Over a Barrel Blog

The U.S. and China on methanol: Two roads converge

Nobel-Prize-winning chemist George Olah recently put methanol front and center again with a powerful Wall Street Journal editorial arguing for the conversion of carbon dioxide emissions from coal plants into methanol for use as a gasoline substitute in our car engines. Co-writing with University of Southern California trustee Chris Cox, Olah noted, “Thanks to recent […]

Model building, Playboy and the impact of ethanol on gasoline prices

I recently read a number of provocative articles (or their summaries) by MIT’s Christopher Knittel and Aaron Smith. They faulted a pair of respected researchers from Iowa State University, Dermot Hayes and Ziaodong Du, in somewhat harsh tones. According to Knittel, the Iowa State pair, in their ethanol-related studies over a three year period (from […]

And that’s the way it is or isn’t — stable oil and gas markets

“And that’s the way it is” was used by my favorite news anchor, Walter Cronkite, to sign off on his highly respected network news show. And that’s the way the content he generally delivered generally was — clear, factual, helpful. I have tried to apply Cronkitism to today’s media analyses and commentary on oil production […]