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Support nonprofit, independent environmental journalism.
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 Stories About: economy AND gas prices AND oil AND politics
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Author |
Published |
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Bernanke speculates: Don't blame the speculators Growing demand and tight supply fuels increase in gas prices |
Joseph Romm |
22 Jul 2008 |
Gristmill |
| In his 'Semiannual Monetary Policy Report to the Congress' before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, last week, chairman of the Federal Reserve Ben Bernanke explained why oil prices are so high and are likely to stay that way for the foreseeable future: The spot price of West Texas intermediate crude oil soared about 60 percent in 2007 and, thus far this year, has climbed an additional 50 percent or so. The price of oil currently stan ... |
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| Topics: economy, gas prices, oil, politics (all these topics) |
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No shame in our game Climate policy isn't a pill to swallow, it's a way off a sinking ship |
David Roberts |
02 Jul 2008 |
Gristmill |
| This Ezra Klein post echoes what has rather rapidly become conventional wisdom among progressives on climate legislation, and it makes me want to tear my hair out. The idea is that climate legislation will inevitably hurt people financially in the short-term, in order to secure environmental benefits in the distant future, so the only way to get it through is with a bunch of obscurantist double-talk to bore or distract people in the hopes that you can sneak something ... |
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| Topics: climate, economy, gas prices, legislation, oil, politics (all these topics) |
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Gas price rant
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David Roberts |
25 Apr 2006 |
Gristmill |
| One of the many problems with policy discussions these days is that they tend to be narrow and literal-minded. Take the "problem" of high gas prices. Response? Tax oil companies! Cap prices! Investigate price gouging! Ease environmental restrictions on clean-burning gas! Stupid. We should take a step back. Here are two relevant facts: It's good that gas prices are rising. We want people to buy more fuel-efficient cars and drive less. In the long-term ... |
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| Topics: economy, energy, gas prices, oil, politics (all these topics) |
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