Jim Murchie – European Border Wall: Carbon Edition
The European Union has finally settled on a border adjustment tax on carbon. The tax, known as the carbon border adjustment mechanism, would assess…
How Exxon Mobil’s CEO Views Energy Shortages and Increasing Profits – wsj.com
Exxon Mobil Corp. has enjoyed historic profits and a surging stock price this year, thanks largely to a rise in energy prices following the…
Frackers Say Oil Production Slowing in the Shale Patch – wsj.com
Despite an extended streak of strong profits, shale companies are slowing their oil-field activity, keeping U.S. oil production roughly flat and offering little relief for tight…
Revolting Shareholders – More on the Energy Blame Game
To paraphrase Michael Douglas in “The American President” (Universal Pictures, 1995), whatever the voter’s problems, most politicians have no interest in solving them. They…
Eva Pao – That 70’s Show Redux?
As the potential for a rail strike heats up, there is also the nurses’ strike in Minnesota and the teachers’ strike in Seattle. We…
Jim Murchie – European Energy Policy Oxymoron: Free Market Regulation
The new European Union (EU) windfall profits tax is a clumsy way of changing the electric markets in Europe from a free market where…
European Energy Policy Oxymoron: Free Market Regulation
The European energy crisis has been a harsh lesson in Economics 101: commodity prices are set by the highest cost producers. Since natural gas…
Jim Murchie – Abraham Lincoln’s Advice on the Energy Transition: True North
For me, the pivotal scene in the movie “Lincoln” features the president (played by Daniel Day Lewis) pleading with the abolitionist congressman from Pennsylvania…
Inflation Reduction Act is Really the Energy Expansion Act
Energy Income Parnters (EIP) and Arbo joined up to give context to the Energy Provisions in the Inflation Reduction Act (IRA) of 2022, signed…