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Bill O’Reilly

deregulation

Betting with Deregulation – A Risky Proposition

By Energy Rant No Comments
Energy is a commodity, and like all commodities, it is wise to hedge risk; not go the other way and place bets. Unless you are a certain presidential candidate with privileged information on cattle futures, I would stay away from betting, er investing in, commodities in general, and energy specifically. To digress for a moment, recall when gasoline cost $4 per gallon, there were all kinds of calls to investigate price gouging and rigging the market. Bill O’Reilly would ignorantly rant about the “speculators”. I said then, in 2008 just before this blog was born, that was poppycock. Senators Chucky…
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Talking Heads

By Energy Efficiency, Energy Rant, Utility Stuff No Comments
This is not about the excellent 80s band, unfortunately. Companies that provide necessities of life serve as punching bags to the public, media, and politicians.  I’ve said this before.  This week, we have more examples of beating up electricity and other utility providers. First, as I was explaining in my “Energy Efficiency 101” course Friday for new and recent hires at Michaels Energy, power companies are expected to provide power 24/7, every minute of the day, hell or high water, with no emissions, no nukes, out of sight, and with negligible cost.  It would be easier and less controversial to…
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Petroloons

By Energy Efficiency, Energy Rant, Government, Tax Stuff, Utility Stuff No Comments
A few weeks back in Evil v Clueless, I attempted to clarify populist, rhetorical BS that crops up in times of rising gasoline prices. True to form, a couple really stupid death-spiral proposals have surfaced: ending “tax breaks” for oil companies and reigning in speculators. Bashing big oil has surfaced this gem again: we need to end tax breaks/subsidies for big oil. The angry mob of medieval grunts raise their clubs and swords to the air and roar approval. The “tax breaks” they are talking about are the same ones every company in the US uses and rightly so: depreciation…
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