Oil & Gas Prices

Matt Damon dressed as gas pump? Ben Affleck as an ear of corn? No, it’s not “Good Will Hunting,” the sequel. It’s a new set of videos promoting ethanol mandates on the Web site cleanmyride.org. The Clean My Ride site is run by the Center for American Progress Action Fund, an arm of the liberal think tank Center for American Progress. The purpose of Clean My Ride is to urge Congress to mandate…

So, you want to use corn to reduce the nation's dependence on foreign oil, huh? Have you thought through all of the ramifications first? For instance, how are cattle ranchers going to afford to feed their cows, and what might that do to the availability of beef around the country and its price? Clearly, such issues weren't fully considered before Congress decided to mandate the use of ethanol…

Just how far is all this global warming nonsense going? Well, on Tuesday, four senators proposed a bill that would create a new federal bureaucracy to oversee the growing multi-billion dollar carbon trading market. Just what we need, right? Another monolithic bureaucracy, this one designed to help solve a problem the existence of which is greatly questioned. As Duke University reported…

As NewsBusters has been reporting this week (see this and this), as the stock market hit new all-time highs, the media have been dour Nervous Nellies carping and whining about gas prices, the low value of the dollar, the housing slump, and the rising trade deficit. Yet, there are a variety of issues that press outlets have conveniently ignored during this record bull run that not only explain…

In last night’s CNN special on their upcoming YouTube debate, Paula Zahn previewed some of the video questions that had been sent in. The topics up for debate last night included faith and values, the environment and gay rights. Zahn led the segment on faith and values with the comment, “we are seeing an amazing variety of questions about faith and values for next Monday’s debate.” Unfortunately…

As oil and gas prices have risen over the past few years, more and more Americans have become familiar with the name Trilby Lundberg. For those that aren’t, the Lundberg Survey has been the source for information related to fuel prices, fuel taxes, and all things petroleum for over fifty years. With that in mind, Lundberg was interviewed by the folks at CNN.com last Wednesday, and the never…

A new stock market high is good news, right?“In stock market terms alone, this is now the longest consecutive uninterrupted stock market rally,” said Lawrence Kudlow on MSNBC’s “Morning Joe” on July 13.“It started in early 2003, so that’s four and a half years. And it’s incredible how much wealth is being created out there and it’s unfortunate, really – almost tragic – that the president just…

Here’s something you don’t see every day: a member of the mainstream media blaming high gas prices on somebody other than President Bush or Vice President Cheney.Better strap yourselves in, for the culprit is truly shocking.Not only did Wednesday’s Washington Post deflect responsibility for the rise in prices paid at the pump away from the White House, much of the blame was actually shifted to –…