Oil Is King, For Now Renewable energy is not yet economically viable. But its day will come WASHINGTON – In an interview with FORTUNE magazine, Chevron CEO John Watson argued that, whatever the oil prices wild...
Impossible to Bring Back To the US Old Industries –Focus On New Technologies The US outsourced the entire supply chain on which manufacturers rely. Imnpossible to bring it back to America WASHINGTON – An interesting story in the WSJ focused on how some US companies are looking at the prospect...
Low Oil Prices Is The Only Bit Of Good News For Most Western Countries Let's celebrate cheap gasoline. But let's find ways to grow our economies, whatever the price of oil will be WASHINGTON – Western financial and business publications are now celebrating the collapse of oil prices. This unexpected Christmas gift is...
Will Low Crude Prices Kill The US Oil Boom? So far the experts are optimistic. But much will depend on the pace of cost cutting innovation WASHINGTON – Is the American sensational oil boom going to be killed by low crude prices? Opinions differ. But...
Germany’s Green Energy Revolution Based On Belief, Not Economics The government is mandating the use of renewable energy, even though it is more expensive than fossil fuels. Will this bet pay off? WASHINGTON – An interesting WSJ story, (Germany’s Expensive Energy Gamble, August 27, 2014), provides a good illustration of top-down...
US Should Use Abundant Domestic Natural Gas As Transportation Fuel Huge savings for the economy and for the American balance of payments WASHINGTON – In an otherwise thoughtful review of Obama’s energy policies, (WSJ, Obama’s Second-Term Energy Policy is Working, August 19, 2014),...
Power Africa? Great Idea, Poor Execution This ambitious power generation program assumed good coordination between the US Government, the private sector and African insititutions WASHINGTON – The same Obama administration that produced the messy Affordable Care Act, (Obamacare), and the totally mismanaged Department of...
Instead Of Funding Green Political Candidates, Billionaire Tom Steyer Should Use His Millions To Support More Research In Renewable Energy Forcing the adoption of immature renewable energy technologies will cost a fortune, without improving the environment WASHINGTON – TIME magazine has a lengthy portrait of Tom Steyer, (Green Giant, June 2, 2014), a California billionaire who decided...
Stale Economic Policy Debates In Europe Indicate Inability To Reverse Historic Decline Unions want jobs without any consideration about sectors and competitiveness. Employers speak with a tired voice WASHINGTON – A debate on French TV (France 24) featuring Pieter Timmermans, head of the Federation of Enterprises in Belgium,...
Ukrainian Prime Minister Yatsenyuk Both Defiant And Conciliatory In A Speech At The Atlantic Council The Ukrainian leader has received open support from President Obama on Crimea. But it is not clear how far the US and Europe are willing to go if Russia does not back down By Paolo von Schirach March 12, 2014 WASHINGTON – The Western world seems to be united in its support...