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Entries in Energy Policy (231)

Wednesday
Oct222014

ALG's Daily Grind - Drill, baby, drill 

6

Oct. 22, 2014

Permission to republish original opeds granted.

Drill, baby, drill
Gasoline prices on average have reached levels not seen since 2010 thanks in no small part to the private sector led American oil shale boom.

Lost GOP opportunity in lame duck?
Kicking the budget until the end of FY 2015 means giving Obama free reign to wield his pen and phone.

Carroll: Liberal journalists invent fictional world to attack Scott Walker
"It is not easy being on the editorial staff at the Milwaukee Journal Sentinel, especially now that they have been forced to admit that Wisconsin Gov. Scott Walker's Act 10, which they strongly editorialized against, has saved Wisconsin taxpayers more than $3 billion."

 

Wednesday
Oct222014

NH GOP - THE LATE, GREAT MARSHALL COBLEIGH ON JEANNE SHAHEEN'S OPPOSITION TO NUCLEAR POWER 

Jeanne Shaheen's actions don't back up her rhetoric on energy

New Hampshire Union Leader

Marshall Cobleigh

July 3, 2008

 

AS IS USUAL with poll-driven politicians, Jeanne Shaheen is running television commercials and writing op-ed pieces addressing the dominant problem facing America -- skyrocketing gasoline prices -- but providing no real solutions. Even worse, anyone who knows her history also knows that during her entire career she has been a big part of the problem.

 

Long-time New Hampshire residents know that she and I were weekly regulars on Channel 9's "Close Up" program for 10 years (and I have many of the tapes of those programs). Those tapes show Shaheen fighting fiercely to hamstring nuclear licensing regulations. They also show her fighting against building an oil refinery in Rochester after the Durham location failed.

 

In today's world, China is scheduled to build 50 nuclear reactors by the year 2020; Russia is scheduled to build 26 nuclear reactors; and India is scheduled to build enough nuclear reactors to meet one fourth of the electricity needs of its one billion people.

 

Meanwhile, thanks to the opposition of Shaheen and others, the United States has not built a nuclear plant in 31 years. Europe gets 35 percent of its electricity from nuclear power: France gets 78 percent, Lithuania gets 70 percent, and Slovakia gets 56 percent.

 

It's the same story when it comes to building new, efficient refineries. Because Shaheen and others fought to hamstring refinery licensing, America last built a new refinery when Jerry Ford was President.

 

Jeanne Shaheen and the Democrats propose tighter regulation of illegal oil price manipulation, ending some speculation on oil futures, and imposing a windfall profits tax on oil companies. Doesn't Jeanne Shaheen remember that when Democratic President Jimmy Carter tried a windfall profits tax it was a miserable failure? Domestic oil production plunged by 795 million barrels. Carter and the Democrats predicted tax revenue from their windfall profits tax of $393 billion. It brought in $80 billion. The non-partisan Tax Foundation states that the oil industry since 1981 has had a cumulative $1.12 trillion in profits, but paid $1.65 trillion in taxes.

 

Shaheen, like a stopped clock, is often correct once or twice a day, and her call for an investigation of possible oil price manipulation makes some sense. However, her position on futures trading could penalize homeowners, farmers and all kinds of traders, as well as cripple our economy.

 

We do not need another Democrat in Washington. Lets look at the figures Rep. Roy Blunt of Missouri put together. They clearly tell us who caused gasoline prices to skyrocket:

 

  • Increased refinery capacity: 97 percent of House Republicans supported; 96 percent of Democrats opposed.
  • Oil shale exploration: 90 percent of Republicans supported; 86 percent of Democrats opposed.
  • Coal to liquid: 97 percent of Republicans supported; 78 percent of Democrats opposed.
  • Outer Continental Shelf (OCS) exploration: 81 percent of Republicans supported; 83 percent of Democrats opposed.
  • ANWR exploration: 91 percent of Republicans supported: 86 percent of Democrats opposed.

 

A few facts about these issues that Shaheen and the Democrats oppose:

 

ANWR is larger than the area of five states: Massachusetts, Delaware, Connecticut, Rhode Island and New Jersey. The drilling would be done in an area one-sixth the size of Dulles Airport.

 

Drilling is now being done 60 miles off of Florida, but that drilling is being done by Cuba. Meanwhile, Congress has a moratorium on offshore drilling, and we are at the mercy of the Mideast sheiks.

 

Louisiana has 3,200 oil rigs offshore and a flourishing fishing industry.

