The ban on crude oil exports was useless in the 1970s, but it is actively harmful today.
News flash: Canada is developing their abundant oil sands and the crude oil is already being shipped to the United States—albeit in a more costly and less safe mode.
A new report from the UK research team at Price Waterhouse and Cooper confirms what we knew all along: We’re right and they’re wrong. Really wrong; once-in-a-lifetime, disastrously wrong if grading on the scale the rest of us are subject to. Grading on the liberal scale, however, it’s just normal, everyday, run of the mill errors in judgment, math, worldview, physics and fluid mechanics that liberals deal with all the time.
Before we begin, let me remind you that I have worked for T. Boone Pickens on the Pickens Plan since 2008, so filter everything that follows through that lens.