Michael Giberson Koch Industries and various groups supported by the Koch brothers’ political donations are opposed the Boone Picken’s plan to provide government subsidies to anyone who makes or buys natural gas power vehicles. The position seems consistent with the Koch’s generally libertarian policy outlook, though the company is involved in the natural gas industry …
Michael Giberson A few years ago we mentioned a study, “Abnormal Returns from the Common Stock Investments of the U.S. Senate,” finding that U.S. Senators as a group outperformed the market in their stock holdings. The researchers are back now with a similar examination of the U.S. House of Representatives, titled, simply enough, “Abnormal Returns …
Abnormal Stock Market Returns for Members of the House of Representatives Read More »
Michael Giberson Politicians show up, grinning for the cameras at groundbreaking, they come applauding the expansion announcement (and why not, public tax breaks and other policy support for solar power manufacturers were chief among the reasons the plants were built in the first place), but where are the toothy smiles of supporting public officials when …
Michael Giberson Energy stories from around the web. Financial Times, Gas threat to wind farm growth – “Construction of new wind farms in the US is set to decline next year because of competition from cheap natural gas for power generation, the country’s largest developer of new wind power projects has said.” Greentech grid, California …
Cheap Natural Gas Upsetting Wind Development Plans, and Other Energy Stories Read More »
Michael Giberson From The Hill’s Energy & Environment blog, “House Dems: Koch brothers could benefit from oil pipeline approval“: Top Democrats on the House Energy and Commerce Committee want to know whether the Koch brothers stand to benefit from the approval of a controversial oil sands pipeline. Reps. Henry Waxman (D-Calif.), the committee’s ranking Democrat, and …
Waxman to Koch Industries: “Are You Now or Have You Ever Been a Capitalist?” Read More »
Michael Giberson Image: MDOHKYgasprices_APR20_gasbuddy hosted on Flickr. Chart created at GasBuddy.com. Kentucky: Attorney General Jack Conway filed a motion last week seeking a temporary injunction to force Marathon Petroleum Co. to return its gasoline prices to April 26 levels, the date the state’s Governor declared a state of emergency due to flooding. From WLKY.com: Attorney General …
Gasoline Price Gouging Complaints Spur Kentucky, Maryland Attorneys General into Action Read More »
Michael Giberson To call the administration’s Oil and Gas Price Fraud Working Group a circus clown’s balloon would insult clowns and their balloons, but there are certainly similarities: both are capable of being twisted this way and that, both are filled by hot air, and both are wholly lacking in meaningful economic content. From the …
Lynne Kiesling Over the past six months the TSA has started using whole-body imaging scanners as primary screening devices without explicit Congressional authorization. Congress has only authorized the TSA’s privacy officer to solicit public comment and publish a privacy impact statement (according to EPIC’s lawsuit), and their authorization of TSA practices is implicit in their …
Homeland Security: Eroding Your Human Rights Without Any Benefit-cost Analysis Read More »
Michael Giberson With Exxon Mobil reporting $10.65 billion profits for the quarter, expect (1) news reports on the billions of dollars in profits the company is raking in even as consumers are faced with $4/gallon gasoline, followed by (2) outraged political commentary about how Exxon is profiting from consumer misery. Mark Perry, blogging at Carpe …
Mark Perry: Gasoline Taxes Vs. Exxon Profit, Per Gallon Read More »
Lynne Kiesling It shouldn’t surprise you to find, given my recent working paper on Adam Smith, sympathy, and mirror neurons that I am an avid reader of neuroscience writer Jonah Lehrer. His post today riffs off of President Obama’s birth certificate to muse on voter ignorance. In discussing some research on the subject, he observes …
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