Oil

Archive for Oil

A U.S. Carbon Tax: The Rest of the Story (Part 1 of 4)

Over the summer, I organized a conference for the Institute for Energy Research (IER). My purpose was to present truly “consensus” facts from the economics literature on carbon taxes. If you will go with me on this journey, I am pretty sure you will realize that the case for a carbon tax is much weaker […]

Potpourri

==> I think President Obama should read from this website in celebration of Columbus Day, in order to win over Sean Hannity. ==> My favoriet go-to guy for climate science is Chip Knappenberger. Here’s his archive at Cato. In particular, y’all should be aware of the skullduggery in the latest IPCC report (AR5), in which […]

More Middle East Map Fun

Whenever the US government tells us how awful a regime is, and why military action is urgently needed, I like to look at a map. (I did this exercise back when the Iranians were the Nazi Germany of the day.) So here you go: For what it’s worth, in 1994 the Rwandan genocide supposedly involved […]

“Will We Run Out of Energy?” free lecture

Here is last week’s first lecture from my Adventures in Energy Economics class. There is still time to sign up for the remaining 4 lectures.

“Years Left” of Oil and Natural Gas

This post is mostly for my online class in Energy Economics. Here is the EIA data for worldwide total proved reserves of oil and natural gas, annual figures, divided by that year’s total production of each (with “dry natural gas” being used for the latter). According to some naive treatments, in 1980 the world had […]

Join Me in “Adventures in Energy Economics”

Today at Mises.org I have an infomercial for my class, starting this coming Tuesday, on energy economics. The main description: The weekly lectures will run from July 2 through July 30. The first week will address the question, “Will we run out of energy?” We will cover the standard mainstream treatment (based on the classic […]

Murphy Tackles the White House 2014 Budget Proposal

I like to beat up on Paul Ryan etc. for being faux-tough on the fiscal problem, but man oh man, in this IER post I go through the Obama Administration’s 2014 Budget Proposal. They don’t even pretend to improve things. I ended up writing this post pretty late at night, and was feeling saucy. I […]

IMF Study Calling for US Gas Taxes Is Pretty Sneaky

I give the details in this IER blog post: So how does the IMF study come up with such whopping tax proposals? Let’s walk through their Appendix Table 1 (page 44) to see the breakdown of their fuel tax suggestions… The proposal for the United States is 36 cents per liter, which works out to […]