IER STUDIES
June 26th, 2008
Can America “Extrapolate” Its Way to Energy Security?
June 23rd, 2008
Speculators Not to Blame for High Oil Prices
June 5th, 2008
IER Economist Murphy Takes on Nordhaus’ Case for a Carbon Tax
May 20th, 2008
Energy Lesson: Drilling vs. Production
FROM THE BLOG
July 1st, 2008
How Credible is Stern’s Testimony About the Costs of Global Warming?
June 27th, 2008
The Energy Scorecard of the OPEC Congress
June 25th, 2008
Issue Focus: Oil and Gas Leasing on Federal Lands
June 24th, 2008
Question: How Many Times Has the FTC Found Evidence of Price Gouging by Energy Companies?
IN THE PIPELINE
Oil producers can solve supply woes: Exxon
Oil producing countries need to remove barriers to investment to ensure global oil markets are well supplied, but they are unlikely to do so as long as prices remain high, Exxon Mobil Corp CEO said on Tuesday.
Energy experts puzzled over oil prices
As crude soared to a new record, the head of the International Energy Agency declared that the world was in the grip of an “oil shock,” and the president of OPEC acknowledged he could not say whether prices would flatten out or continue to soar.
Who’s Behind High Prices
Speculator-bashing is another exercise in scapegoating and grandstanding. Leading politicians either don’t understand what’s happening or don’t want to acknowledge their own complicity.
Iraq Opens Bidding on 8 Oil and Natural Gas Fields
Iraq opened international bidding for eight enormous oil and gas fields Monday, paving the way for investment in a nation with some of the world’s largest petroleum reserves.
History’s Fall Guys
The primary culprit for the nation’s heebie-jeebies is the record price of fuel. At such times, the political and chattering classes share a vital responsibility-they must identify a villain. Inevitably they have settled on “speculators” as their bogeyman
IER IN THE NEWS
Don’t Blame Ben
The Federal Reserve and its leader, Ben Bernanke, have taken a lot of hits in recent weeks. Some even suggest that the energy crisis is due more to Fed fumbling than anything else. This is preposterous.
McCain Touts Coal, Nuclear While Decrying `Playing Favorites’
As a presidential candidate, the Arizona Republican is backing specific industries in proposals for relief from high energy prices and foreign dependence.
History’s Fall Guys
The primary culprit for the nation’s heebie-jeebies is the record price of fuel. At such times, the political and chattering classes share a vital responsibility-they must identify a villain. Inevitably they have settled on “speculators” as their bogeyman
Obama’s Dry Hole
The WSJ dispels the notion that every acre of federally leased land produces oil and natural gas.
McCain oil plan relies on Middle East
Sen. John McCain caps his weeklong push for U.S. energy independence with a trip Friday to Canada, but his own environmental plan discourages use of Canadian oil and drastically increases American reliance on oil from the Middle East.

