It’s difficult to believe that less than a year ago, proponents of expanding the natural gas industry insisted that it needed federal subsidies. But at least one prominent advocate is now singing a different tune. Back in December, billionaire T. Boone Pickens wrote in Politico: The problem is that there …
George Soros, a billionaire investor and major backer of President Obama, stands to reap a windfall from legislation promoting natural gas-powered vehicles. The White House unveiled a proposal on Thursday that would do just that. The proposal would offer incentives for companies to buy and use trucks powered by natural …
House Minority Leader Nancy Pelosi (D-CA) has pushed for a piece of legislation that would directly enrich her financially. Pelosi owns a major stake in a company that would likely see its share prices rise significantly if the legislation is passed. The bill is called the New Alternative Transportation to …
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. …
