All Posts Tagged With: "petroleum"

Let’s Not Be Energy Independent

“Energy independence” is a term that sounds good but falls apart on closer examination. Although the United States could achieve energy independence, we could do so only at an enormous cost. Energy “dependence” is much cheaper and much more desirable. Before considering the costs and benefits of energy independence, I should define my terms. What [...]

1Oct2008 | David R. Henderson | 10 comments | Continued

Whom Should We Thank for High Gas Prices?

I am writing this after having just filled my tank with gasoline at $3.99 per gallon. Oil is over $125 a barrel. Big Oil and their CEOs are the hands-down favorite to win the Snidely Whiplash People’s Choice Award. Since Big Oil is our favorite villain, no one really wants to hear about the other [...]

1Jul2008 | Michael Heberling | 2 comments | Continued

Freedom Is the Environment’s Best Friend

John Semmens is a transportation policy analyst at the Laissez Faire Institute in Arizona. Every April 22 celebrations of Earth Day take place around the world. This can serve as a reminder to reflect on the status of our planet. Some believe the earth is in great peril and that stringent measures to restrain economic [...]

1Apr2007 | John Semmens | 1 comment | Continued

The Progressive Era’s Derailment of Classical-Liberal Evolution

Fred Smith is president of the Competitive Enterprise Institute. It is true that where a considerable part of the costs incurred are external costs from the point of view of the acting individuals or firms, the economic calculation established by them is manifestly defective and their results deceptive. But this is not the outcome of [...]

1Jun2004 | Fred Smith | 3 comments | Continued

OPEC Sells Us Oil Because It Likes Us?

Jerry Taylor is Director of Natural Resource Studies at the Cato Institute. Slavish devotion to common but wrong-headed ideas about economics is never more in need of exposure than when the subject is oil and the Persian Gulf. Here wrong-headed ideas about economics can get someone killed. But there they were on full display last [...]

1May2003 | Jerry Taylor | 0 comments | Continued

The Growing Abundance of Fossil Fuels

Only two decades ago nearly all academics, businessmen, oilmen, and policymakers agreed that the age of energy scarcity was upon us and that the depletion of fossil fuels was imminent. While some observers still cling to that view today, the intellectual tide has turned against doom and gloom on the energy front. Nearly all resource [...]

1Nov1999 | Robert L. Bradley Jr. | 1 comment | Continued

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