With gasoline topping $4 a gallon nationally, there’s a lot of speculation as to what actually causes gas prices to soar. Unknowingly, many folks point fingers at speculators and futures markets, claiming these financial speculators, along with big oil companies, take home all the profits. But George Mason economist Walter Williams does …
Writing in the Modesto Bee, Rep. George Radanovich (R-CA) reports: “Listening to constituents this Memorial Day, the issue most on their minds was the price of gasoline.” Judging from the Senate’s desperate effort to “do something” about gas prices this week, we’re guessing most congressmen heard the exact same things …
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 week Speaker Nancy Pelosi (D-CA) sent a letter to President Bush on Earth Day identifying three pieces of energy legislation that she claims will “save Americans money.” One bill is actually a decent idea, but has no hope of lowering energy prices anytime soon. Another bill could marginally increase …
The House Republican Conference released a video last week titled “The Pelosi Premium” contrasting then-Minority Leader Nancy Pelosi’s (D-CA) 2006 promise to pass a “commonsense plan to help bring down skyrocketing gas prices” with the steep rise in gas prices since she took the gavel. According to the video, the …
