Post-Mortem for the Ethanol Tax Credit
A couple of weeks back, my boss asked a question that I could not immediately answer: The ethanol tax credit expired on December 31. The price of ethanol should have gone up afterward. Did it? How much has that affected the price of gasoline? I turned to my friends at the American Petroleum Institute for help. Their surprising answer, in part: API declined to answer | Read More »
The Inside Skinny on Offshore Regulation
Amidst the puffing, pontificating and finger-pointing in the aftermath of the Deepwater Horizon disaster, two large questions loom: Who will the Feds hold accountable? How can our government assure us that a big oil spill will never happen again? Quick answers, with a caveat (I’m an engineer, not a lawyer): BP, as operator. They can’t, and we should not expect them to.
Big Oil Sell Out?
I don’t know who disgusts me more — Sen. Graham, or the oil companies. Senators consider gasoline tax as part of climate bill Estimates put it in the range of 15 cents a gallon. Some oil companies are on board with the plan because it would cost them far less than other proposals to cut greenhouse gas emissions. Leading voices in the Senate are considering | Read More »