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Newt Gas Prices

A Tough-Oil World

Michael T. Klare | Posted 05.13.2012 | Green
Michael T. Klare

The world still harbors large reserves of petroleum, but these are of the hard-to-reach, hard-to-refine, "tough oil" variety. From now on, every barrel we consume will be more costly to extract, more costly to refine -- and so more expensive at the gas pump.

Earth to Newt: Tar Sands Oil = High Gas Prices

Carl Pope | Posted 05.10.2012 | Green
Carl Pope

Gingrich has pledged that if he is elected, gas prices will be reduced to $2 or $2.50 gallon. Were this to happen, however, no one would be more unhappy than TransCanada, the builder of the Keystone Pipeline.