Posts in Gas Prices

Regulator Acts Against Oil Speculators
One of the political mantras of those old boys at the American Petroleum is that if the gas price is too high it means we have to drill for more oil. Plain and simple. Its good old fashioned economics: supply and demand. If the price is too high, we must be faced with a physical…
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Subsidy Battle Hots Up
The showdown on gas prices and subsidy removal will intensify this week in Washington, when senior oil and gas executives are hauled before Congress to explain record profits at a time when consumers are hurting at the pumps. Legislation is being worked on by Max Baucus, the Montana Democrat and chairman of the Senate finance…
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As Gas Prices Remain High, US Becomes Net Exporter of Fuel
Until Sunday night one of the main talks of the town in Washington was gas prices. Now the talk of the town is Bin Laden’s death. Oh and gas prices. Because the issue of high gas prices is not going away any time soon. A 36 per cent rise in the last year put pays…
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