If you have something to say...
Say it on the Huffington Post
If you have something to say...
Say it on the Huffington Post
Many economic indicators suggest a fairly robust economy, believe it or not. We have spent the past year and a half listening to the presidential candidates tell us how bad everything is, but statistics say otherwise.
2012 has been a stellar year for oil and gas. From East Africa to North America, new technology, major new discoveries, an unparalleled appetite for exploration and a metamorphosing perception of risk have changed the playing field.
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The U.S. benchmark for crude as traded on the New York Mercantile Exchange is West Texas Intermediate crude in Cushing, Okla. Its price has been hovering near $90/barrel these past weeks -- in spite of the fact that storage capacity at or near Cushing is filled to overflowing.
Because of the rapid and continuing expansion of coal-fired generation in emerging economies, particularly in China and India, determined policy action will be needed to reverse the trend of the last decade.
Don't let it bring you down, Mr. Young. Indulge me a bit. Let me explain just what these new standards will accomplish and how some complementary policies -- including cutting U.S. oil use in half -- would help us, as you termed it, "get real on carbon."
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Currently, our transportation system is heavily dependent on oil, which is our largest source of climate pollution -- roughly one-third of all U.S. carbon emissions. If we want to cut carbon pollution fast, moving beyond oil for transportation is an obvious strategy.
The oil and gas industry is what it is today thanks in large part to decades of federal support, and America's new and "bright" shale gas-rich future is no exception.
Across the country, candidates who stood by the environmental community and a clean energy agenda -- including President Obama -- were overwhelmingly elected, while candidates tied to oil and coal companies lost.
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A collection of papers out in PNAS looks at the response to the Deepwater Horizon Oil Spill, examining whether it was successful and how it could be improved. The release of the reports comes just days after the EPA suspended BP from obtaining new U.S. contracts.
There is a current of excitement running through the foreign affairs community sparked by the prospect that the United States will cease being a net energy importer within 25 years. How justified is this celebration of a euphoric future?
We can rededicate the universal Temple of Planet Earth, as the Talmud describes the rededication of the ancient Jewish Temple in Jerusalem. We can hold back the devastation that global scorching is already wreaking on our lives.
Yes, the Middle East remains the cradle of the modern world -- with or without oil and nukes. But with oil and nukes in the picture the rest of the world inevitably gets drawn into tribal and religious issues, as if it were an integral part of the past and present.
I grew up in an era of unrest in the Middle East I've lived most of my life with unrest in the Middle East. There is plenty of unrest in the Middle East now. I'd like to make sure that the United States has supplies of energy that actually come from the United States.
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