There was a time when the Biden administration used to claim that the surge in inflation was a brief ‘transitory. thing.
Encouraging domestic fuel production would reduce the cost of diesel. Unfortunately for all of us, that doesn’t fit the administration’s agenda.
A J.P. Morgan analyst predicts that by August, American drivers will be paying $6.20 per gallon average for gasoline.
Russia’s role as the junior partner in the Russo-Chinese relationship would have been seen by Putin’s Soviet and czarist predecessors as a humiliation.
We need more refining capacity now, which means we needed more refinery investment five to ten years ago.
If insufficient refinery capacity is keeping gas prices high, then releasing crude oil from the Strategic Petroleum Reserve won’t help much.
We’re taking a deep dive into why diesel-fuel costs are rising so quickly — and no, President Biden, it’s not just because oil companies are ‘greedy.’
Over on Capital Matters, Iain Murray writes about Margaret Thatcher and Benjamin Zycher writes about canceling oil and gas leases.
‘Climate change’ has become the default excuse for any number of adverse events — no further explanations needed — including many unrelated to climate.
‘Let’s be clear: it will not be easy, because some member states are strongly dependent on Russian oil,’ von der Leyen said.