This long weekend Americans who chose to spend the holiday on the road are enjoying some historically low gas prices. “The last time gas prices leading up to the Labor Day weekend were this cheap, the world was just moving on from the Olympics in Athens, Greece,” the American Interest reports. From the Energy Information Administration:…
Remember That Time Obama Said "We Can't Just Drill Our Way To Lower Gas Prices?"
Gas prices are always a hot button political issues, in the most cynical of ways. When gas prices go up it’s always (the politicians tell us) because of some evil price-fixing “windfall profits” conspiracy in the oil industry, and it’s never because of the realities of supply and demand as exacerbated by a myriad of…
Cost Of Gasoline Is Near Historic Lows
Gas prices, since they’re one of the most universal and visible costs of day-to-day life, are always of great concern to Americans. We live in a big, wide-open country and driving isn’t just a luxury. It’s a part of life for most of the country. Especially in places like North Dakota. Of late, thanks to…
Bette Grande: Are Artificially Low Gas Prices Worth It?
As we enter the winter months and spend time warming up our cars and traveling in the cold, we should be happy about the low gas prices, right? The mainstream media is full of stories about the lower gas prices putting money in our pockets, but is that the whole story? First, some perspective, if…
Thanks Fracking: Gas Prices Would Be A Whole Lot Higher Without North Dakota And The Bakken
The debate over gas prices never ends. The price of gas is one of the most visible economic indicators we have. After all, signs advertising fuel prices are all over the place. When it goes up, people notice, more so than, say, the price of milk. Gas prices are also the tail end of a…
The Solution To High Gas Prices Is Less Government, Not More
There’s a lot of consternation nationally about gas prices this spring, but that’s usually the case. As one of the most visible economic indicators in the market, it seems like gas prices are always making people gripe, especially when the inevitable summer price hikes come. This spring the angst seems particularly acute, especially in North…
Here Come The Annual Spring Gas Price Conspiracy Theories
It’s spring time. That means we’re entering the summer driving season, and increased demand typically drives up fuel prices. And thanks to gas prices being one of the most visible economic metrics – heck, the prices are posted on signs along every road in America – people get upset when the prices go up. We’re…
Memo To Gas Price Conspiracy Theorists: It's The Oil Prices
Any time rising gas prices become a story, and the media loves to make it a story, the gas price conspiracy theorists come out of the closet. It’s a conspiracy, we’re told. It’s Big Oil cranking up prices to take windfall profits! You almost get the idea that gas station owners, after their secret meetings,…