Liberals in Congress continue to blame anybody but themselves for the high price of energy today. Commenting on the passage of s bill directing the Commodity Futures Trading Commission to use their “emergency powers” to end “excessive speculation” in oil future’s markets, Speaker Nancy Pelosi said, “The American people should …
When required to vote on an energy amendment that would have opened up the supply of resources to lower costs to the American consumer, Democrats on the House Appropriations Committee chose to walk rather than vote. Jerry Lewis (R-Calif.) and Rep. John Peterson (R-Pa.) called for lifting a 27-year ban …
There were no fewer than 12 events relating to energy costs on Capitol Hill yesterday: six news conferences and six hearings. Today another nine hearings and news events are scheduled. Daniel Yergin, Pulitzer Prize-winning author of “The Prize” and chairman of Cambridge Energy Research Associates, assured one Senate panel that …
Skyrocketing gas prices are rapidly changing Americans’ priorities. Voters routinely identify energy costs as either the second or third most important issue. Considering that any economist will tell you that high energy prices are a major cause of recent economic sluggishness, and that the economy has been the No. 1 …
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 …
Last night Barack Obama told his supporters that he won the Democratic nomination for president ”because you decided that change must come to Washington.” If Obama’s plan to address global warming is anything like the Lieberman-Warner bill being debated by the Senate (and it is), then he will have completely failed. In …
Environmentalists and their allies in Congress are already conceding defeat on the Lieberman-Warner global warming legislation that will be debated this week in the Senate. The Washington Post reports that “even supporters of the complex, extensively negotiated 494-page bill say that there is little chance that it will win Senate …
Considering their recent fumbles, no one can rightly accuse House Republicans of being marketing geniuses. But the campaign they launched last month, the “Pelosi Premium,” highlighting how Democrat energy policy drives up the cost of gasoline, is dead on. Covering congressional energy policy, the Politico today dismissively writes of the …
As we outlined earlier today, a cap-and-trade policy would pose a grave threat to the U.S. economy. Yet that won’t stop Congress from charging ahead during the first week of June on the Lieberman-Warner Climate Security Act of 2008. The Heritage Foundation has secured a copy of a complete substitute …
