News & Ideas

What's 1.67 Trillion Divided By 53?

ACE's Ron Lamberty outlines some very large numbers from BP's Statistical Review of World Energy. The number 53, in particular, caught his attention because it's the number of years the oil on planet earth will last.


The truth literally matters

Please don’t give up on this column because it initially sounds like a discussion of grammar or usage or some other English-y things about which I could not care less. (OK, I’ll admit the end of that sentence originally said “English-y things I couldn’t care less about,” but I changed it to avoid derision from fellow English geeks for ending a sentence with a preposition. That means I actually could…


50 million reasons to offer E15. One reason Big Oil won’t allow it

In 2007, when RFS2 was signed into law, it was absolutely clear to every single refiner that something greater than 10% ethanol was going to be needed to be offered to meet the requirements of that law. Someone needs to ask the nation’s refiners: “What have you done to meet the requirements of this law you have known about for seven years?” It’s not that Big Oil has done nothing. They’ve sued all…


Big oil, tear down this wall

Big oil companies in the United States appear to have convinced the Environmental Protection Agency and many members of Congress that there is a “Blend Wall” that prevents refiners from complying with the terms of the Renewable Fuel Standard. They say this 10% ethanol blend wall must remain in place – for America – not for Big Oil’s benefit. Of course not. They claim they’re protecting automobile owners…



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