Gas prices are on the rise, not just in the U.S. but across the world. Yes, the Ukraine war has played a role in influencing global gas prices, but there are more worrying reasons behind this increase in energy prices. The impact of the price hike is particularly pronounced in countries that house some of the poorest in the world. The more unaffordable gas prices become, the harder it is for families to even meet their basic needs. God has called His people not just to be spectators but to … [Read more...]
Analysis of Gas Prices
Gas prices: If you look at inflation-adjusted gasoline prices over the last century, there has been an overall downward trend, reflecting greater efficiency at finding, pumping, and refining petroleum. We are now at $5 a gallon, but that isn't a whole lot more than we've been in the past (for example, just before the 2012 recession). Still, the price is a lot higher than it needs to be given current technology, and the current spike could have been mostly avoided (COVID impacts being the least … [Read more...]
African Research on Solar Cycles: Science vs. Net Zero
“Climate change is no hoax, because the climate always changes. Modest global warming might be beneficial for the globe. But not all climate change is beneficial. Cooling would be disastrous.”“The American Geophysical Union … displays a diminishing interest in science, that is, in the disinterested pursuit of knowledge. Instead, it revels in an escalating interest in politics, including much talk about nebulous ideas like ‘environmental justice’ and mobilizing scientists to be ‘change … [Read more...]
Biden energy policy at a glance: You give me 94 bucks and I’ll give you 2.3! Happy?
So, President Joe Biden is taking 50 million barrels of oil out of the Strategic Petroleum Reserve (SPR) to cool the rapid rise in gasoline prices. Will it work? Not for long---if at all. We use about 20 million barrels per day. So 50 million is enough to supply all our oil for only about 2.5 days. Of course, we'll spread it over far more days, at far smaller quantities per day, but that's the total effect. Meanwhile, it's a complete misuse of the SPR, designed, when created in response … [Read more...]
Ah, the Complexities of Liberal Environmentalism!
Laugh? Scream? Cry? What's the proper reaction to a letter from liberal Democratic Senators Charles Schumer (NY), Maria Cantwell (WA), Ed Markey (MA), and Robert Menendez (NJ) to President Donald Trump decrying the harm rising gasoline prices does to American families. (It's always about the family, you know! Whatever a "family" might be.) All four Senators have supported raising federal taxes on gasoline as a way to fight global warming by reducing consumption. The tax increase would, of … [Read more...]
Exporting Oil Benefits All Americans and Global Poor
For Immediate Release Burke, VA, October 9, 2015---Today the U.S. House of representatives passed legislation to end the ban on crude oil exports by a large bipartisan majority. This policy—a free-market policy—is good for the American people as a whole, but most significantly is good for those Americans, and people across the world, struggling to break the cycle of poverty. High energy prices have created a phenomenon called “energy poverty” in wealthy countries. But even more than the … [Read more...]
