My, how times have changed. In 1993, the Clinton administration proposed an energy tax equivalent to just $4 a barrel of oil. The proposal earned a prompt bipartisan slap-down. Even though most believed the tax would reduce oil demand, everyone worried the tax would hammer the economy. Instead, by 1999, oil collapsed briefly to $10…
American Enterprise Both the Senate and the House passed energy bills this summer, which they hope to reconcile early this fall. All energy bills are basically shopping lists, and notwithstanding the dismal talk of disappearing supplies, the list of possible energy sources grows ever longer. The debate comes down to which hydrocarbon, carbohydrate, fissile element,…
Commentary THE UNITED STATES consumes about 7 billion barrels of oil a year. Quite a few of those barrels come to our shores from the Persian Gulf, a fact that has elicited, since 9/11, a surprising convergence in our politics. Today, it is not just leftwing environmentalists who complain about our consumption of oil but…
Mechanical Engineering They call this "convergence." Old lines are changing, or disappearing altogether. What it's doing under the hood is downright electrifying.
Have you had enough of oil stocks? Here's another energy play-invest in companies that will participate in the reinvention of the gasoline automobile around hybrid engines.
New York Sun So, will high oil prices finally force everyone to buy cars the size of toaster ovens, or ride bicycles? Suburban-driving soccer moms, or working Joes driving delivery trucks or taxis may find themselves thinking along those lines every time they pull up at the pump. But the highway of the future won't…
