AMERICA’S PAKISTAN PROBLEM

The Bush administration’s muted reaction to the dictatorial rule of Pakistan’s Pervez Musharraf has nothing to do with its stated goal of promoting democracy in Asia and the Islamic world.

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IF NOT COAL, THEN WHAT?

Coal is the red-headed stepchild of the American energy business. Yes, coal is dirtier than the other fossil fuels. Yes, it pollutes the air and emits more carbon dioxide per unit of energy than oil or natural gas. And of course, coal mining is a dirty business that scars the earth.

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IS BIG OIL FOR OBAMA?

Among Democrats, it is widely accepted that George Bush and Dick Cheney are in the tank for Big Oil. Yet some of the leading players in the U.S. energy business can’t wait for them to leave office.

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ETHANOL INSANITY

Barack Obama doesn’t want to talk about corn ethanol. And it’s no wonder. In early August, his campaign Web site purged several sections of his energy plan that talked about corn ethanol.

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THE PETROBRAS EXCEPTION

There are many reasons oil is trading above $100 per barrel, including soaring global demand and the fading luster of the U.S. dollar.

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FROM ENRON TO THE FINANCIAL CRISIS, WITH ALAN GREENSPAN IN BETWEEN

Enron was only a prelude to the current market meltdown. In the wake of the Enron bankruptcy—which was briefly the biggest failure in U.S. history—two key lessons were obvious: Financial regulators needed lots more funding and personnel, and derivatives markets that were allowed to operate without proper regulatory oversight and reporting paved the way for financial engineers to privatize profits and socialize costs.

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THE CORN ETHANOL JUGGERNAUT

The huge corn ethanol mandates imposed by Congress a few years ago may be the single most misguided agricultural program in modern American history.

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OBAMA: THE SENATOR FROM BIG CORN

On August 22, the American Corn Growers Association endorsed Barack Obama for the presidency. It was only the second time in the group’s 21-year history that it has endorsed a candidate for the White House.

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JUICE: HOW ELECTRICITY EXPLAINS THE WORLD

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