KeithHennessey.com

(Editorial note:  I was doing so well moving to shorter posts.  I fail miserably in achieving that goal here.  I went the comprehensive route instead.  I promise to return to shorter posts in the future.  Buckle up – this is a long ride.  I hope you find it’s worth it.)
(Update:  There’s an important correction in [...]

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¢ higher, at $3.81 per gallon.  That’s down 30¢ from a high of $4.11 in early [...]

In his State of the Union address, the President proposed an energy plan we call “Twenty in Ten”.  The goal is to reduce U.S. gasoline usage by 20% within 10 years (by 2017).  There are two main components to 20 in 10 that would reduce gasoline usage:

fuel economy standards – we would increase the “CAFE” [...]

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.
Q:         Why are gasoline [...]