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Tuesday, May 21, 2013

Daily Archives: March 14, 2012

Carpe Diem

Chart of the Day: Rig Count Reversal Since 2010

Mark J. Perry | March 14, 2012, 10:36 pm

The chart above displays updated data from Baker Hughes on rig counts for oil  and natural gas drilling in the U.S.  Over the last two years, there’s been a complete reversal of the share of rigs drilling for oil vs. … read more >

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Carpe Diem

North Dakota Now No. 3 State for Oil Production

Mark J. Perry | March 14, 2012, 9:02 pm

The EIA released monthly oil production data today by state through the end of 2011, confirming that for the first time ever, North Dakota’s oil production in December (535,000 barrels per day) surpassed California  (531,000 barrels per day).  Based on … read more >

Reply
Carpe Diem

Markets in Everything: College Price Discrimination

Mark J. Perry | March 14, 2012, 5:12 pm

Santa Monica College to offer two-tier course pricing:  “The school’s governing board has approved a plan to offer certain high-demand classes for a higher price when the regular classes have filled up. It’s believed to be the first such scheme … read more >

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Politics and Public Opinion

Political motivations would never influence the Justice Department … right?

Alex J. Pollock | March 14, 2012, 4:31 pm

Joe Nocera in the New York Times, discussing the defalcation by MF Global and the status of prominent Wall Street Democrat, Jon Corzine, its former CEO: “Let’s not mince words here.  These executives committed a crime.” “A failure to prosecute … read more >

Reply
Foreign and Defense Policy, Europe and Russia

Missile defense cooperation with Russia should be limited

Daniel Vajdic | March 14, 2012, 4:16 pm

The Obama administration is reportedly prepared to share interceptor data with the Kremlin to alleviate Russian concerns about U.S. missile defense plans in Europe. This would include information about interceptors’ “velocity at burnout,” or VBO, which indicates an interceptor’s speed … read more >

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Economics, Energy and the Environment

Energy fact of the week: Who gets the most subsidies?

Steven F. Hayward | March 14, 2012, 4:14 pm

On Tuesday, the U.S. Senate voted down reviving the production tax credit for wind power, but also voted down Senator Jim DeMint’s sweeping proposal to do away with all energy subsidies for everybody—fossil fuels, wind power, solar power, biomass–the whole … read more >

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Economics, Energy and the Environment

Climate change derangement syndrome on the rise

Kenneth P. Green | March 14, 2012, 4:14 pm

Recent news reports suggest that a new syndrome — call it Climate Change Derangement Syndrome (CCDS) — is on the rise. Exhibit 1: Greenhouse Gases are Making You Fat: Mad as it may sound, Danish researchers have announced a theory … read more >

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Carpe Diem

With Car Sales Surging, Auto Parts Suppliers in Michigan Are Booming, Adding Thousands of Jobs

Mark J. Perry | March 14, 2012, 3:06 pm

From Michigan Public Radio: “Detroit automakers are creating thousands of new jobs amid a sales boom. And as they expand, their suppliers are racing to keep up, adding tens of thousands of new jobs.  In a dramatic reversal, many suppliers, … read more >

Reply
Economics, Entitlements

Jeffrey Sachs, the World Bank, and campaign finance

Daniel Rothschild | March 14, 2012, 2:40 pm

Breaking with tradition and good taste, Columbia University economist Jeffrey Sachs is in the midst of an all-out campaign to be the next president of the World Bank, replacing Robert Zoellick when his term ends this summer. On March 1, … read more >

1
Carpe Diem

Creative Destruction: $7 iPad App Replaces $15,000, 20 Pound Communication Device

Mark J. Perry | March 14, 2012, 1:28 pm

Bloomberg — “Emma Edwards, 26, has no control over the fine motor muscles in her hands, which stay tightly and awkwardly clenched. She also can’t talk, walk or move her arms more than 20 inches at a time. Edwards, who … read more >

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