Argentine Kleptomania Strikes Again

May 3, 2012

Argentina’s seizure of Spanish-owned energy assets is a warning to other multinationals: Don’t expect any better treatment.

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It Isn’t A Strategic Popularity Reserve

March 23, 2012

Strategic oil reserves are for supply disruptions, not high prices and low poll numbers. Yet Obama contemplates a double dip.

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Leading From The Rear On Energy, Again

November 17, 2011

The administration decides to delay a decision on Keystone XL. It’s one more example of leadership-from-the-rear that is taking us nowhere.

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Paying Pirates Is Delivering The Expected Results

October 3, 2011

We are getting what we paid for, as pirates take a successful business model to new markets.

Mixed Reviews At Home But Boffo In Beijing

June 28, 2011

President Obama’s decision to tap America’s Strategic Petroleum Reserve is getting mixed reviews at home, but some foreign audiences should be on their feet to applaud. Beijing’s central planners must love the American president’s determination to bring down the price of their imported oil without asking them to touch one drop of their own strategic reserves. Italy’s business and political elite, cut off from their usual supply of light, sweet …

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Obama Energy Policy Lies In Japan’s Rubble

March 15, 2011

Amid the devastation of Japan’s earthquake, tsunami and nuclear disasters lies one more victim: President Obama’s we-can-have-it-all energy policy for the United States. Less than two months ago, the president called on Congress to mandate that we draw at least 80 percent of our energy from so-called “clean” sources, including nuclear power, within 25 years. “Some folks want wind and solar,” the president said in his State of the Union …

Going After ‘Idle Iron’

September 24, 2010

If you can’t keep people employed digging holes, pay them to fill the holes they have already dug. That seems to be at least part of the logic behind a new mandate from Interior Secretary Ken Salazar. The mandate, which the federal Bureau of Ocean Energy Management, Regulation and Enforcement issued last week, requires oil and gas companies to permanently plug about 3,500 out-of-use wells in the Gulf of Mexico. …

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The Big Rigs Run Through It

January 14, 2010

In Missoula, Mont., traffic signals will be moved and power lines will be buried later this year, because the big rigs are coming to town. The Kearl Oil Sands Project in northeastern Alberta is scheduled to get under way in 2012. But, before Imperial Oil Resources and ExxonMobil Canada can begin extracting oil in an enormous strip mine that will be visible from space, they need to bring in the …

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