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  • August 2022
    Demand Destruction, Recession Worries and Low China...

    U.S. gasoline demand on a 4-week average basis fell below 2020 pandemic levels based on Energy Information Administration data for product supplied...

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  • August 2022
    The Boom in U.S. Oil Production Since...

    The White House recently boasted that draining the Strategic Petroleum Reserve (and SPRs from other countries) saved Americans about 40 cents a...

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  • August 2022
    Manchin/Schumer Bill Does Not Reduce Inflation and...

    According to the University of Pennsylvania’s Wharton school, "The Inflation Reduction Act of 2022” championed by Senator Manchin and Senator Schumer likely would...

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  • August 2022
    The Manchin/Schumer “Inflation Reduction Act of 2022”...

    Senator Joe Manchin’s about-face on the Build Back Better bill, now renamed the “Inflation Reduction Act” is getting accolades from some coal...

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  • July 2022
    Manchin and Schumer’s “Inflation Reduction Act of...

    Senator Joe Manchin, in a 180-degree about-face, agreed on a slimmed-down version of President Joe Biden’s Build Back Better bill that will...

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  • July 2022
    Inflation and Demand Destruction Have Caused Gasoline...

    Inflation and demand destruction have slashed gasoline demand to the point that gasoline prices have dropped radically from their $5.016 a gallon...

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