Last week the dollar began to recover in value as the Bush administration finally started making serious noise about a strong dollar policy. Now, right on the heels of that display, the Saudis finally agree to up production.
Both events were a bit long in coming, at least relative to the reasons stated by each party. The [...]
The three remaining candidates for president, even the “Republican” one, have all recently come out with pandering proposals to placate the masses over oil prices. McCain and Clinton have banded together over a gas tax holiday, an idea so hopelessly without merit that you can’t find a working economist who thinks otherwise. According to Greg [...]
In the continuing interest of figuring out what in God’s name is going on with the price increases in oil, I did a little research on the US Government’s Energy Information Administration website, which apparently exists. (I suppose it may be an inexorable fact that governments continue expanding until beaurocracies are created to represent all [...]
