited to those enumerated in the Constitution, the federal government has become a Leviathan, a central practice of which is the legalized theft of private property to be redistributed to favored constituencies. If additional evidence of this truth were needed, look no further than a recent letter from ten U.S. senators to…
February 3, 2022
Arnold Schwarzenegger Gets a Sunburn
News reports last month about a traffic accident involving former California governor Arnold Schwarzenegger noted that he was driving a GMC Yukon, a full-size sport-utility vehicle that decidedly is not among the vehicle choices favored by the environmental Left. Indeed, it is fair to describe it as a civilian approximation of an armored personnel carrier. And good for Arnold: he…
February 3, 2022
Improving Research Funding Efficiencies and Proposal Diversity Through NSF Science Lottery Grants
The United States no longer leads the world in basic science. There is growing recognition of a gap in translational activities — the fruits of American research do not convert to economic benefits. As policymakers consider a slew of proposals that aim to restore American competitiveness with once-in-a-generation investments into the National Science Foundation (NSF), less discussion has been…
January 26, 2022
How a Federal Regulator Is Hijacking Energy Policy
Sometimes you really do have to hit the mule between the eyes to get its attention. The mule of interest here is not a drug smuggler, but instead the Federal Energy Regulatory Commission, whose legal mandate is straightforward: “Economically Efficient, Safe, Reliable, and Secure Energy for Consumers . . . at a reasonable cost through appropriate regulatory and market…