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    What's Your Monthly Gasoline Bill?

    If you’re an average American, your monthly gasoline bill is a humongous $368.09. That comes to nine percent of a household’s total income, more than double what it was just two years ago, according to a CNNMoney report. And as a percentage of income, the poor are getting hit the … More

    This Date in History: Obama Imposes Job-Destroying Drilling Moratorium

    One year ago today President Obama imposed a moratorium on offshore drilling in the Gulf of Mexico. It banned shallow-water and deepwater operations, setting the stage for a year of delays in permitting. Now a U.S. senator wants to put a moratorium on federal agencies. Sen. David Vitter (D-La.), an … More

    Morning Bell: Obama's Anti-Energy Policies Are Bankrupting America

    Randall Stilley has witnessed firsthand the Obama administration’s job-killing agenda. As the president and chief executive of Seahawk Drilling, he had to lay off 632 employees before filing for bankruptcy — a direct result of President Barack Obama’s anti-energy policies. Stilley’s company owned and operated 20 shallow-water rigs in the … More

    Deepwater Drilling Permitting Rate Still Way Below Average

    As gas prices continue to climb — reaching as high as $5.75 to $6.03 a gallon in some places — the Department of the Interior remains stingy with deepwater drilling permits. Since February 2011, the administration has issued an average of just 1.3 deepwater permits per month — a 78 … More

    Baucus Not Ending Oil Subsidies but Implementing Tax Hikes

    Senator Max Baucus (D–MT) isn’t shy about picking winners and losers. Last December, he led the charge to keep in place a subsidy of $6 billion per year to the ethanol industry. Now he’s picking the oil and gas industry as losers by proposing to eliminate subsidies for big oil … More

    How Oil Profits Are Good for Americans

    You could substitute a newspaper article from June 2008 with today’s gas price stories, and no one would know the difference. The story is the same: politicians blaming speculators and big oil while ignoring supply and demand issues and the impact of a weak dollar on oil prices. It’s been … More

    Obama's Top Six Gas Price Myths Busted

    The same Washington press corps that hammered President George W. Bush relentlessly when prices were still well under $3 a gallon—well before the $4 a gallon peak, which lasted only six weeks in 2008—have given President Obama a pass thus far on the recklessness of his energy policy. In fact, … More

    EPA Blocks Oil Drilling in Alaska

    There are an estimated 27 billion barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region. With gas … More

    Obama’s Blame of Speculators, Forming of Gas Task Force Misguided

    Maybe President Obama should start investigating John F. Kennedy’s shooting in his spare time, because he’s not going to find a satisfying conspiracy in gas prices. Better yet, he could pick up an economics textbook and turn to the chapter on Supply and Demand. His finger-pointing at speculators and formation … More

    Online Chat on the Anniversary of the Gulf Oil Spill, the Gulf Economy, and Gas Prices

    The one-year anniversary of the gulf oil spill was earlier this week. The policies that have been put in place since then have caused gas prices to skyrocket and caused the economic growth of the Gulf Region to stagnate. Join us on Friday from 12-1 ET for our “Lunch with … More