Bob McCarty Writes

The Waxman-Markey climate change legislation will drive up the cost of gasoline and other petroleum fuels for consumers and businesses and should be set aside, American Petroleum Institute President Jack Gerard said in a letter to Congress today. API opposes the legislation, as it appears time has run out to fix the proposal’s many flaws.
“As [...]

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The Waxman-Markey cap-and-trade bill will hit consumers of petroleum fuels especially hard by dramatically increasing the costs of goods and services as noted in the graphic at right, according to two groups closely following the legislation.
In a three-page document (pdf) forwarded to me early this afternoon, American Petroleum Institute officials warn that people who use [...]

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President Barack Obama’s “cap and trade” energy tax plan is drawing a lot of negative attention this week — and for several good reasons!
Yesterday, officials at the American Petroleum Institute issued the following statement that is critical of the plan:
“The White House’s unofficial new estimate for the cost of capping the nation’s greenhouse gas emissions [...]

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Six news articles published today highlight the upside-down nature of politics and the world in which we live today.  Below, I offer some observations:

Wage issue kills Big 3 deal in Senate (Washington Times) — Senate leaders gave up Thursday night on a $14 billion automaker bailout, sunk by the refusal of the autoworkers union to [...]

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The ongoing oil crisis pales in comparison to a recently-identified threat slowly catching the attention of reporters and think tankers alike.
In the opening paragraph of a Wall Street Journal Online opinion piece published today, readers were asked to use their imaginations and envision a frightening choice facing terrorist enemies of the United States (think Iran):
Imagine [...]

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