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Latest Articles

Do Falling Oil Prices Change the Math on Keystone? Probably Not

Keystone XL is a long term capital investment. As such, the economic decision to proceed with it, all other considerations aside, depends on the long term outlook for oil prices and alternatives. The current decline in prices is not likely to affect the decision to proceed unless they substantially reduced TransCanada’s capital spending. Even with […]

Hobgoblins, Fuzzy Math, and Wishful Thinking

In a recent post on the National Journal on-line, the founder of the Stella Group asserted that it is “nonsense…that renewable energy cannot meet the world’s energy needs… and many peer-reviewed global and country studies show just the opposite”.  He went on to state “most or all of our nation’s or globe’s energy needs can […]

China patiently challenges US military superiority

While the U.S. reacts to the scourges of Ebola and ISIS, China continues to patiently and steadily exploit weaknesses in U.S. military capabilities. The bipartisan U.S. China Commission is poised to release its annual report to Congress that details some of the specifics. The big lesson to learn from it is that the U.S. can […]

The Oil Price Swoon Won’t Stop the Shale Boom

With oil prices sliding, energy investors are worried, while Saudi Arabia and Russia no doubt hope, that low prices will cap America’s boom in shale-oil production. Green-energy types sit by, happy to see turmoil in the fossil-fuel sector. But price dips are common in oil and other markets subject to cyclical swings. True enough, sellers […]

What We Are Reading

Experts fear ‘major’ cyber attacks

lmost two-thirds of technology experts expect a “major” cyber attack somewhere in the world that will cause significant loss of life or property losses in the tens of billions of dollars by 2025. A survey released on Wednesday by the Pew Research Center found that many of analysts expect disruption of online systems like banking, energy and health care to become a pillar of warfare and terrorism.

Police vs cartels in the high-tech battle to stop cybercrime

Cybercrime costs the global economy an estimated $400 billion a year, and as it grows in scale and sophistication, law enforcement is having to do the same. The U.S. secret service helped prevent over $1 billion in fraud losses from cybercrime last year, but it is up against skilled and organized international crime networks.

United Launch Alliance Successfully Sends GPS Satellite Into Space

A United Launch Alliance Atlas 5 rocket blasted off from Cape Canaveral Wednesday and boosted a $245 million Air Force navigation satellite into space, the first step toward an operational orbit and a welcome development after another rocket, also powered by Russian first-stage engines, exploded seconds after launch from Virginia Tuesday.

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