Oil

Archive for Oil

New NERA Study on Two Carbon Tax Scenarios

NERA Economic Consulting is out with a very nice study on two carbon tax scenarios. I know this modeling team (well, at least the lead author) and I think they are very nuanced in their analysis; if you scroll through the paper you can see they explain exactly what their charts are saying, etc. This […]

An Odd Proposal to Tax Oil, From the CFR

In this IER post I take on a new paper (published through the Council on Foreign Relations) to impose a $50/barrel tax on crude oil. Some excerpts: The Council on Foreign Relations (CFR) recently released a study by Daniel Ahn and Michael Levi showing how a new tax on oil—which would ultimately raise pump prices […]

Carbon “Tax Swap” Deals: A Review and Critique

In case you’re wondering what I mean when I talk about my “day job” stuff, here’s a good example: Today IER is releasing my new study [.pdf] with the above title. Here are excerpts from the Executive Summary: ========================= A growing number of academics and policymakers have recommended a revenue-neutral carbon “tax swap” deal, under […]

Hurricane Sandy and Gas Lines

It’s a multimedia blitz today at ConsultingByRPM: (BTW my sound is fine, the hair salon next door was having a party.)

How Chris Christie’s License Plate Scheme Adds Insult to Injury

[UPDATE: Actually, I am not sure the below is relevant, after thinking it through some more. What I will defend is the statement that if we had a long period of price ceilings, with new gasoline supplies being brought into the region but where the demand consistently were higher than the available quantity supplied, and […]

Econ 101 Works! Price Controls Cause Gas Lines

I can’t believe I had to write this up, but there were a surprising number of people who thought it was a right-wing myth to claim that it was the price controls causing gas lines, rather than the hurricane. An excerpt, and note that I make a point about stockpiling beforehand that I haven’t seen […]

CAP’s Unsustainable Energy Vision

I don’t reproduce all of my Institute for Energy Research (IER) blog posts here, because they are often variations on the same themes. But this one on the Center for American Progress (CAP)’s new study is a good one to represent the kind of stuff I publish at IER’s blog. Some excerpts: Yes, it is […]

Harold Hotelling and Steve Landsburg vs Bob Murphy and George W. Bush

It doesn’t look good for me, does it? But give me a chance: During his commentary on the first presidential debate, Steve Landsburg wrote: 6) Romney says “all of the increase in energy has been on private land, not govt land”. Very ignorant. If there were more drilling on govt land, there’d be less on […]