Gas Prices

California

We Need A Prop 13-Style Ballot Initiative For Gasoline And Diesel Taxes

Attorney General Kamala Harris has reportedly opened an investigation of oil refiners over gasoline prices. But if she truly wants to know why gasoline and diesel cost so much in California, she’ll be grilling the wrong suspects. She should instead investigate the general assembly. Politicians love to conduct oil industry ...
Business & Economics

Rationale for biofuel doesn’t add up

The Environmental Protection Agency recently issued new rules dictating that 18 billion gallons of biofuels must be blended into America’s 2016 transportation fuel supply. This mandate, referred to as the Renewable Fuel Standard (RFS), has been a disaster for the country. The only sensible minimum renewable fuel mandate is zero. ...
Business & Economics

California’s High-Tax, Big-Government Comedown

Anyone who has ever watched Animal Planet should be familiar with migrations. Geese do it, wildebeests and whales do it, turtles do it and, yes, people do it too. To migrate is a natural phenomenon. What’s interesting about most migrations is their purposes are generally positive: sex, food, sun and ...
Agriculture

Today’s Energy Crisis: Too Much, Not Too Little, Fossil Fuel

Back in April 1977, President Carter warned that “the oil and natural gas we rely on for 75% of our energy are running out.” In response to the perceived energy supply shortages, he wanted to limit the annual growth in overall U.S. energy usage, force American consumers to lower their ...
California

Getting to Vegas, baby

Yahoo Travel ranks the Las Vegas Strip as the nation’s second most popular tourist attraction, trailing only Times Square in New York City. Southern California residents can easily reach Las Vegas. They can pile the kids in the car for a weekend jaunt and be there in from 4 to ...
Business & Economics

Deep Reform, Not Window Dressing, for a Cooler, Cleaner California

The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
California

Implementing AB 32 will increase unemployment, household expenses

With the passage of California’s Assembly Bill 32, the Golden State has embarked upon an experiment in energy policy that has no modern parallel. Several recent studies have shown that the consequences to the state could be dire, and that California faces a choice between continuing on its current trajectory ...
Business & Economics

Was Obama’s Strategic Petroleum Reserve release the best way to lower gasoline prices?

On June 23, the Obama administration, in conjunction with other governments, announced a plan to release a total of 60 million barrels of oil from strategic oil reserves in the U.S. and other countries, at a rate of 2 million barrels per day for 30 days. That day, oil prices ...
Business & Economics

The Truth About Energy Profits

America’s largest oil and natural gas companies recently reported quarterly earnings, and as expected, profits were up. But the caricature of fat-cat energy executives lining their pockets at the expense of the everyman doesn’t hold up to scrutiny. ExxonMobil posted quarterly earnings of $10.7 billion on Thursday, up 69 percent ...
Commentary

32-23=0

California voters rejected Proposition 23 and thereby missed their chance to delay implementation of AB 32, California’s Global Warming Solutions Act of 2006. That measure is certain to worsen a state economy still in recession, with an unemployment rate of more than 12 percent. AB 32 seeks to turn back ...
California

We Need A Prop 13-Style Ballot Initiative For Gasoline And Diesel Taxes

Attorney General Kamala Harris has reportedly opened an investigation of oil refiners over gasoline prices. But if she truly wants to know why gasoline and diesel cost so much in California, she’ll be grilling the wrong suspects. She should instead investigate the general assembly. Politicians love to conduct oil industry ...
Business & Economics

Rationale for biofuel doesn’t add up

The Environmental Protection Agency recently issued new rules dictating that 18 billion gallons of biofuels must be blended into America’s 2016 transportation fuel supply. This mandate, referred to as the Renewable Fuel Standard (RFS), has been a disaster for the country. The only sensible minimum renewable fuel mandate is zero. ...
Business & Economics

California’s High-Tax, Big-Government Comedown

Anyone who has ever watched Animal Planet should be familiar with migrations. Geese do it, wildebeests and whales do it, turtles do it and, yes, people do it too. To migrate is a natural phenomenon. What’s interesting about most migrations is their purposes are generally positive: sex, food, sun and ...
Agriculture

Today’s Energy Crisis: Too Much, Not Too Little, Fossil Fuel

Back in April 1977, President Carter warned that “the oil and natural gas we rely on for 75% of our energy are running out.” In response to the perceived energy supply shortages, he wanted to limit the annual growth in overall U.S. energy usage, force American consumers to lower their ...
California

Getting to Vegas, baby

Yahoo Travel ranks the Las Vegas Strip as the nation’s second most popular tourist attraction, trailing only Times Square in New York City. Southern California residents can easily reach Las Vegas. They can pile the kids in the car for a weekend jaunt and be there in from 4 to ...
Business & Economics

Deep Reform, Not Window Dressing, for a Cooler, Cleaner California

The California Air Resources Board (CARB) wants car companies to install metallic reflective windows, which regulators believe will reduce energy use and fight global warming. Though possibly well intentioned this plan amounts only to window dressing. Legislators should pursue deeper environmental reforms with more benefits and fewer disadvantages. CARB believes ...
California

Implementing AB 32 will increase unemployment, household expenses

With the passage of California’s Assembly Bill 32, the Golden State has embarked upon an experiment in energy policy that has no modern parallel. Several recent studies have shown that the consequences to the state could be dire, and that California faces a choice between continuing on its current trajectory ...
Business & Economics

Was Obama’s Strategic Petroleum Reserve release the best way to lower gasoline prices?

On June 23, the Obama administration, in conjunction with other governments, announced a plan to release a total of 60 million barrels of oil from strategic oil reserves in the U.S. and other countries, at a rate of 2 million barrels per day for 30 days. That day, oil prices ...
Business & Economics

The Truth About Energy Profits

America’s largest oil and natural gas companies recently reported quarterly earnings, and as expected, profits were up. But the caricature of fat-cat energy executives lining their pockets at the expense of the everyman doesn’t hold up to scrutiny. ExxonMobil posted quarterly earnings of $10.7 billion on Thursday, up 69 percent ...
Commentary

32-23=0

California voters rejected Proposition 23 and thereby missed their chance to delay implementation of AB 32, California’s Global Warming Solutions Act of 2006. That measure is certain to worsen a state economy still in recession, with an unemployment rate of more than 12 percent. AB 32 seeks to turn back ...
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