 

Does this record make you want to send Jeanne Shaheen to the Senate so that she can make it tougher to drill and refine oil and make gasoline prices continue to rise?

 

Yes, Jeanne Shaheen always addresses the big issues that her political polls show the American people care about, but her voting record clearly shows that she is part of the problem and not part of the solution.

 

When Jeanne Shaheen started in politics, we imported one third of our oil. Now we import two-thirds of our oil. Since she and other Democrats started fighting for tougher regulations on energy production, America's domestic oil production has decreased from 9 billion barrels a day to 5 million barrels a day.

 

Jeanne Shaheen talks a good game about high gas prices and alternative energy sources. But her record shows clearly that she has done nothing constructive to solve the problem. Her television ad is a fraud. It's what you do, not what you say, that pays off at the gas pump.

 

Marshall Cobleigh is a former speaker of the New Hampshire House of Representatives and the former state energy chief.

Tuesday
Oct212014

NHDP - Debunking Brown's Energy Rhetoric, Explains Why NH Can’t Afford Scott Brown 

Following the Release of Brown's Latest Energy Attack Ad, Massachusetts Leaders Set The Record Straight
 

Manchester, NH--Massachusetts Congresswoman Katherine Clark, Mayor of Melrose, Massachusetts Rob Dolan, New Hampshire energy expert and former Public Utilities Commissioner Cliff Below,and co-founder of Revolution Energy in Dover, NH Michael Behrmann held a press conference to discuss Scott Brown’s energy agenda that would cost New Hampshire jobs and increase prices for consumers, all while continuing to reward Big Oil with billions in tax breaks.  
 
“What Scott Brown is not telling you is that when he was serving Massachusetts in the Senate, he made his number one priority protecting the record-breaking profits of oil companies, even if it meant that the middle class would have to pay more,” said Congresswoman Katherine Clark, who represents Massachusetts' 5th congressional district. “Brown consistently supported the big oil companies, protecting billions of dollars in special tax breaks. Why? Because they were donating hundreds of thousands of dollars to his campaign.  I’ve watched what Scott Brown has been saying in New Hampshire, because it affects me. And I’ve watched from Massachusetts as he preaches an energy agenda that sounds good, but I am here to warn you it would be bad for New Hampshire families.”
 
“Scott Brown has always made the big guys more of a priority than families in cities like the city I present,” saidMelrose, MA Mayor Rob Dolan. “When he was in the Senate, his objective was clear: keep working to protect the country’s biggest banks and largest oil companies—and people like those in my city paid the price. Scott Brown’s plan would hit New Hampshire families where it hurts, by increasing costs and cutting jobs. This is typical—he’s always put the interests of campaign donors above his constituents. Scott Brown was wrong for the people of Melrose and Massachusetts, and he’s wrong for the people of New Hampshire.”
 
“Scott Brown’s energy ‘plan’ shows he doesn’t understand New Hampshire,” said former New Hampshire Public Utilities Commissioner Clifton Below. “Scott Brown’s energy policy would be a windfall for oil and gas companies who would see even bigger profit margins at the expense of New Hampshire families and businesses. You don’t need to be a rocket scientist to understand why —Brown has taken nearly half a million dollars in campaign cash from the oil and gas industry. Scott Brown, for many reasons, is not the right candidate for New Hampshire working families. One big one is that his energy plans and votes would mean higher energy costs and fewer jobs for New Hampshire.”
 
“Looking at Scott Brown’s record, he has repeatedly prioritized the oil and gas industry. But if Senators keep putting oil interests first, we will never move forward towards energy independence,” said Revolution Energy co-founder Michael Behrmann. “New Hampshire does not need more advocated for exporting our energy and our energy dollars—quite the opposite. As someone working every day to improve New Hampshire’s energy outlook, I can tell you that Scott Brown is the wrong choice. Senator Shaheen has demonstrated her commitment to this issue and to making New Hampshire a more sustainable and independent state.”
 
As a Senator from Massachusetts, Brown protected more than $20 billion in special tax payer subsidies for Big Oil companies, while voting to once cut the Low-Income Heating Assistance Program (LIHEAP), which helps tens of thousands of low-income New Hampshire families afford the cost of home heating during the winter.  
 
Since announcing his campaign for the Senate in New Hampshire, Brown has also repeatedly advocated for an increase in natural gas exports, which independent analyses show would drive up energy costs for New Hampshire families.
Tuesday
Oct212014

CEI Today: Monarch butterflies, corporate income tax, energy poverty, and more 

Tuesday, Oct. 21, 2014
In the News Today

 

MONARCH BUTTERFLIES - ANGELA LOGOMASINI


Green Exploitation of the Monarch Butterfly

Conservationists rightly point out that monarch butterflies face challenges associated with habitat loss because there are not enough of the type of plants that they need for food and reproduction.

