Obama is really looking after the middle class. Today it cost me $90 to fill my tank. Someone put a sticky note on the pump with this on the note: “Thanks Barack for killing the Keystone Pipeline. Thanks Barack for keeping the ethanol mandate in place. Thanks Barack for killing offshore drilling. Thanks Barack for slowing Read the full article…
First, the wisdom. John Kasich, Republican governor of Ohio has established a severance tax for the oil companies drilling in Ohio. Here’s how it works. From the Wall Street Journal. The U.S. fracking boom is leading an economic transformation, at least in the states with the wisdom to manage it well—c.f., gas-rich North Dakota’s unemployment rate Read the full article…
I’ve had some very interesting comments defending Obama’s energy prices through the years of his reign. The defense that always get mentioned is the fact that oil is priced globally and drilling here will not influence the price of gasoline. Sorry, but that’s just not true. The lowest gasoline prices today are in the Midwest. Read the full article…
