UK wind turbine math

Image via WikipediaChristopher Monckton:Consider the Oldbury wind turbine, installed a couple of years ago by the local authorities of Sandwell in the English Midlands at a cost of £5000 sterling plus Vicious Additional Taxation (a hideously complicated and thus easily evaded EU version of Danegeld, as we historians call it) at the then 17.5% rate (it’s now a bargain-basement 20%, so you get more

Energy price lesson

Jim Inhof make clear what is happening to drive up gas prices.

House chairman says Obama energy changes not enough

Image via WikipediaThe Hill:...“One weekend address announcing minor policy tinkering, while positive, does not erase the Administration’s long job-destroying record of locking-up America’s energy resources,” said Doc Hastings (R-Wash.), the chairman of the House Natural Resources Committee, in a statement.President Obama used his weekly address to tout steps aimed at accelerating oil drilling,

Democrat energy dog and pony shoe fails

Image by EnergyTomorrow via FlickrIBD:As the House passes a bill to open up offshore drilling, the Senate holds another show trial of oil executives showing why people blame them, not the administration, for high gas prices. Last week they fought back.Summoned for what Sen. Orrin Hatch labeled a dog-and-pony show, executives of Exxon Mobil, Shell, ConocoPhillips, BP America and Chevron appeared

Obama moves to loosen some drilling restrictions, but not enough to matter

Image via WikipediaNY Times:President Obama, facing voter anger over high gasoline prices and complaints from Republicans and business leaders that his policies are restricting the development of domestic energy resources, announced on Saturday that he was taking several steps to speed oil and gas drilling on public lands and waters.It was at least a partial concession to his critics, who say he

Greedy Democrats covet Big Oil profits

Image by Getty Images via @daylifeSusan Ferrechio:Executives of the nation's top five oil companies faced off Thursday against Senate Democrats who want to take away billions of dollars in annual tax breaks the industry has enjoyed for nearly a century.With gas prices hovering near $4 per gallon and the nation's budget deficit topping $1.3 trillion, Democrats sought to seize on the anger and