There were no fewer than 12 events relating to energy costs on Capitol Hill yesterday: six news conferences and six hearings. Today another nine hearings and news events are scheduled. Daniel Yergin, Pulitzer Prize-winning author of “The Prize” and chairman of Cambridge Energy Research Associates, assured one Senate panel that …
Skyrocketing gas prices are rapidly changing Americans’ priorities. Voters routinely identify energy costs as either the second or third most important issue. Considering that any economist will tell you that high energy prices are a major cause of recent economic sluggishness, and that the economy has been the No. 1 …
When the Democrats were still in the minority, Americans were paying $2.91 a gallon on average for gasoline. At the time, Minority Leader Nancy Pelosi (D-Calif.) promised “a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in …
Considering their recent fumbles, no one can rightly accuse House Republicans of being marketing geniuses. But the campaign they launched last month, the “Pelosi Premium,” highlighting how Democrat energy policy drives up the cost of gasoline, is dead on. Covering congressional energy policy, the Politico today dismissively writes of the …
Echoing the sentiments of conservatives, Jay Leno last night on “The Tonight Show” chided Democrats for their repeated opposition to oil exploration in the Arctic National Wildlife Refuge. Leno’s punchline: Democrats say drilling in ANWR wouldn’t produce any oil for 10 years — the same point they’ve been making for …
“ObamaNation” was apoplectic over ABC News’ decision to question Barack Obama over his associations with a Louis Farrakhan-sympathetic preacher and a college professor up from the Weather Underground. But the Illinois senator’s answers on questions that dealt with policy were even more illuminating. A segment on the economy included this …
With gas prices reaching an all-time high and oil companies banking record profits, it’s easy for the public to blame oil executives for draining their wallets at the pump. Ask an economist, however, and he will give you a different answer: supply and demand. Of course, it’s more complicated that. …
