Energy Department Turns Ordinary Gasoline Sale Into Major Announcement
Congress forced the government to sell gasoline from the Strategic Petroleum Reserve, an obligation the Biden administration is now bragging about fulfilling.
Congress forced the government to sell gasoline from the Strategic Petroleum Reserve, an obligation the Biden administration is now bragging about fulfilling.
The bill would banish insurance companies from the state if they invest in companies profiting from oil and gas.
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
The sequel is about ecology, politics, economics, imperialism, and much more. But mostly it's about worms.
But perhaps the beginning of the end of era of fossil fuels?
A masterful epic from one of Hollywood's most important, most ambitious filmmakers.
The Colorado governor finds common ground with many libertarians. But does he really stand for more freedom?
The doomsday consensus around climate change is "manufactured," says scientist Judith Curry.
The new administration plans to end the state monopoly on oil and gas.
"When we look at solar and wind around the world, it always correlates to rising prices and declining reliability."
At least until all the gasoline is gone.
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
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The Strategic Petroleum Reserve is supposed to insulate the U.S. from oil embargoes and foreign wars. More often, it has been used like an insurance policy for private companies.
Food prices were up 0.5 percent during November, even as energy prices fell by about 1.6 percent.
"Engineers are really good at making things better, but they can't make them better than the laws of physics permit."
Many politicians who want to ban gas-powered vehicles appear to misunderstand the science.
California's governor is following Carter's disastrous energy policies at a time when the state's residents are suffering from already high prices.
Saudi Arabia snubs Biden by advocating OPEC cut oil production by 2 million barrels per day.
It's the economics of energy production that make petrostates more trigger-happy, Emma Ashford argues in Oil, the State, and War.
Green activists have some good points. But the pursuit of a chemical-free world hurts vulnerable people the most.
Ignoring the principles of supply and demand, Fetterman thinks high gas prices should be a matter for law enforcement.
Prices for food and housing continued to rise but were offset by lower gas and energy prices.
Rebutting Democrats' gaseous words on refiners' greed.
Blaming oil companies and Vladimir Putin for our current energy woes is dishonest and unhelpful.
The average gas station owner makes pennies per gallon of gas sold.
Removing tariffs could save American households $800 this year. What is the White House waiting for?
The Federal Reserve started the problem, and consumers are paying for the consequences.
Plus: Are political parties the ideal vessel for advancing libertarian principles?
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
Corporations were just as greedy when prices fell in 2019 and early 2020.
The Limits to Growth is still “as wrongheaded as it is possible to be.”
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Over the last 100 years, we've seen a 98 percent decrease in climate-related deaths. You can thank fossil fuels.
The White House's latest attempt to scapegoat rising prices ignores everything that happened before the past three weeks.
A windfall profit tax on oil companies didn't work in the 1970s and it won't work today.
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Oil supplies were already tight before petro-state Russia invaded Ukraine.
Gasoline may reach an average of $4 per gallon.
Supplying the power gives you power.
Warren's claim that oil companies are jacking up prices to turn a bigger profit doesn't stand up to even the slightest scrutiny.
30 years after the Soviet collapse, what happened to the Russian dream of a free economy?
Are normal Americans worried about inflation? Jeong says nope, it's a ginned-up outrage because rich people's "parasitic assets aren’t doing as well as they’d like."
Citizens and companies increasingly cannot count on the stability of the law when making decisions about their lives and businesses.
And Trump is taking full credit.