This is good language from the President in bold: America’s dependence on oil is one of the most serious threats that our nation has faced. This is not: They’ll be jobs building the wind turbines and solar panels and fuel-efficient cars that will lower our dependence on foreign oil … Nor is this: And just last […]
Read moreMore oil supply
In May of 2007, I wrote Why are gas prices high, and what can we do about it? At the time, the national average price for a gallon of regular unleaded gasoline was $3.22. The national average price is now 59 cents higher, at $3.81 per gallon. That’s down 30 cents from a high of […]
Read moreVeto threat on House energy bills
As a follow-up to last night’s note on the energy bills the House is considering today, here is the Statement of Administration Policy (SAP) on these two bills. The key sentence is: Because H.R. 2776 and H.R. 3221 fail to deliver American consumers or businesses more energy security, but rather would lead to less domestic […]
Read moreWhy are gas prices high, and what can we do about it?
The national average price for a gallon of regular unleaded gasoline is one penny short of its all-time high (adjusted for inflation), at $3.22 per gallon. That’s about $1 per gallon higher than early last November. In recent years, it reached $3.04 in September of 2005, and $3.00 in August of 2006.
Read more
27 April 2009 

