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Posts tagged “Charles Schumer”

By Robert Rapier on May 16, 2011 with 40 responses

Analysis Requested by Senate Democrats Highlights the Risks of Their Energy Proposals

This essay highlights the reason I loathe politics. Here I present a case in which politicians present a partial story and withhold key findings in order to push a specific agenda. But their trump card is that if things don’t go as planned they can assign blame elsewhere. The media is complicit because they have simply lapped up the claims uncritically without having a look at the original source material. Before I get into that, I want to make one thing crystal clear. I want to see oil consumption in the U.S. drop significantly. But to the extent that we require oil, I would like to see that oil produced domestically. I have offered very specific proposals on how to… Continue»

By Robert Rapier on Apr 7, 2011 with 21 responses

Speculator’s Political Reserve?

Strategic Petroleum Reserve or Speculator’s Political Reserve? In the previous essay, Senator Chuck Schumer (D-NY) was quoted in a letter to then-President Bush: “The [strategic] petroleum reserves are intended to provide relief at times when working families are struggling to make ends meet.” Politicians have a long history of requesting that the Strategic Petroleum Reserve (SPR) be utilized in an attempt to influence gasoline prices. But is that an appropriate usage of the SPR? The Purpose of the SPR Let’s review the purpose of the SPR. From the Department of Energy’s website on the SPR: In the event of an energy emergency, SPR oil would be distributed by competitive sale. The SPR has been used under these circumstances only twice… Continue»

By Robert Rapier on Apr 4, 2011 with 45 responses

Contradicting Goals: Cheap Gas and Lower Carbon Emissions

The Phenomenon of Political Contradictions Energy policy frequently highlights some glaring contradictions among lawmakers. Some politicians who have railed against our dependence on petroleum and who insist we must reduce carbon emissions turn around and introduce legislation aimed at making gasoline cheaper. Imagine that an advocate for more exercise and better eating was also advocating cheaper fast food — and you have a situation akin to the mutually exclusive energy policies of some of our political leaders. Jekyll & Hyde I have never been able to reconcile what goes on inside the heads of Congressman Ed Markey (D-MA) or Senator Chuck Schumer (D-NY). Congressman Markey has long been a passionate advocate of legislation designed to reduce carbon emissions. Once, after… Continue»

By Shay Bapple on Mar 8, 2010 with 1 response

Wind Stimulus Initiative Hits Turbulence

Senate Committee barks at wind turbine developers in the private sector for taking Federal grants and outsourcing labor to China.