April 24, 2012

The Gas Tax You Don't Even Know You're Paying

Leah Goodman, Fortune


AP Photo

With the Senate recently voting down a measure to eliminate billions of subsidies for Big Oil – funded by U.S. taxpayers – even as the nation's taxpayers suffer from sticker shock at the pump, Americans may well be wondering, do they have any leverage anymore?

Read Full Article ››

TAGGED: oil, gas taxes

RECOMMENDED ARTICLES

April 12, 2012
Sweet Spots in a Patchy Oil Price Landscape
Frank Saldana, TER
The Energy Report: What's your analysis of the U.S. oil market, and do you expect sharp price differentials to continue far into the future?Frank Saldana: It certainly is confusing and volatile, not just to average investors but... more ››
April 11, 2012
The High Cost of Gambling on Oil
Joseph Kennedy, New York Times
Boston For Op-Ed, follow @nytopinion and to hear from the editorial pageeditor, Andrew Rosenthal, follow @andyrNYT.THE drastic rise in the price of oil and gasoline is in part the result of forces beyond our control: as... more ››
April 11, 2012
The Age of Irrational Petro-Exuberance
Steve LeVine, Foreign Policy
ENERGYOur Lavish Oil HabitVENEZUELAChavez: Sick and Tired or Just Sick?GAS$4 Gallon GuzzleIn our now half-decade-oldera of regularized black swans, a few energy thinkers are cautioning against abubble of wishful enthusiasm with... more ››
April 16, 2012
What if Saudi Oil Production Collapsed?
Ariel Cohen, et al., Heritage
If an “Arab Spring” uprising completely disrupted Saudi oil production, the U.S. and the global economy would face a massive economic and strategic crisis. Russia and Iran as oil-producing states would likely exploit the... more ››
April 13, 2012
Oil and the Real U.S. Trade Deficit
Spencer England, Business Insider
The monthly trade data was reported this morning and you will see press reports about the nominal trade deficit. But I like to look at the real trade data as it gives a better feel for the economic impact of trade. The real... more ››