Category: Uncategorized
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Democrats and the Gas Price Crisis — About to Blow Another Opportunity?
[posted on Huffington Post, April 26] So now everyone is worked up about gas prices. The Republican leadership in the Congress has called for Federal Trade Commission investigations into price-gouging, and President Bush amusingly has done the same. This all reflects what the Washington Post concisely said in a Tuesday headline: “Cost of Gas Puts…
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Big Oil and the Price at the Pump
[Posted on Huffington Post, April 24] Well, you have to credit them for their doggedness, over at the American Petroleum Institute. They’ve never seen a gas price increase that can’t be explained away. There is this strange fact about the market for gasoline, however: When the price of the key input (oil) goes up, so…
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Good News From USTR
It’s rare for good news to come out of the Office of the U.S. Trade Representative. Yesterday, it happened twice. First, the Bush administration announced that USTR Rob Portman would be leaving to take over as head of the Office of Management and Budget. This announcement was widely interpreted as indicating that the administration was…