The rapid fall in oil prices seems to have taken everyone by surprise. I’ve noted before that it puts the viability of the Keystone XL project in doubt. But its other effects are worth considering.
Overall, the fall in prices should have a beneficial effect on the U.S. economy. Since gasoline … More >
Many people who have studied the issue tell me that the Keystone XL issue is mostly symbolic, because the Alberta oil sands are going to be used one way or another. But I’m having some second thoughts because of arguments made (here) by Berkeley economist Max Aufhammer. He’s a pretty hard-headed … More >
I am not a fan of blanket statements. Whenever oil sands come up in casual conversation, many of my economist friends argue that “the stuff will come out of the ground whether we like it or not”. When the discussion turns to Keystone XL, the general attitude is that “it … More >
Looking at three maps sheds some interesting light on the the politics of the Keystone XL pipeline. The pipeline’s geography resonates in an interesting way with political and demographic geography.
We can start with two maps that show the proposed route (on the left) and the dates in which counties reached … More >
In our energy law classes at Cal, we like to start the day by talking about Energy in the News. The media never fails us. Every day, there are multiple energy-related stories of significance touching on resource development, new technologies, policy shifts, jobs, regional politics, prices, international relations, or the … More >
It slipped under the radar screen due to all the furor over the impending government shutdown, but the NY Times ran an important article two weeks ago about the debt ceiling. The Republican plan is apparently to condition their agreement to raise the debt ceiling and save the country from default on … More >
Let’s face it. The opposition to the Keystone XL pipeline isn’t about dirty oil. It’s about oil. James Hansen and the other leading opponents focus on the greenhouse gases is that will be released when all of the oil in the Canadian tar sands (Canada’s relabeling as “oil sands” just … More >
I’ve put together a table of language from the issues sections of the official campaign websites dealing with energy and environment. I decided to use the candidate’s own language to avoid interposing my own views on the issues. Please keep in mind that the table uses their language, not mine.
Not … More >