Keystone XL Pipeline: Bureaucratic Hacky-Sack

By: Steve Maley (Diary)  |  August 10th at 03:00 PM  | 

The Obama Administration continues to play bureaucratic hacky-sack with what could be a key element of our nation’s secure energy future: the Keystone XL pipeline project. The new line would increase the export capacity of the Keystone Pipeline (placed in service 2008) by 700,000 barrels of Canadian oil-sands oil per day. The expansion would also facilitate the domestic movement of crude from the key storage | Read More »

Central Planning vs. The Market Economy

By: Steve Maley (Diary)  |  February 10th at 01:00 PM  | 

Today’s business news contains two seemingly unrelated stories, both on the energy front. The first tells the tale of Range Fuels’ foray into cellulosic ethanol, the process of making ethanol fuel, not from foodstuffs but from waste products such as wood chips. Even with government assitance with financing and with a Congressional mandate requiring customers to use their inferior fuel, Range Fuels’ project is a | Read More »