H. Sterling Burnett: Developing shale oil may solve our energy crisis
Politicians lament the fact that the United States imports about 66 percent of its oil — about 9,000 barrels every minute. Yet Congress has done little to remedy the situation. Instead, it has all too often erected barriers to domestic energy production.
Posted: 07/29/2009 | Commentaries | Policy Issue: Energy
Waxman-Markey Deserves to Die
The fresh news about Washington—the White House and Congress—is that things are not going very well. A new president in full command of public-policy matters is having problems, from health care to taxes to massive federal spending and now to the Waxman-Markey bill, one of the oddest and most far-reaching pieces of legislation advocated by the new administration.
Posted: 07/26/2009 | Commentaries | Policy Issue: Global Warming
Waxman-Markey Bill Would Raise Electricity Prices $846 Billion
The Waxman-Markey bill to restrict carbon dioxide emissions would cost $846 billion in the next decade alone, in the form of required payments for emissions allowances, according to a June 5 report from the Congressional Budget Office.
Posted: 07/15/2009 | Commentaries | Policy Issue: Global Warming