Gas price hypocrisy

In 2016, as part of President Obama's last budget proposal, he proposed a per barrel tax on crude oil. Analysts estimated that levy would increase retail gas prices by 25 cents or more. Whom can we trust on energy policy?

By |2018-12-27T22:10:59-05:00December 27th, 2018|Energy|Comments Off on Gas price hypocrisy

Biofuel justifications are illusory

CFACT Senior Policy Advisor Paul Driessen explains why the renewable fuel standard is out of touch with today's energy realities -- the ethanol mandates, including for cellulosic ethanol -- far exceed even the perceived need. Ethanol ruins gasoline mileage, and gasoline cut with 15% ethanol ruins older automobile and truck engines (pre-2007) and almost all small gasoline-powered engines (including outboard motors, lawnmowers, and more).

By |2017-08-04T14:24:38-04:00July 29th, 2017|CFACT Insights|11 Comments

“Green”—the status symbol the affluent can afford that costs the poor

Researchers have found that some buyers are willing to pay for environmentally friendly products because those products are “status symbols.” A report in  The Atlantic states: “Environmentally friendly behaviors typically go unseen; there's no public glory in shortened showers or diligent recycling. But when people can use their behavior to broadcast their own goodness, their incentives shift. The people who buy Priuses and solar panels still probably care about the environment—it’s just that researchers have found that a portion of their motivation might come from a place of self-promotion, much like community service does good and fits on a résumé.” With [...]

By |2016-03-14T15:58:35-04:00March 14th, 2016|CFACT Insights|3 Comments

Mr. President, you owe America an apology

Four years ago, President Obama scoffed at the idea of gasoline prices below $2 a gallon. Today, he both takes credit for it and wants a 20-cents-a-gallon tax to increase the price again -- all for the purpose of subsidizing inefficient, intermittent energy sources that have almost nothing to do with vehicular transportation.

By |2016-02-25T22:10:24-05:00February 24th, 2016|CFACT Insights|8 Comments

Ethanol loses its few friends

There is a growing, bipartisan consensus (outside certain corn-dominant states) that it is time to end the ethanol mandate -- and definitely not to expand that mandate to include E15 fuel, which has a track record of fouling engines and engine components. Ethanol is especially hard on marine engines -- and E15 would be much worse. Meanwhile, the ethanol mandate has contributed to rising prices for food and certain consumer goods.

By |2015-11-17T21:24:28-05:00November 17th, 2015|CFACT Insights|2 Comments

Tesla’s “success,” a great example of how government regulations manipulate markets

Just about the ONLY people in America who like electric cars are government regulators (who likely do not own them) and companies like Tesla, whose only real (sic) profits come from energy credits that add to consumer costs for other vehicles. The bugbear is the ridiculous 54.5 mpg fuel standard created by the Obama Administration with little regard for the pocketbooks of ordinary Americans. It could get worse -- the government may one day disallow the purchase of gasoline-powered vehicles.

By |2015-10-26T14:07:16-04:00October 26th, 2015|CFACT Insights|21 Comments

Oil’s down, gasoline isn’t. What’s up?

CFACT contributor Marita Noon points out that the recent drop in crude oil prices has not been felt at the gasoline pump, largely thanks to unplanned shutdowns at numerous aging refineries that -- thanks to counterproductive government regulations -- cannot be replaced or even significantly upgraded at any reasonable cost. Indeed, the last time anyone built a new oil refinery in the U.S. was 1977.

By |2015-08-25T11:26:39-04:00August 25th, 2015|CFACT Insights|2 Comments

The oil price election connection

According to CFACT advisor Marita Noon, while the U.S. oil shale boom (the result of fracking) has dramatically increased domestic oil and gas production, the Middle East is still playing a significant role both in the current drop in oil prices and down the road. ISIS is selling oil at below-market prices to willing rogue customers, and Saudi Arabia has increased its own production, even as the price of oil falls below the amount needed to sustain the Saudi economy. The Saudis are hoping to push both American and Canadian oil prices down below the cost of extraction from both shale and tar sands in hopes of slowing down or even stopping expansion of North American exploration and production.

By |2014-11-03T15:40:19-05:00November 3rd, 2014|Uncategorized|2 Comments

Congressional Budget Office: Doing its job on biofuels

Dave Juday points out that the Congressional Budget Office, created during the Nixon Administration to be a nonpartisan evaluator, is doing its job by reporting that with no changes to the renewable fuel standard, the price of diesel fuel will jump by 30 to 51 cents per gallon, with E10 gasoline prices rising 13 to 26 cents per gallon. The EPA has already admitted it needs to lower the biofuels requirement for 2014, but it is nearly August and no final action has been taken. This, Juday notes, frustrates policymakers, analysts, and most of all gasoline and diesel marketers. comending that the government make changes to the EPA's renewable fuel standard to reflect real-world

By |2014-07-23T16:16:37-04:00July 23rd, 2014|CFACT Insights, Guest Insights|Comments Off on Congressional Budget Office: Doing its job on biofuels

Tier 3 rules are unnecessary, costly

Tier 3 improvements would reduce monthly ozone levels by barely 0.5 part per billion (average levels) to 1.2 ppb (peak levels), ENVIRON International estimates, using EPA models. That’s equivalent to 5 to 12 cents out of $100 million! These reductions could not even have been measured by equipment existing a couple decades ago.

By |2013-05-02T20:21:21-04:00May 1st, 2013|CFACT Insights|4 Comments

Don’t be fooled: a carbon tax will hurt the poor the most!

From a social cost perspective, carbon taxes are, by nature, regressive, meaning that they inflict largest pain burdens upon low-income households. As Marlo Lewis observes, this presents a “Catch-22” dilemma for any Republicans. If on one hand, they offer to support a carbon tax in exchange for cuts in corporate or capital gains taxes, they will be accused of seeking to benefit the rich at the expense of the poor. On the other hand, any “carbon dividends” paid out to offset higher energy price burdens on poor households will create a new class of welfare dependents …a costly consequence for the general public that Democrats are much less inclined to worry about.

By |2013-04-16T12:28:27-04:00April 16th, 2013|CFACT Insights|4 Comments

Gas guzzlers lead March auto sales surge

CFACT's Marc Morano, editor of Climate Depot, appeared on Fox News yesterday to discuss why trucks, SUVs, and other "gas guzzlers" are responsible for last month's surge in auto sales.

By |2013-04-03T12:13:48-04:00April 3rd, 2013|Videos|Comments Off on Gas guzzlers lead March auto sales surge

Obama vs. Romney on gasoline

Initially, President Obama passed on the gasoline price issue, but Governor Romney picked it back up, noting that, "When the President took office, the price of gasoline here in Nassau County was about $1.86 a gallon. Now it's $4.00 a gallon." Obama had to agree on the prices, but had some very interesting things to say about what they meant.

By |2012-10-24T12:29:00-04:00October 24th, 2012|CFACT Insights|Comments Off on Obama vs. Romney on gasoline