The Witch-Hunt Begins as Gas Prices Continue to Climb

The Usual Suspects Summer is approaching, and that typically means rising gas prices. And when gas prices rise, our political leaders generally start looking around for someone to blame. Over the past few years it […]

‘Price Signal’ can be a Weapon for Managing Higher Gas Prices

The Steep Cost of Sudden Price Spikes One of my recent essays discussed the relationship between high oil prices and recession. Consumers who suddenly find themselves paying more for fuel are hit with the equivalent […]

A Double Dip Recession? Only If We Are Lucky

Former Secretary of Labor Robert Reich recently warned that the U.S. is likely headed back into recession: The Economic Truth That Nobody Will Admit: We’re Heading Back Toward a Double-Dip Why aren’t Americans being told […]

Speculator’s Political Reserve?

Strategic Petroleum Reserve or Speculator’s Political Reserve? In the previous essay, Senator Chuck Schumer (D-NY) was quoted in a letter to then-President Bush: “The [strategic] petroleum reserves are intended to provide relief at times when […]

Contradicting Goals: Cheap Gas and Lower Carbon Emissions

The Phenomenon of Political Contradictions Energy policy frequently highlights some glaring contradictions among lawmakers. Some politicians who have railed against our dependence on petroleum and who insist we must reduce carbon emissions turn around and […]

Modes of Transportation

Because of my interest in energy, I have a long-standing interest in different modes of transportation. One of the reasons that I am not overly pessimistic about a future in which I foresee even higher […]