March 26, 2012

Big Oil's Scheme to Cut Gas Prices

Steve Hargreaves, CNNMoney


AP Photo

The oil industry recently laid out a set of proposals it believes will instantly lower gasoline prices. The proposals call for more domestic oil production, fewer environmental regulations, and for not raising taxes on the industry. They're basically what the Republican presidential candidates are calling for. . .

Read Full Article ››

TAGGED: oil industry, oil, gas prices, CNNMoney

RECOMMENDED ARTICLES

March 19, 2012
Hydrogen Cars: A Zero-Emission Longshot
Peter Valdes-Dapena, CNN
Imagine an electric car that can be charged in about the time than it takes to fill a gasoline tank and which can then drive hundreds of miles. This is not a fantasy scenario. In fact, that pretty much describes the hydrogen... more ››
March 19, 2012
Even Conservatives Wrong on Gas Blame Game
Merrill Matthews, IBD
There has been some media grumbling lately — including from some who are viewed as conservative leaning — about U.S. oil companies exporting oil. The complaint: The U.S. imports and refines lots of oil, so why isn't that... more ››
March 19, 2012
Ending Subsidies for Big Oil Companies
President Barack Obama
WASHINGTON, DC— In this week’s address, President Obama called on all Americans to place their bets on America’s future as we reduce our dependence on foreign oil by expanding domestic oil and gas production, increasing... more ››
March 23, 2012
EPA Putting Oil Refineries Out of Business
Editorial, Investors
Fearing gas price spikes on the East Coast this summer, Washington pols are trying to talk refiners out of closing unprofitable plants. It's the EPA they ought to hector. The untold story behind soaring pump prices is that... more ››
The latest House Republican budget plan asks low-income and middle-class Americans to shoulder the entire burden of deficit reduction while simultaneously delivering massive tax breaks to the richest 1 percent and preserving huge... more ››