Archive for
February, 2012
11 entries in this archive. Displaying 1-10 of 11
20 days. Check.
Yes, national average gasoline prices have increased for the past 20 days in a row. Today, they reached $3.70 for Regular—the “cheapest” option (accessed February 27, 2012).
This is not new—prices...
Posted Monday, February 27th, 2012 at 12:03 pm | Filed in: Automotive, Economic Security, Energy Demand, Gas Prices, Oil Dependence
The so-called "smart grid" has been much the topic of conversation in energy policy circles for several years now. At its core, the idea is simple: better match electricity demand and supply by providing consumers more informa...
Posted Monday, February 27th, 2012 at 7:10 am | Filed in: Automotive, Electricity, Electrification, Energy Demand, Oil Dependence
Less you forget it’s an election year, yesterday President Obama spoke regarding his energy strategy in a time of rising gas prices. The speech was widely billed as a defense against recent Republican attacks on this quintessent...
Posted Friday, February 24th, 2012 at 11:20 am | Filed in: Gas Prices, Legislation, Oil Dependence, Policy, Transportation
In Tom Fowler's WSJ piece this morning, we hear again the lesson that short term fixes can't bring down oil and gasoline prices, "that the global economy and geopolitics, not the U.S. industry or economy, are driving" them. Th...
Posted Thursday, February 23rd, 2012 at 7:50 am | Filed in: Alternatives, Electrification, Energy Supply, Gas Prices, Oil Dependence, Oil Prices, Policy
"Rising oil prices are emerging once again as a threat to the U.S. economic recovery just as it appears to be gaining momentum." That's the lead sentence in today's front page WSJ article, "Oil Price Rise Imperils Budding Recove...
Posted Thursday, February 16th, 2012 at 7:33 am | Filed in: Economic Security, National Security, Oil Dependence, Oil Prices
U.S. gasoline demand in 2011 trended well below its recent history and may fall farther this year as fuel prices threaten to surpass record highs last reached in 2008. While SAFE wishes some of the credit for this falling gasoline...
Posted Tuesday, February 14th, 2012 at 12:37 pm | Filed in: Automotive, Energy Demand, Oil Prices
The old adage that good news is not news seems to apply to Saturday's WSJ coverage of Friday's largely positive evaluation of the DOE Loan Guarantee program by the widely-respected Herb Allison. Hardly a Democratic tool, Mr. All...
Posted Monday, February 13th, 2012 at 7:56 am | Filed in: Energy Security, Policy
Last month, we discussed the growth of the trade deficit in November 2011, due in large part to petroleum imports, stating, “One of the “upsides” of the financial crisis was decreased oil consumption, which led to a narrowed...
Posted Friday, February 10th, 2012 at 1:17 pm | Filed in: Economic Security, Oil, Oil Dependence
Benoit Faucon has a distressing piece in today's WSJ, reporting that "India increased its imports of Iran's oil to become its largest customer last month, partly offsetting a cut in Chinese purchases, as sanctions failed to signif...
Posted Thursday, February 9th, 2012 at 7:10 am | Filed in: Economic Security, National Security, Oil, Oil Dependence
Two recent articles remind us of the importance of energy security and the impact of geopolitics on that security. First, on Saturday, the WSJ reported that Russia is cutting natural gas exports to Europe due to high domestic de...
Posted Monday, February 6th, 2012 at 5:00 am | Filed in: Energy Security, Natural Gas, Oil
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