There's a problem: the very word "subsidies" makes American eyes glaze over. If due attention is to be paid, we have to figure out a language in which to talk about them that will make it clear just how loony our policy is.
The reality is that the president has very little control over oil prices. The upcoming summer "driving season," Iran's threat to close the Strait of Hormuz and the ramped up rhetoric on Iran's nuclear program all have a hand in the game.
WASHINGTON -- Mitt Romney on the campaign trail has chided President Barack Obama for failing to curb prices at the pump, even as prominent economists...
WASHINGTON -- Energy Secretary Steven Chu said Tuesday that the Department of Energy deserves "better than an A-" for its role in reducing the price o...
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.
WASHINGTON -- House Republicans announced plans on Friday for another short-term government funding resolution, putting off concerns about a federal s...