With absolutely no fanfare, dying with a bang not a whimper, the 45 cent per gallon tax credit for ethanol producers went away this week. This will add 4.5 cents a gallon to gasoline prices if ethanol producers pass it through on the 10% blend in gasoline. Reverse income redistribution. Money going from the few Read the full article…
This is a story of apples and oranges. The US imports finished products. For 2011 that is estimated to be 750 million barrels. The US exports finished products. For 2011 that is estimated to be 848 million barrels. In 2011 the exports exceeded the imports. A good share of that was to Mexico. Most of the Read the full article…
As we enter 2012, there is little about 2011 we can look back and celebrate. Even though the voters gave the Republicans the House, Obama was successful in keeping his drive to make America Europe moving forward. Now he begins his war on success in earnest. Pitting the country against one another. Trying to get Read the full article…
