Bob McCarty Writes

Humor, Politics, Culture & Capitalism @BobMcCarty

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API: Kerry-Boxer Worse than Waxman-Markey

October 24th, 2009 · No Comments

My friends at the American Petroleum Institute, a Washington, D.C.-based group that represents some 400 companies involved in the oil and natural gas industry, sent me a note about an extremely-dangerous piece of legislation being sponsored by Sens. John F. Kerry (D-Mass.) and Barbara Boxer (D-Calif.).  It contained the substance of a statement API President [...]

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Obama to Close GITMO, Submerge Prisoners?

September 26th, 2009 · 4 Comments

File this under “never would have guessed it.” In a piece published today at Right Truth, writer R.J. Godlewski unwittingly provides the evaluatory “tools” needed to connect the future of the Guantanamo Bay Detention Facility with President Barack Obama’s relentless assault of the nation’s oil and natural gas industry. Before I continue riding this train [...]

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Pace of U.S. Petroleum Demand Decline Slows

September 16th, 2009 · No Comments

The pace of U.S. petroleum delivery declines continued to slow last month, according to the American Petroleum Institute’s Monthly Statistical Report, which noted the 2.1 percent year-to-year slip in overall petroleum deliveries (a measure of demand) was the smallest in a year and a half. While distillate fuel oil (diesel and heating oil), along with [...]

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Cap-and-Trade Proposal Carries Adverse Impact

May 21st, 2009 · 1 Comment

American Petroleum Institute President Jack Gerard issued the following statement today regarding the House Energy and Commerce Committee’s approval of the Waxman-Markey cap-and-trade proposal in a 33-25 vote largely along party lines: “While the bill has laudable environmental and economic goals, its inequitable system of allocations remains intact and if enacted would have a disproportionate [...]

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Obama ‘Cap and Trade’ Energy Tax Plan Costly

March 19th, 2009 · 2 Comments

President Barack Obama’s “cap and trade” energy tax plan is drawing a lot of negative attention this week — and for several good reasons! Yesterday, officials at the American Petroleum Institute issued the following statement that is critical of the plan: “The White House’s unofficial new estimate for the cost of capping the nation’s greenhouse [...]

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Average Retail Gasoline Price Declines Again

December 3rd, 2008 · No Comments

For the 20th time in the last 21 weeks, according to the Energy Information Administration, the average U.S. retail price for all grades of gasoline declined.  The average price fell 8.2 cents (4.2 percent) from Nov. 24 to $1.870 per gallon on Dec. 1 — the lowest weekly average since Jan. 17, 2005. For a [...]

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World’s Deepest Offshore Drilling Rig Takes Root

August 19th, 2008 · 2 Comments

Speaker of the House Nancy Pelosi would do Americans a favor by learning more about the Perdido Regional Development Spar and discarding her misguided talking points about how it would take 10 years or more to reap benefits from new offshore drilling efforts Congress might approve. As the son of a now-retired petroleum geologist, I [...]

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