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    Congress Should Permanently Waive the Ethanol Mandate

    Last week, the Environmental Protection Agency (EPA) rejected a proposal from a number of governors and federal legislators to partially waive the Renewable Fuels Standard, which mandates the production of 36 billion gallons of ethanol by 2022. This year, the Energy Policy Act of 2005 requires refiners to blend nearly … More

    After the Hurricane, a Supply Crisis from Price Controls

    In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from raising their prices more than 10 percent “within 30 days of a declared state of emergency.” Despite the intentions of New Jersey legislators, laws intended … More

    Low Carbon Fuel Standards Will Drive Gas Prices Higher

    The national average of gasoline is $3.78 per gallon, with some drivers experiencing a price of more than $4 per gallon. The price at the pump, up nearly 40 cents from a year ago, has faded out of the political limelight but remains a top concern for American families on … More

    The EPA’s 4 Gallon Minimum Fuel Requirement

    Drive an older car or own a moped, motorcycle or lawnmower? Depending on which fuel pump you use, the Environmental Protection Agency (EPA) is requiring that you buy at least four gallons of fuel—although some vehicles that require the minimum four gallon requirement don’t even have a four gallon fuel … More

    New Auto Efficiency Regs: Special Interests Win, Consumers Lose

    The federal government finalized new automobile efficiency rules today for cars and light trucks for model years 2017–2025. The rules require an average fuel economy of 54.5 miles per gallon (mpg) in 2025. Proponents of the rule advertise the more stringent mpg standard as a win for producers, consumers, and … More

    Want Cheaper Gasoline? Waive Regulations

    Even as the summer travel season is winding down, drivers have certainly noticed that gas prices are marching back up. Since the law of supply and demand hasn’t yet been repealed (or even suspended by executive order) the answer seems simple enough: increase the amount of gasoline available. A recent … More

    Ethanol Mandate Ignores the Free Market

    In the midst of one of the most severe droughts on record, Washington’s ethanol mandate is making the corn shortage even worse. Markets have responded quickly and flexibly to the drought where they can, but some corn buyers are sidelined by the rigid government ethanol mandate. Corn prices are skyrocketing, … More

    Morning Bell: Higher Gas Prices Add to Economic Slump

    Unemployment is at 8.3 percent. The economy is sputtering at 1.5 percent growth. Food prices are rising due to drought conditions across the country. And gas prices are up again, pinching Americans’ summer budgets. It is past time for the President and Congress to pursue smart policies that would put … More

    Morning Bell: The Energy Revolution and Its Discontents

    With all the gloomy economic news coming out of late, one bright spot flew under the radar last week: the United States is poised to be the proverbial center of the energy universe. A recent study by Harvard Research Fellow Leonardo Maugeri found that the United States’ incredible shale reserves represent “the … More

    A Two-Gallon Compact Car

    How would you like to buy a nice compact car with a two-gallon gas tank? It costs only $36,000, and it takes seven hours to fill the tank. Secretary of Energy Steven Chu wants lots of those cars, though he insists they will be $10,000 cheaper. The car alluded to … More