When the Democrats were still in the minority, Americans were paying $2.91 a gallon on average for gasoline. At the time, Minority Leader Nancy Pelosi (D-Calif.) promised “a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in …
Proponents of global warming legislation often dismiss the economist costs of implementing a cap and tax scheme to reduce carbon emissions. They’ll ask, “What’s the cost of not doing anything at all?” Well, according to the International Energy Agency, the cost of actually doing something will come at a remarkably …
Eager to protect Democratic senators from coal-producing and heavy industrial states, Majority Leader Harry Reid (D-Nev.) was expected to pull the Lieberman-Warner carbon-cap bill from the Senate floor today – and Majority Whip Dick Durbin (D-Ill.) says it’s not coming back. This is a major, but temporary, victory for conservatives. And …