Energy Policy
Why are Chicagoland gasoline prices so high? It's the question so many consumers ask when they compare what they're paying at the pump with the national average or to prices in neighboring states. When crude oil prices rocket, Chicago gas prices rocket more. And, sometimes, local prices rise when the price of oil is stable or falling. On many days recently, Chicagoans have been paying the highest gasoline prices in the U.S. Chicago-area gas…
Congressman Darrell Issa, and many Congressional Republicans, believe that President Obama is intentionally shaping American energy policy to drive up the price of oil and gas in order to advance his goal of transitioning the country to a greater reliance on alternative power sources. This was, of course, one of his campaign goals when he admitted that under his plan the cost of energy would “necessarily skyrocket.” Energy was at the center of Obama’s State…
A former Democratic Congressman disagrees with President Obama's energy policy, and he details why in this Wall Street Journal Editorial. In it he details how even former President Clinton calls the Obama administration's deep water drilling policy "ridiculous." He also provides three commonsense steps that can be taken to increase domestic energy supply and lower gas prices. Take a look here. Be an Ambassador: Gas prices continue to rise closer to $5 a gallon, a…
Illinois has the highest gas prices in the Midwest thanks to the fact that every gallon of gas we buy is double taxed. First, there's a per-gallon fixed fuel tax rate imposed by the county, state, and federal governments. But, as if that fuel-tax burden wasn't enough, Illinois adds a sales tax on for good measure. Read the whole story in the Southtown Star here Be an Ambassador: With gas prices rising to $5…