Less than a decade ago, major American energy companies were investing billions in constructing new terminals for importing liquefied natural gas — the cooled, dense state of methane that makes it economical for it to be transported by ship. Today, some of those same companies are contemplating spending billions to retrofit those facilities in order to export LNG. read more »
The Alternate Clean Transportation Expo held in Long Beach earlier this month was a spectacular display of engineering ingenuity by Natural Gas Vehicle providers. The event's theme was that America’s self sufficiency in natural gas has decoupled our energy resources from petroleum prices. But the consensus among the gathered engineers and scientists was to look beyond the current prices of petroleum alone, and consider that domestic self sufficiency includes keeping jobs at home. read more »
The first two years of the Obama Administration have been historic and eventful. The first openly liberal president in a generation has dramatically increased government spending and intervention in the nation’s economy. The federal deficit soared to $1.65 trillion dollars and 35% of Americans now receive some type of government assistance. read more »
The two largest crises today — the Japanese nuclear disaster and the widening unrest in the Middle East — prove it’s time to de-fetishize energy policy. These serious problems also demonstrate why we must expand the nation’s ample oil and gas supplies — urgently.
The worsening Japanese nuclear crisis means, for all intents and purposes, that atomic power is, if not dead, certainly on a respirator.
Some experts may still make the case that nuclear power remains relatively safe. Some green advocates still tout its virtues for emitting virtually no greenhouse gases. read more »
If they build it, will we come? Planners, utilities, auto industry execs, and retailers are hopeful that we will, as they get themselves ready for electric vehicles in the Dallas/Fort Worth Metroplex. This isn’t a pie-in-the-sky vision for the future. The reality is unfolding right now. In 2011, NRG Energy will install upwards of 70 car-charging stations across Dallas and Forth Worth. As the Nissan Leaf and the Chevy Volt begin to penetrate the D/FW market, NRG aims to capture the revenue stream from charging car batteries here, just it is doing in Houston. NRG’s news comes on the heels of electric utility TXU Energy's announcement of its own installation of twelve public charging stations being allocated across Dallas and Fort Worth. read more »
I was welcomed home to Chicago from visiting family on Christmas Day by a cold house and a gas furnace that wasn't working. The next day a repair tech gave me the bad news about a blown circuit board that would cost over $500 to replace. But I heard that were was a $1500 tax credit for energy efficient upgrades that was expiring at year end. With $2000 in “free money” to spend, I thought maybe furnace replacement might be a better option. At eight years old, the furnace might have more years of life. read more »
The change in congressional power this week is more than an ideological shift. It ushers in a revival in the political influence of the nation’s heartland, as well as the South.
This contrasts dramatically with the last Congress. Virtually its entire leadership — from former House Speaker Nancy Pelosi (D-Calif.) on down — represented either the urban core or affluent, close-in suburbs of large metropolitan areas. Powerful old lions like Reps. Charles Rangel (D-N.Y.) of Harlem, Henry Waxman (D-Calif.) of Los Angeles and Barney Frank (D-Mass.) of Newton, an affluent, close-in Boston suburb, roamed. The Senate was led by Sen. Harry Reid (D-Nev.), who loyally services Las Vegas casino interests while his lieutenant, Sen. Chuck Schumer (D-N.Y.), is now the top Democratic satrap of Wall Street. read more »
Democrats are still looking for explanations for their stunning rejection in the midterms — citing everything from voting rights violations and Middle America’s racist orientation to Americans’ inability to perceive the underlying genius of President Barack Obama’s economic policy.
What they have failed to consider is the albatross of contemporary liberalism. read more »
In the future, historians may likely mark the 2010 midterm elections as the end of the California era and the beginning of the Texas one. In one stunning stroke, amid a national conservative tide, California voters essentially ratified a political and regulatory regime that has left much of the state unemployed and many others looking for the exits. read more »
The harvest of this year’s U.S. corn crop is about 90 percent complete, and it is going to be a bin-buster. If it surpasses 2009's astonishing 13.1 billion bushels, it could become the largest in U.S. history. American farmers are growing more corn today than at any time in the past, and the trend is accelerating. The last five years have brought us five of the largest corn crops ever. Where to store the stuff is becoming an issue: When the bins and elevators are full, the corn is simply piled on the ground. read more »