” … legislatively blocking oil imports would also disrupt oil exports from the U.S., which means some producers win and others lose. Trying to untangle ‘good’ imports (such as from Canada and Mexico) from ‘bad’ imports (Saudi Arabia and Russia) is all but futile given the fungibility of oil and trading patterns that can recolor the oil.”
History rhymes regarding the economics and political economy of the U.S. oil market. Today, it is Harold Hamm and the 34-company trade group Domestic Energy Producers’ Alliance (DEPA). Yesterday, it concerned a petition from 12 independent producers about unfair, below-cost oil sales by foreign companies (see “Oil and Those Slippery Anti-Dumping Laws” New York Times, August 5, 1999, reprinted below).
Twenty-one years but the same issue: too much supply relative to demand to drive prices down.…
Fossil fuels would never brag, but they offer more versatility to create modern comforts than probably any other natural resource.
Fossil fuel [technology] … has made this quarantined Earth Day bearable.
– DEPA, “Earth Day; 50 Years of Overlooking Fossil Fuels,” April 22, 2020.
Last week, an Earth Day tribute by the Domestic Energy Producers Alliance (DEPA) went largely unnoticed. “Earth Day; 50 Years of Overlooking Fossil Fuels” noted how individuals of the upstream oil and gas industry are directly connected to the wilds of earth (and probably more so than the Washington DC staffers of the major environmental organizations who think that wind turbines and solar panels are environmentally preferable).
The piece highlighted the taken-for-granted goods and services made possible by fossil fuels.
DEPA’s 389-word tribute follows in its entirety.…
It’s time to move the debate past the dogmatic view that carbon dioxide is evil and toward a world view that accepts the need for energy that is cheap, abundant and reliable. (Robert Bryce)
“Despite the endless hype about electric cars, vehicles that plug into the grid remain a niche product that is sold almost exclusively to the affluent…. Lower-income taxpayers should not be subsidizing wealthy motorists who buy EVs. (Robert Bryce)
From time to time, MasterResource has posted on the profiles by DeSmog Blog: climatologist John Christy, Reaching America’s Derrick Hollie, and myself. Strangely, the targets of DeSmog can agree with the profiles in a guilty-as-charged way. The litmus test seems to be that if you do not agree with climate alarmism and forced energy transformation, you are ipso facto wrong.…