Consumer Energy Report is now Energy Trends Insider -- Read More »

Posts tagged “Donald Trump”

By Robert Rapier on May 9, 2011 with 33 responses

It’s Time for Obama to Spook the Oil Markets

The following guest post is from OilPrice.com. (Readers know my feelings about using the Strategic Petroleum Reserve to fight high oil prices). ———————————— It’s Time for Obama to Spook the Oil Markets The fate of the Obama presidency hangs not on a birth certificate or the red ink on the federal budget but by the hose nozzle of your local gas station. Electoral discontent is measured by the price of a gallon of gasoline. Heading past $4 toward $5, that is a lethal trajectory for President Barack Obama. Enter the demagogues, especially the clown-in-a-business-suit, Donald Trump. Unfettered by the gravity that goes with facts, Trump says that he would fix the oil price – now around $110 a barrel –… Continue»

By Robert Rapier on Apr 25, 2011 with 54 responses

The Witch-Hunt Begins as Gas Prices Continue to Climb

The Usual Suspects Summer is approaching, and that typically means rising gas prices. And when gas prices rise, our political leaders generally start looking around for someone to blame. Over the past few years it has become a regular ritual that as gas prices rise, the CEOs of our biggest oil companies will be marched to Washington D.C. for a public shaming that involves Congress grilling them on why they are doing such horrible things to the American public. Inevitably, we will spend tax dollars investigating the matter. And as was the case after Hurricane Katrina, one FTC investigation after another has found no conspiracy to fix prices; that supply and demand are in fact the primary reasons that gas… Continue»

By Robert Rapier on Apr 21, 2011 with 24 responses

I Can’t Take Donald Trump Seriously

I am constantly amused by the views of presidential candidates on energy policy. Their views are either so disingenuous or so naive that I often find it difficult to vote for a candidate. In the 2008 election, I could have voted for Barack Obama, who declared war on fossil fuels, painted the oil companies as enemies of the people, and proposed pandering gimmicks like the “use it or lose it” proposal. It has been interesting to watch President Obama vacillate between punishing oil companies with windfall profit taxes, and encouraging greater production by offering them more tax incentives. It is as if President Obama now recognizes that domestic production of oil and gas would need to be a very big… Continue»