5:42 PM, Jul 14, 2014 • By GEOFFREY NORMAN
Representative Peter Welch (Democrat, Vermont and, by the way, my representative) has announced that he is in favor of raising the tax on gasoline. He has a safe seat and, anyway, in Vermont it isn’t politically dangerous to propose a tax increase, especially if it can be somehow made into a positive for jobs and infrastructure and a negative for automobiles and oil companies. Vermont is eagerly anticipating the arrival of cars that are powered by wind.
Meanwhile, there are people who must drive. For whom gasoline is not a discretionary item on the budget. They will have to cut back on organic arugula.
The argument for the tax is that the highway trust fund is "running out of money." This seems odd, since a tax of more than 18 cents a gallon remains in place and the money it captures (which must be quite a bit) goes into this fund. There are probably a lot of things that could be done with that money, especially if it were spent with the kind of discipline of which government is incapable.
What “running out of money” means in Washington is that there isn’t enough of it to do all things that Congress would like to do. Things that will result in ... reelection for incumbents.
So, when the time of “running out of money” is very near and shadows fall across the land, Washington begins threatening a loss of jobs and lousy roads.
It has learned that if you want to make them come across with the money, you must first make them feel a little pain.
Works every time.
Get them where they drive.9:24 AM, Jul 7, 2014 • By GEOFFREY NORMAN
Washington needs more money and if it doesn’t get it, your morning commute will become:
a) more expensive
5:02 PM, May 21, 2014 • By GEOFFREY NORMAN
It is an uncomfortable fact that several European countries depend on Russia for energy and the situation in Ukraine has jeopardized that arrangement.
10:40 AM, Apr 19, 2014 • By GEOFFREY NORMAN
The news that the administration would like kept quiet, and which it therefore announced in the afternoon, on Good Friday is that it has:
12:12 PM, Apr 2, 2014 • By STEPHEN SCHWARTZ
Travelling from Sarajevo, the capital of Bosnia-Herzegovina, to Mostar, a city almost midway toward Dubrovnik on the Adriatic Coast, one drives through a stunningly-beautiful landscape of mountains, forests, and rivers. On a recent trip, however, I observed a surprising sight: four gas stations owned by Gazprom, the Russian energy giant.
12:00 AM, Mar 29, 2014 • By IRWIN M. STELZER
America is a fracking cornucopia of crude oil, independent of the rapacious OPEC cartel. And has an inexhaustible supply of natural gas, putting us in a position to become a major exporter able to use its gas reserves as a geopolitical weapon. Take that, King Abdullah and Vladimir Putin. Too good to be true? You bet.
1:56 PM, Jan 31, 2014 • By GEOFFREY NORMAN
The State Department releases its final environmental report on the Keystone Pipeline today. Justin Sink of The Hill reports:
12:00 AM, Jan 25, 2014 • By IRWIN M. STELZER
There is something about the energy business that is conducive to the creation of myths. So Roger Sant, a long-time and highly respected participant in the energy policy game and in the industries that energy legislation and regulation affect, told a group of Houston oil men recently. Energy myths do die, but only to be replaced by new ones.
12:11 PM, Oct 23, 2013 • By JERYL BIER
A recent report by the Special Inspector General for Afghanistan Reconstruction (SIGAR) recalls the 1980s stories of $640 toilet seats and $500 hammers.
6:39 AM, Aug 13, 2013 • By DANIEL HALPER
The Washington, D.C. EMS ambulance that accompanies the presidential motorcade, Medic 1, ran out of gas last week, just as President Obama was pulling away from the White House August 8 on his way to a family birthday celebration at a local Indian restaurant:
2:58 PM, Aug 12, 2013 • By JERYL BIER
The U.S. Energy Information Administration reports today that sales of fossil fuels produced on federal and Indian land continue to decline, dropping 4 percent in fiscal year 2012. The slide continues a decade-long trend that accelerated in 2010, as the chart accompanying the report shows:
The report explains:
10:54 AM, Jul 17, 2013 • By GEOFFREY NORMAN
Remember the Keystone pipeline Well, if you had forgotten about it, no matter. There has still been no decision on whether or not to go ahead with construction. This, in spite of the fact that:
5:35 PM, Jun 7, 2013 • By DANIEL DORON
When Israel finally discovered a bonanza of natural gas about five years ago everyone was happy. But then fierce arguments broke out—and rightly so.