A massive educational campaign pushed by environmental groups, which collectively have tens of millions of dollars at their disposal, could make the critical difference. Some groups are working this angle, but too many others would rather spend the money to lobby for more government controls on businesses and property owners. > Read more

> Interview Angela Logomasini

 

CORPORATE INCOME TAX - WAYNE CREWS
 
Forbes: Waste: Federal Tax Paperwork May Cost More Than The Corporate Income Tax Collects
 

Earlier studies of the costs of overall tax compliance, the deadweight costs and sheer economic waste, postulated several percent of GDP, or hundreds of billions of dollars. Surveying such material I reckoned $329 billion as a placeholder for those costs.

Note something interesting; that $329 billion exceeds the $321 billion that the Treasury Department reports as what is taken in by via corporate income tax receipts.
> Read more

 

ENERGY POVERTY - MARLO LEWIS

Which Is the Bigger Threat to People in Developing Countries: Climate Change or Energy Poverty?


For the 1.3 billion people who have no electricity, energy poverty is indeed an existential threat. For the additional 2.3 billion people facing chronic electricity shortages, frequent blackouts, and limited hours of service, energy poverty is a decisive obstacle to development.


Those 3.6 billion people need access to plentiful, reliable, affordable energy as soon as possible, and for the foreseeable future, that means carbon-based energy. Yet the pampered elites at the UN, the EU, and the White House want all countries, including India and China, where hundreds of millions still have no electricity, to make ‘politically-binding’ commitments to limit their carbon dioxide (CO2) emissions, the inescapable byproduct of carbon-energy use. > Read more

 

> Interview Marlo Lewis
 

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CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

 


 

CEI President Lawson Bader

@libertynkilts

In Memoriam: Leonard Liggio
 

CEI’s Battered Business Bureau:
The Week in Regulation

The federal government took Monday off for Columbus Day, but still managed to pack more than 50 new regulations into a short week.





 

Tuesday
Oct212014

Brown For US Senate - BROWN CAMPAIGN RELEASES NEW WEB VIDEO: "SOARING ELECTRIC RATES" 




BROWN CAMPAIGN RELEASES NEW WEB VIDEO: "SOARING ELECTRIC RATES"
 
 
MANCHESTER Today, the Brown campaign released a new web video, titled "Soaring Electric Rates," spotlighting Jeanne Shaheen's failed attempt to lower energy prices for New Hampshire families despite a long-ago promise to tackle the problem. 
 
In 1996, Shaheen acknowledged that in New Hampshire, "We have the nation's highest electric rates," but she promised "that's something I'm definitely going to change."
 
Electric rates have continually gone up since then. Just recently, roughly 288,000 homes and businesses were notified by their electricity providers that utility bills are slated to increase by 40 to 50 percent this winter, according to a report by NH1 News
. A recent Portsmouth Herald article stated customers could see their rates spike by 130 percent, calling it a “dire situation” for Granite Staters.
 
In March 2013, Jeanne Shaheen voted to pave the way for a new national energy tax.​ The measure, sponsored by Rhode Island Senator Sheldon Whitehouse, created a fund into which revenues raised from a new tax on carbon would be deposited and spent.
 
According to a non-partisan study conducted by the National Association of Manufacturers, a national energy tax would trigger a $650 increase in home heating costs in New Hampshire. Yesterday, the​ Brown campaign released a new TV ad, ​"
National Energy Tax," taking aim at Shaheen's support for the Whitehouse Amendment.

Transcript "Soaring Electric Rates":

Jeanne Shaheen: We have the nation’s highest electric rates
 
That’s one thing I am definitely going to change

Anchor: New Hampshire, we have some of the highest energy costs in the nation 

Will most likely go up forty three percent
 
That’s going to be forty-two dollars a month more out of your pocket
 
That’s going to include about seventy-five thousand electricity customers here in New Hampshire
 
Jeanne Shaheen: So let me be clear
 
Anchor: Twelve dollars and forty-seventy cents per month extra 

That’s about twelve point two percent and that’s about eighty-three thousand homes and businesses in New Hampshire
 
Here’s the shocker folks
 
Fifty dollars a month
 
About fifty percent more for your bill
 
And they have about a hundred and thirty thousand New Hampshire customers