Bachmann's Best Promise: $2 Gas

I have been quite critical of Michele Bachmann lately, but I will defend her whenever she is attacked unfairly. She has just promised that if elected she would bring the price of gas below $2 per gallon. This promise has been met with widespread derision, and even conservative outlets such as …

Read more

Written by Andrew Pavelyev on Thursday August 18, 2011

Don't Pick on Big Oil For Having Big Profits

Congress' decision to attack oil companies is a weak diversion from their own inability to control prices at the pump. Repeal the so-called subsidies to oil and gas? Ostensibly this is a punitive measure that targets oil companies for the rise in the price of gasoline at the pump, even though …

Read more

Written by Brad Schaeffer on Wednesday May 18, 2011

The GOP's Oil Drilling Pipe Dream

The unrest in the Middle East is leading to an uptick in gas prices. But the GOP’s solution, more domestic drilling, won’t bring voters relief at the pump. Here we go again. Every time gasoline prices spike, no matter the reason, Republican leaders and talk radio’s libertarian elite reach for …

Read more

Written by David Jenkins on Tuesday March 15, 2011

Pique Oil

Ever since oil hit $147 a barrel last summer, analysts predicting "peak oil" - the point at which oil production begins sliding inexorably - have had a field day. Perhaps it's true, but the earth doesn't seem to want to cooperate, at least not yet. Case in point: BP yesterday announced the …

Read more

Written by Gusher on Thursday September 3, 2009