Archive for 2014

SHOCKING NEWS: Crude Exports Good For America.

Opening up American crude for exports into the global oil market could boost domestic production by more than one million barrels per day, and would create or support nearly one million jobs in just four years, according to a new report from the energy consulting group IHS. . . .

There are many factors to consider before deciding to open up our country’s suddenly flush domestic oil market to the rest of the world; it’s a complicated matter. This new report sets out a bullish case for major energy policy change, but the politics of such a shift are bound to be tricky. The Energy Information Administration is planning a new series on the topic, and you can expect this debate to heat up as we approach this fall’s midterm elections. In the furor that’s sure to follow, keep this in mind: this is surely the kind of problem we’d like to have.

Anything that weakens Iran and the Gulf Arabs is good for America.

Related: Obama Is Blowing Smoke On New Emissions Rules.

Apparently, the idea is to force states to start up regional cap-and-trade programs, because a federal program now seems impossible.

Does the president actually expect any of this to happen?

As with any new Environmental Protection Agency rule, a lengthy comment period will ensue. After the comment period, the EPA presumably has discretion about the deadlines they set. With a big election coming in 2016, and some nice, big, coal-consuming swing states on the line, I would wager cash money that those deadlines are set no earlier than Dec. 31, 2016.

Kinda like ObamaCare deadlines. Obama’s policies: So popular that they’re all delayed until he’s out of office!

ROLL CALL: House Marijuana Votes Earn Backing of Rare Bipartisan Coalition.

In a series of late-night votes that marijuana-rights advocates say reflect a nation’s changing attitudes, the Republican-controlled House moved early Friday to block the federal government from interfering with state laws on pot and hemp.

The most far-reaching of the votes — a measure to cut funds for Drug Enforcement Agency raids on medical marijuana operations — passed 219-189 on the strength of an unusual coalition that cut across traditional partisan lines.

The medical marijuana measure was offered by conservative Republican Dana Rohrabacher of California as an amendment to the fiscal 2015 Commerce-Justice-Science appropriations bill.

Good. But Rohrabacher is more libertarian than conservative, I’d say.

HMM: Who will replace Shinseki? Five possible picks.

Missing from this list is Phil Bredesen, who was nearly chosen to head HHS in 2008, only to be beaten out by Kathleen Sebelius, who brought more #waronwomen points. I’ll bet Obama wishes he’d chosen differently, now.

THE HILL: Rising drug prices trigger civil war between healthcare lobbies. When the pie starts shrinking, the knives come out. And when you start to run out of other people’s money, the pie shrinks.

Meanwhile, the big money-saving news for me is that Nexium has gone OTC. But by virtually eliminating once-common ulcer surgery, the acid-lowering drugs, even at full price, saved the system money. Some related thoughts here.

WHEN “THE ROAD TO SERFDOM” ISN’T JUST AN EXPRESSION: “The FT’s Isabel Gorst reports Belarus will no longer allow farm laborers to leave their jobs if they want to move to the city. . . . Lukashenko is seeking to curb urban migration, and is notoriously obsessed with farming, Gorst says. He has said he hopes the decree would ‘teach the peasants to work more efficiently,’ and that regional governors who failed to ensure timely and efficient harvests in their regions would be dismissed.”

SO I FINISHED Jim Butcher’s Skin Game last night. A worthy addition to the series, though if Harry Dresden weren’t such a magical hipster, people would probably be calling Butcher a crazed Christianist or something.

A WIDENING CIRCLE in the Tsarnaev investigation? “The arrest yesterday of a Quincy cabbie authorities say treated the accused Boston Marathon bombers to a dinner just hours after the horrific blasts is a clear signal the sweeping investigation is far from over — and could even snare others in the Tsarnaevs’ wide circle of friends and associates, experts say.”