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    Production of Oil, Gas and Coal on Federal Lands Sinks to Nine-Year Low

    Last fall the U.S. government’s Energy Information Administration reported a 40 percent decline in oil and natural gas production on federal lands compared to 10 years ago. The White House and a prominent liberal in Congress protested. They said EIA, a trusted source for reliable energy information, was wrong. They … 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

    Obama's Words Don't Match with Action on Oil and Gas

    At this State of the Union address, President Obama proudly stated that “American oil production is the highest it’s been in eight years” and declared that his Administration would “open more than 75 percent of our potential offshore oil and gas resources.” While President Obama spoke favorably of the role … More

    Opening Access, Not Subsidies, The Key to America's Energy Future

      Over the years our federal government has implemented a number of bad policies to reduce dependence on foreign oil. The latest flavor-of-the-month policy is the New Alternative Transportation to Give Americans Solutions (NAT GAS) Act, which would give targeted tax credits to produce natural gas vehicles and heavy-duty trucks. … More

    Obama Wants to Tax Us by the Mile

    Remember that Beatles song about the taxman? “If you drive a car, I’ll tax the street.” Well, that’s just about what the Transportation Secretary has proposed. Bad ideas never die in Washington. They don’t even fade away. As proof, see the third effort in the last two years by the … 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

    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

    Gas Prices Going Up, But President Obama Is Standing Still

    The gas price headlines aren’t looking so good for Americans. Honolulu is a penny away from record gas prices. Chicago gas nears $5 a gallon. Nationally, $4 a gallon average gas may be only be a month away. There’s something that President Obama could do to help solve the problem … More

    Electric Cars Slide Over for New Gas-Powered Cars

    No matter how hard the government tries, it just won’t ever be as effective as the free market is in satisfying consumer demand. Want proof? Take a look at what the federal government is doing to lure people into buying more expensive, less convenient plug-in electric cars. Since little demand … More