How quickly they fall into line when something threatens their business: The Swiss government said Friday it would cooperate on cases of international tax evasion, breaking with a long-standing tradition of protecting wealthy foreigners accused of hiding billions of dollars in the Alpine nation. The government insisted it would hold onto its cherished banking secrecy [...]
Archive for the ‘Energy Policy’ Category
Hobbies, Not Principles
Posted in Energy Policy, Foreigners, Middle East on March 13, 2009 | Leave a Comment »
Oil Prices
Posted in Energy Policy, South America on January 14, 2009 | Leave a Comment »
First question: why would anyone agree to a long-term deal with Chavez? Seriously. Talk about an obsolescing bargain. http://www.nytimes.com/2009/01/15/world/americas/15venez.html Second question: why are oil stocks up from October, despite a significant decline in the price of, you know, oil (West Texas Intermediate has gone from $77/bbl to $45/bbl)? XOM was $62 then; now it is [...]
Crisis=Opportunity
Posted in Energy Policy, Finance, Meltdown, Middle East on November 28, 2008 | Leave a Comment »
This guy kind of sounds like a jerk. Hopefully people will listen to him (he has more credibility than I do): http://www.nytimes.com/2008/11/28/opinion/28roach.html Leaves out the one tax the government should be imposing to fund the various bailout/stimulus needs: $2/gallon gasoline tax. It would provide $280bn/year on current gasoline use, enough to pay off much of [...]
9/11
Posted in Energy Policy, George W. Bush, Middle East, Military, War on Terror on September 11, 2002 | Leave a Comment »
It’s hard to believe it’s been a year. We have not caught Osama bin Laden. We have not caught Mullah Omar. We have not caught any of the Muslim Brotherhood advisors to al Qaeda. We did not engage al Qaeda at Tora Bora for three days, and then only by proxy army. Neither Tommy Franks [...]