Is There a Carbon Tax in Your Future?

    Amid the Fiscal Cliff foolishness, a carbon tax may offer conservatives a chance to “green their brand” while giving statists a tool to hobble the economy.

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    Dispatches from the Gulf … of Mexico

    ExxonMobil hits large Keathley Canyon discovery (Oil and Gas Journal, June 8, 2011). XOM announces the discovery of 700 million barrels equivalent (BOE) of oil and gas in 7,000 feet of water, 250 miles offshore Louisiana. Shell’s Cardamom to come online (Offshore247.com, June 9, 2011). Shell will bring on 50,000 barrels equivalent per day from its 140 million BOE discovery in 2,700 feet of water | Read More »