For years, economists have been saying that cap-and-trade would be an economy killer. Now, a group of California Democrats has come to the same conclusion in a letter to the head of California’s air resources board. The 16 Democrats have requested a delay or change to the rules that would put gasoline under the same cap-and-trade rules […]
Tag: "gas prices"
It’s the question candidates are asking. Are you better off? Last week’s job report seemed to indicate a slight improvement in business. But a quick look at the job layoff report might make one think otherwise. Daily Job Cuts: October 10, 2012 Layoffs Report Cummins announces plans to cut up to 1,500 jobs by end […]
With Hurricane Isaac’s slamming the American gulf coast putting a temporary halt to oil production and refinery output, consumers can expect to see higher prices at the pump. Just in time for the Labor Day holiday. Before Hurricane Isaac came along, gasoline costs were at an almost four month high. The nationwide average rose to […]
Back in April, when diesel fuel was rapidly approaching $4.50 per gallon, I wrote an article predicting the recent downturn in our economy. Today oil fell below $80.00 per barrel and diesel fuel is now well below $4.00 in most places. Given my economic theory of diesel, there is an approximate three month lag between […]
Welcome to the beginning of the end of the economic recovery. On Tuesday diesel fuel was $4.49 per gallon along interstate route 81 in New York State! The price of fuel is rapidly approaching what Malcolm Gladwell would call the “tipping point”. Diesel fuel hit a peak of $4.72 per gallon in July of 2008. […]
The campaigner-in-chief has really stepped in it this time. Barack Obama, facing the fact that due to a miserable economy and extremely high gas prices crushing middle class Americans, he will assuredly be a one and done President in November… so now he wants the American people to believe he is really ramping up U.S. energy production … as […]
Gas prices in the United States are an ongoing concern. Prices for food, clothing, and shelter are also sky rocketing, but the cost of gas is getting higher and higher. Clearly the rising prices are a reflection of many things including our failing economy and out outrageous spending by a government out of control, but […]
In February 2012 New York Democratic Senator Charles Schumer called upon Secretary of State Hillary Clinton to request Saudi Arabia increase their oil production to make up for potential disruptions in the world’s oil supply resulting from Iranian saber-rattling. Schumer’s unhidden rationale was that such a pledge from the Saudis would drive down gasoline prices […]
In late 2006, Americans were rolling along with 4.4% unemployment, the average price for a gallon of gasoline was $2.20, and America’s total national debt stood at $8.5 trillion dollars. When comparing the statistics above with those of today after Democrats took over both houses of Congress in ’07, held the Senate in the ’10 elections […]
Sen. Sessions (AL) met with Senate colleagues to discuss Obama’s obstructionist energy policy. “Why are we seeing such a resistance to production of oil and gas? I believe Secretary Chu may have let the cat out of the bag when he said they really want to eliminate oil and gas as an energy source, and […]
Gas prices have doubled under Obama’s leadership. Implementing the same policies as Jimmy Carter, the same outcome has resulted. How long until late 70’s inflation rears its ugly head due to the failed economic policy of another progressive administration.
There’s widespread consensus in the United States that America needs to become less dependent on foreign oil. America’s growing, ongoing dependence on foreign sources puts her at ever-greater risk in an unstable world. This instability drives the costs higher. Progressives who feel an overwhelming compulsion to immediately replace America’s existing carbon economy with a green […]