All Posts Tagged With: "gas prices"
Oil Tax Breaks Survive Senate Vote
“The Senate on Tuesday blocked a Democratic proposal to strip the five leading oil companies of tax breaks that backers of the measure said were unfairly padding industry profits while consumers were struggling with high gas prices.” (New York Times) Discretion in the hands of politicians is dangerous. FEE Timely Classic “Tax Breaks Aren’t Subsidies” [...]
18May2011 | Foundation for Economic Education | 1 comment | ContinuedDeflation: The Bogeyman of Bankers and Confused Economists
Excellent article on this currently popular topic from the FEE vault: The Dreaded D Word by Christopher Mayer
15Dec2008 | Mason Drake | 0 comments | ContinuedGas Prices: The Latest Excuse to Reengineer Society
As someone who commutes 16 miles each way to work in a gas-guzzling sports car along the LA-area freeways, I’ve been less-than-amused by the nearly $5 a gallon I must pay for the premium fuel that keeps my mid-life-crisis-mobile running. Yet despite the misery of high prices, I’ve taken a certain joy in watching the [...]
1Nov2008 | Steven Greenhut | 0 comments | ContinuedPoliticians Eye the Oil Market
With oil prices setting records every week and gas prices topping $4 per gallon, voters are getting increasingly angry. This naturally makes the politicians nervous, so they do what they can to divert blame from themselves at all costs. Two easy targets are “Big Oil” and speculators. In this article we’ll see that the politicians’ [...]
1Oct2008 | Robert P. Murphy | 1 comment | ContinuedWhom Should We Thank for High Gas Prices?
I am writing this after having just filled my tank with gasoline at $3.99 per gallon. Oil is over $125 a barrel. Big Oil and their CEOs are the hands-down favorite to win the Snidely Whiplash People’s Choice Award. Since Big Oil is our favorite villain, no one really wants to hear about the other [...]
1Jul2008 | Michael Heberling | 2 comments | ContinuedPutting a Bureaucrat in Your Tank: Gasoline Markets and Regulation
If you run a barrel of crude oil through a still, the technique used by the earliest refineries and still a stage in modern refining, it separates into various fractions, including kerosene, gasoline, diesel, fuel oils, waxes, and asphalt. Without further processing, about 10 percent will be “straight run” gasoline. In the 1870s this 10 [...]
1Oct2007 | Andrew P. Morriss | 0 comments | ContinuedMitigating Disaster: Abolish FEMA and Let Gas Prices Rise
The waste, delays, and incompetence that characterize FEMA are the result of a free-rider problem inherent in all federal spending programs.
1Dec2005 | Dwight R. Lee | 0 comments | ContinuedWe’re Running Out of Oil?
The rise in gasoline prices in the United States has become a political issue. Each side panders to its own constituency with the most extreme arguments and factoids, leaving precious little in the middle ground of common sense. Take, for example, the March op-ed in the Los Angeles Times by Paul Roberts, “Say Bye-Bye to [...]
1Sep2004 | John Jennrich | 2 comments | ContinuedGovernment-Reformulated Gas: Bad in More Ways than One
The amended Clean Air Act (CAA) of 1990 called for cleaner automobile-engine combustion and a reduction in tailpipe emissions. To meet these goals, the Environmental Protection Agency (EPA) directed the petroleum industry to modify the composition of gasoline to comply with the “Oxygenated” and “Reformulated” Gasoline (RFG) Programs. While only those parts of the country [...]
1Sep2003 | Michael Heberling | 1 comment | ContinuedGasoline Prices: Why So High Last Spring?
Ben Lieberman is senior policy analyst with the Competitive Enterprise Institute in Washington, D.C. Gasoline prices rose an average of 31 cents per gallon between late March and May of this year, with consumers in some parts of California and the upper midwest paying more than two dollars well into June. As with other recent [...]
1Oct2001 | Ben Lieberman | 1 comment | ContinuedHigh Gasoline Prices Are Your Fault?
Who should be blamed for the high oil and gasoline prices? OPEC? The oil companies? The government? According to the New York Times’s Floyd Norris, if you chose any of those you would be wrong. Writing on June 23, Mr. Norris places all the blame for the current “energy crisis,” as he calls it, squarely [...]
1Nov2000 | Roy Cordato | 0 comments | Continued-
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