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Category Archives: Energy
Tracking the Growth of American Authoritarianism
“Can There Really Be Fascist People In A Democracy?”Since the 1971 Powell Memo, America has moved closer and closer to Fascism.
The ‘Crude’ Realities of Oil Supply
In a recent email announcing the introduction of The Domestic Drilling Act (H.R.6593) and The Consumer Energy Supply Act (H.R. 6578), Congressman Nick Lampson (D-TX) stated, “As we find ourselves competing with rapidly growing nations such as China and India … Continue reading
Senator Kay Bailey-Hutchison – CEOs Are Her Real Concern
In Congress is drilling a dry hole, Senator Kay Bailey Hutchison tries to scare us into supporting the poor abused CEOs of the oil industry. I couldn’t resist. I had to send her the following message via her web site. … Continue reading
Gasoline Prices – Now With Prices and Emotions Falling, A Little Perspective
According to the Energy Information Agency (EIA) of the U. S. government, “In 2005 the price of crude oil averaged $50.23 per barrel, and crude oil accounted for about 53 percent of the cost of a gallon of regular grade … Continue reading
283,865,610,000 Gallons of Petrol – Breaking the Addiction, Maybe, Maybe Not?
The United States consumed almost 284 billion gallons of finished petroleum products in 2005. About half, 49 percent, went to power our autos, pickups, hybrids, and SUVs. Another 22 percent, distillate fuel oil (diesel and fuel oils), went to space … Continue reading
Oil Profits – Can’t Someone Else Pay for Them?
Every time the issue of oil profits makes the news or is part of a nearby conversation, I wonder why we only get upset with big oil? Why don’t we rant and rave about others who make fast growing profits … Continue reading
What Price Crude? – To Keep Our SUVs or Hybrids Humming
What are our options, the likelihood of their success, and when does it become cost effective to invest in those options? Continue reading
Big Oil Profits – Some Perspective, No Rhetoric
So, with the exception of Conoco Phillips, shouldn’t everyone be equally upset with all companies that have seen earnings growth that is even higher than Exxon Mobile? This includes Home Depot, Johnson & Johnson, Hershey Foods, Toyota, Walgreens, Coca-Cola. Continue reading
Excessive Profits? – What About Employee Benefits?
Yes, oil companies have seen an increase in their profits, but I’m more concerned about another company with high earnings. Not only has this company made $2.54/share in the last year, it has rewarded its CEO with $12.5 million in … Continue reading
Impose Windfall Profits Tax – Why?
Yes, a lot of small businesses and low income families are severely affected by the cost, but who should they be angry with? Continue reading
Oil – Capacity vs. Usage vs. Price
Jan 11, 2006, Personal Finance: World usage, 2006 – 29.565B barrels, plus .365B more each year China, 2006 usage – 1.46B barrels, 4.94% US annual usage – 7.54B barrels, 25.5% US consumption of crude Arab Oil Producer Costs – less … Continue reading