Though still facing an uphill fight in the current Congress, the recently introduced American Energy Act is an important bill because it keeps up the pressure for sensible steps to bring down high energy prices. Regardless of its chances for success in 2008, this bill’s pro-energy provisions – opening up …
Faced with mounting public consensus for more domestic energy production, liberals in Congress are desperate to pass anything that they can claim will lower energy prices (well they will pass anything as long as it doesn’t include actually producing more energy). Yesterday Senate Democrats passed a bill to stop “excessive, …
On May 20th Speaker Nancy Pelosi issued a statement celebrating House passage of a bill preventing President Bush from adding oil to the Strategic Petroleum Reserve. From the statement: “As the price of oil per barrel nears $130, suspending purchases will expand oil supplies and help bring down fuel costs …
Venezuela’s leftist leader Hugo Chavez isn’t set to arrive until tomorrow to meet with Russian Prime Minister Vladimr Putin and President Dmitry Medvedev, but two Russian media outlets are already claiming that Chavez will buy $1 billion to $2 billion worth of subs, helicopters and airplanes while in Moscow. Since …
Yesterday CNN’s Wolf Blitzer interviewed Speaker Nancy Pelosi (D-CA), drilling her about her refusal to allow more domestic energy production. From the interview: BLITZER: There are a lot of people out there, including plenty of Democrats, who say one of the most important things to do right now is to …
Liberals in Congress are desperate to head off the growing consensus for increased domestic oil production. Trying to convince her fellow Democrats not to cave in and allow oil exploration and production off the coast of California, Sen. Barbara Boxer (D-NY) explained: “This is our ethanol.” As persuasive as that …
