The high cost of Biden’s energy policy and the so-called ‘Inflation Reduction Act’

The high cost of Biden’s energy policy and the so-called ‘Inflation Reduction Act’
Imagine trying to run a small business that requires you to travel a lot each week, while paying hundreds of dollars extra for gas. Imagine being on a fixed income and having to decide if you can afford to travel... Read more

How high energy prices are making things better this summer

How high energy prices are making things better this summer
In early January, a barrel of crude wanted $76.08 on the New York Mercantile Exchange. At the time, American consumers were hitting the road again from their COVID-19 lockdowns, and the industrial economy was waking up from harsh disruption. The... Read more

Wyden introduces bill to double tax on excess oil profits

Wyden introduces bill to double tax on excess oil profits
Legislation introduced by Sen. Ron Wyden (D-Ore.) would double excess profit taxes on oil companies making more than $1 billion a year. The bill, the Big Oil Profits Tax Act, would impose a 21 percent tax on the excess profits... Read more

National average price of gas expected to fall below $4: GasBuddy

National average price of gas expected to fall below $4: GasBuddy
The national average price of a gallon of gasoline fell to $4.01 on Monday and is expected to drop below $4 imminently, according to estimates from GasBuddy. Gasoline prices have fallen for eight straight weeks after briefly hitting an all-time... Read more