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  • gas prices

    Flat-Earth Thinking on Gas Prices?

    President Obama blasted oil-drilling advocates last week, equating their solution for high gas prices to people who didn’t believe the Earth is round. President Obama said, They dismiss wind power. They dismiss solar power. They make jokes about biofuels. They were against raising fuel standards. I guess they like gas-guzzlers. … More

    How the Strategic Petroleum Reserve Affects Gas Prices

    What happened to gasoline prices the last time Obama invoked a coordinated release of the Strategic Petroleum Reserve? Before Obama announces the SPR release, the price is already declining. He announces, and the price continues to decline; then, it levels off and starts to go back up. Immediately upon the … More

    Pop Quiz: 10 Questions to Test Your Knowledge on Gas Prices

    Americans are upset over the rising cost of gasoline. As the national average for regular unleaded climbs to nearly $4 per gallon, President Obama’s approval rating is headed in the opposite direction. As drivers pay closer attention to the price at the pump, they’re also growing more displeased with the … More

    Releasing Oil from SPR Still Not a Good Idea

    Reuters reported that President Obama and Prime Minister David Cameron discussed jointly releasing oil from emergency reserves. Although the White House denied the report, releasing oil from our nation’s Strategic Petroleum Reserve is still not a good idea. The Strategic Petroleum Reserve (SPR), managed by the Department of Energy (DOE), … More

    Morning Bell: Harry Reid Opts for Political Theater on Judicial Nominees

    Majority Leader Harry Reid (D-NV) has rightfully earned the reputation of running a do-nothing Senate. More than 1,000 days have elapsed since the upper chamber approved a budget. He’s currently ignoring the House-passed JOBS Act and actively opposing steps to lower gas prices. Now, in a blatant political stunt, Reid is … More

    Energy Secretary Chu Tries to Walk Back His Desire for Higher Gas Prices

    In a stunning round of questioning this afternoon, Energy Secretary Steven Chu said he no longer wishes for gas prices to rise to historic levels, as he has previously and repeatedly promoted. At a Senate Energy and Natural Resources Committee hearing, Senator Mike Lee (R-Ut.) asked Secretary Chu: “So are … More

    Is Anti-Conscience Mandate Dragging Down Obama’s Approval Rating?

    Journalists and pundits are chalking up President Obama’s plummeting approval rating to the high cost of gasoline. No doubt that’s having an impact. But there’s another important factor to consider: Obama’s decision to trample on the religious liberty of Americans. Since the Department of Health and Human Services announced its … More

    Gulf Coast Businesses Suffer Strain of Offshore Drilling Slowdown

    As gas prices continue to climb, approaching a nationwide average of nearly $4, lawmakers in Washington turned their attention to the drilling slowdown in the Gulf of Mexico. The House Subcommittee on Energy and Mineral Resources held the oversight hearing Thursday examining how the Obama administration’s policies have put a … More

    Scribecast: Sen. James Inhofe Says Global Warming Is ‘The Greatest Hoax’

    In a new book out this week, Sen. James Inhofe (R-OK) traces the history of global warming hysteria and concludes it’s a downright hoax. He also reveals how climate-change champions are benefiting financially by promoting the idea. Inhofe’s book, “The Greatest Hoax: How the Global Warming Conspiracy Threatens Your Future,” … More

    President Responds to the Inaudible Cries for Higher Gasoline Prices

    It appears the President studied economics with his textbook upside down. He proposes to raise taxes on oil companies in order to combat high gasoline prices. Or not. Maybe his textbook was right side up and he thinks gasoline prices are too low. That would be consistent with statements by … More