On the Need For A Federal Oil Reserve

In 1913 the Federal Reserve was established to provide a politically insensitive institution that could make and enforce policy for one of the most important and sensitive elements in our economy: the dollar. Given the disastrous results of the governance of energy, it may now be time to consider a Federal Oil Reserve that would […]

The 1973 Oil Embargo Fifty Years Later: You Could Be Spending 10% of Income on Gas

October 16th marks the 40th anniversary of the 1973 OPEC oil embargo, and numerous groups in the Washington, D.C. area are holding events using the anniversary to have a more serious discussion about energy challenges and opportunities. I will be attending three over the next week, and in preparation wanted to talk about the context […]

Janet Yellen: Maybe Not What You Would Expect

If two similar things with the same theme can be considered a “series,” then last night Reuters put out the second interview in what I’m dubbing the “Inside An Economist’s Brain” series. If you did not see the first one, I was interviewed about a month ago on a psychological profile I conducted of Larry […]

Implications Of Our Global Nationalized Oil Market

A lot of people are excited these days about the growing diversification of the international energy sector. The potential (arguments for which often overlook the misleading promises) of American or North American energy independence has had people excited for over three years now, and for many the excitement grew with the now-famous International Energy Agency […]

Quick Pitch: More Big Data Analysis for Energy

This piece was originally published on the Passions blog of my employer, Praescient Analytics: http://www.praescientanalytics.com/passion.php Projections for global energy demand show massive growth over the next thirty-plus years. The US Energy Information Administration’s International Energy Outlook (2011), for example, suggests that global consumption will grow by 53% from 2008 to 2035. A number of factors […]