Category Archives: Energy

Fund focuses on American foes who fume over falling fuel prices

John Fund notes with interest in a National Review Online column that recent improvements in fuel prices mean bad news for American foes. [T]he recent 40 percent collapse in oil prices down to the $60-a-barrel range is leading to a lot of hand-wringing among oil-producing nations that are also America’s adversaries. The distress is afflictingContinue Reading

Stossel challenges some basic tenets of climate alarmism

John Stossel‘s latest column at Human Events asks global warming alarmists to weigh benefits along with costs as they assess the impact of fossil fuels. Let’s agree for the sake of argument that this recent warming was partly caused by humanity. Let’s also agree that there are some negative effects, including more frequent coastal floodingContinue Reading

National Review editor praises the ‘drill, baby, drill’ movement

Rich Lowry devotes his latest National Review Online column to giving thanks for those who pushed a “drill, baby, drill” policy. The old Republican rallying cry “drill, baby, drill” was supposed to be simplistic sloganeering masquerading as policy. It turns out that it represented transformative wisdom. The fall in the price of oil — aboutContinue Reading

Another reason why falling oil prices mean good news

Lower oil prices are great for consumers. They’re also bad for America’s enemies, as Daniel Wiser reports for the Washington Free Beacon. U.S. adversaries that rely on oil exports to boost their economies are feeling the pinch of lower prices. Oil revenues account for significant portions of the budgets in Russia, Iran, and Venezuela. WilliamContinue Reading

Kudlow rebuts negative spin about oil prices

Lawrence Kudlow‘s latest column posted at Human Events challenges recent negative news reports about falling oil prices. Seldom has so much good news been portrayed so negatively. Oil prices continue to fall in the U.S. and around the world, but nearly everyone in the media is grumpy about it. The headlines today are among theContinue Reading

The return of the ‘useful idiots’?

Though Wikipedia tells us there’s no confirmed source within Lenin’s published works, the Soviet Union’s first chief bad guy is often credited with inventing the term “useful idiots” to describe those in Western countries who unwittingly advanced Soviet goals by supporting loopy lefty ideas. The phrase came to mind for this observer while reading EricContinue Reading

Barron’s Epstein finds good reasons to give thanks this year

Gene Epstein of Barron’s devotes his latest “Economic Beat” column to some key reasons he’s thankful as 2014 winds down. I also give thanks for an oil price that fell below $70 a barrel Friday, mainly because it bodes well for general prosperity, especially for low- and middle-income households—and yes, because it vindicates my forecastContinue Reading

Easton highlights another example of the law of unintended consequences

Tucked into Nina Easton‘s latest Fortune magazine column — focusing on Louisiana’s bipartisan “multibillion-dollar bet” to save the state’s sinking coastline —  is the following observation: Indeed, the main culprit behind the disappearance of the delta wetlands dates back eight decades—to the killer Great Mississippi Flood of 1927, after which the federal government built theContinue Reading