Another summer is winding down. And, as normal, so are gas prices. Locally, I’ve seen over a dime per gallon reduction in the past week. So, is now the time to breathe a sigh of relief? If breathing a sigh of relief is all the US of A is going to do, then what about [...]

The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel — far from dropping — will have to go up if they go anywhere.
Despite calls from the presidential campaign trail for a Memorial Day-to-Labor Day tax freeze, [...]

Reuters
The new Democratic-led House of Representatives passed legislation on Thursday aimed at “Big Oil” that would roll back some industry tax breaks and force energy companies to pay more drilling royalties, valued at $14 billion over 10 years.
Alright, lets see if my math is correct. If currents estimates are right and the United States consumes [...]

Gas prices. For the past few days, those two words have been enough spike anyone’s blood pressure. And now, everyone is calling for somebody’s head, usually the oil companies. For a while, I was right there on O’Reilly’s “They’re gouging us” bandwagon, but now I’m not so sure. Sure, Exxon/Mobil’s 400 million retirement package to [...]