Higher prices attract more supply. Here's a which-is-better question for you. Suppose a New Jersey motel room rented for $125 a night prior to Hurricane Sandy's devastation. When the hurricane hits, a husband, wife and their two youngsters might seek the comfort of renting two adjoining rooms. However, when they arrive at the motel, ... MORE
Showing posts with label gas prices. Show all posts
Showing posts with label gas prices. Show all posts
Walter E Williams - Disaster Ignorance
Higher prices attract more supply. Here's a which-is-better question for you. Suppose a New Jersey motel room rented for $125 a night prior to Hurricane Sandy's devastation. When the hurricane hits, a husband, wife and their two youngsters might seek the comfort of renting two adjoining rooms. However, when they arrive at the motel, ... MOREObama May Levy New Tax On Energy To Pay Deficit
by Mathew Carr. Barack Obama may consider introducing
a tax on carbon emissions to help cut the U.S. budget deficit
after winning a second term as president, according to HSBC
Holdings Plc. A tax starting at $20 a metric ton of carbon dioxide
equivalent and rising at about 6 percent a year could raise $154
billion by 2021, Nick Robins, an analyst at the bank in ... MORELong Lines Caused By Government Price Gouging Laws
by Karl Dickey. New York and New Jersey are not much different from Florida when it comes to one aspect of reacting to a hurricane or major storm - price gouging
laws. What is often hailed as a great idea by the masses and
politicians looking for re-election has become another of government's
unintended consequences. And what dire ... MOREJohn Stossel: In Praise Of Price-Gouging
Getting goods where they are needed most. Desperate New Jersey drivers wait in long lines to buy gasoline. One line was two miles long The media blame “a lack of electricity” and report that “Governor Christie has acted to boost supplies of gasoline…by directing Treasury officials to waive licensing requirements that affect merchants’ ... MOREMatthew Yglesias: Why Price Gouging Is Necessary
Getting supply to where it is needed most. Some more words on price gouging, as New York and New Jersey are increasingly afflicted by gasoline shortages. There are three issues we need to look at here. One is allocation, one is short-term supply, and one is long-term supply. A lot of people seem to want to look at this purely as an allocative ... MOREObama's Energy Policy Led To Higher Gas Prices
by Dave Juday. At Tuesday night’s debate, President Obama said gas prices were under two dollars per gallon when he took office because the “economy was on the verge of collapse.” And that if Mitt Romney were elected he “could bring down gas prices, because with his policies we might be back in the same mess.” The inference of President Obama’s ... MORECheck Out The Drastic Price Increases On These 21 Items
It's not just gas! Tuesday’s presidential debate touched on some massive economic issues
that are affecting all Americans. The immense increase in gas prices was
a crucial part of the discussion, but have other everyday products seen
a drastic increased in price over the same time period? According to
Blaze research on data provided by the ... MORECalifornia's Bankrupt Energy Economy Is Obama's Model
by Larry Bell. Beware of the warning that “where California goes, so goes the nation”, particularly when it comes from EPA Administrator Lisa Jackson. Speaking in October, 2009 at the Governor’s Global Climate Summit in Los Angeles, she touted the fact that climate change regulations involving national fuel economy and greenhouse gas ... MORE
Regulation Led To California's Gas Price Nightmare
Prices surge thanks to EPA bureaucrats. Gas prices have exploded in California, surging 50 cents per gallon in just one week to an all-time high of $4.614. The state's gas supply has been squeezed by refinery outages as well as EPA requirements that prevent certain blends of gasoline from being sold before November. However, the LA ... MOREInvestors.com: Better Off? Let's Count The Ways We're Not
No, the country is not making slow progress. All weekend, Democratic party leaders kept fumbling their answer to a simple question: Are we better off than we were four years ago? There's a good reason for that: We're not. It wasn't until Monday that the campaign was able to figure out how to answer the question, with Obama's deputy campaign ... MORESteve Chapman: Gas Prices And Political Mythology
Don't count on political lip service. If there is any issue you can be sure will come up during a presidential election campaign, it's gasoline prices. They are simple, important and plainly visible to anyone who drives. They're the classic pocketbook issue: When prices are low or at least falling, voters somehow feel better than when prices are high or rising. ... MOREPaul Driessen: America Pays Dearly To Go 'Green'
War on fossil fuels means higher prices for families. President Obama has spent 3 1/2 years waging war on fossil fuels - and American consumers and families are caught in the crossfire. They are getting hit with higher energy prices, watching billions go to unfriendly overseas countries for oil we could produce in the United States, and seeing billions ... MOREKatie Kieffer: Read My Lips: Recession
If you’re tracking the economy, start tracking women’s lips. If they’re red, plump and glossy, then you know that the economy is heading into a recession. With the possible exception of Kim Kardashian, who has millions to blow on 72-day marriages, American women are putting off big-ticket investments like weddings, childbirth or ... MOREVictor Davis Hanson: A Gasoline Nightmare
5 reasons Obama's oil tactics won't work. Obama is barnstorming the west — blasting oil companies, trying to convince voters that he supports an “all of the above” policy, and reminding them that drilling has increased since his tenure. But that won’t work for five reasons. 1) No one believes that Obama is sincere. In 2008, in the hope-and-change ... MORE
Charles Krauthammer: Seaweed In Your Gas Tank
An energy policy based on fantasy, not reality. Yes, of course, presidents have no direct control over gas prices. But the American people know something about this president and his disdain for oil. The “fuel of the past,” he contemptuously calls it. To the American worker who doesn’t commute by government motorcade and is getting fleeced every ... MOREGene Epstein: Our Cheap Debt Will Come Back To Haunt Us
Fed policy certain to fuel inflation. You may have heard by now of the Federal Reserve's "dual mandate." Not content to merely protect us against the ravages of price inflation (mandate No. 1), our fearless Fed is equally committed to fostering "maximum employment" (No. 2). And right now, with the unemployment rate still at 8.3%—far too high to meet anyone's ... MOREJohn Merline: The Myth Of Scare Oil In The U.S.
We have 60 times more than Obama claims. When he was running for the Oval Office four years ago amid $4-a-gallon gasoline prices, then-Sen. Barack Obama dismissed the idea of expanded oil production as a way to relieve the pain at the pump. "Even if you opened up every square inch of our land and our coasts to drilling," he said. "America still has only ... MORE
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