Category Archives: Oil & Politics

Texas Doubles Oil Production in Last 3 Years

Seven year ago (seven?!) when I started writing this blog, I would have never believed that a chart like this would be possible: For 25 straight months, the state’s oil production rate has increased by more than 25 percent year-over-year, notes economist Mark J. Perry, a professor at the University of Michigan’s School of Management. […] Continue reading

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Who Else Is Feeling Gas Pains?

We’re very happy today to get referenced in a Yahoo Finance post about the winners and losers in the run up on gas prices: The efficiency complex. When push comes to shove, Americans are really good at figuring out how to do more with less, and how to get more for their money — and […] Continue reading

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Energy Secretary Chu Admits Administration OK with High Gas Prices

The Heritage Foundation points out that hammering the American consumer with high gas prices to make electric and hybrid cars more appealing is consistent with Obama administration policy and Chu’s philosophy. That explains the refusal to allow the building of the Keystone XL pipeline and to allow drilling in wide areas of the U.S. and […] Continue reading

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AAA Finds That Despite Low Demand, Oil Prices Are Keeping Gas Prices High

Source: Automotive Fleet Overall, gasoline demand was reported at a little more than 8 million barrels per day, which AAA said is a 400,000-barrel-per-day year-over-year decline and at the lowest level since 2003, according to a recent U.S. Department of Energy report. Despite ample supply and low demand for gasoline, though, the national average for […] Continue reading

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