Making Sense of Last-In, First-Out (LIFO) and We Aren’t Talking About Your Work Schedule
As policymakers debate fiscal issues, including deficit reduction efforts, some have called for a retroactive repeal of the “last-in, first-out,” (LIFO) an inventory accounting method used by nearly 40 percent of U.S. businesses.
No Virginia, the Obama Administration didn’t just legalize crude oil exports
Contrary to many highly misleading media reports (See here, here, and here) the Obama Administration did not just unilaterally undo several laws that have been on the books for decades, to allow the unfettered export of US crude oil. It’s...
A Cautionary Tale – GHG NSPS Not Just for Utilities
Some in the refining industry breathed a sigh of relief when the Obama Administration signaled earlier this year that they would not propose a refinery greenhouse gas New Source Performance Standard (NSPS) while they were in office. In addition, environmental...