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March 2008 Archives

The Truth about Oil Prices

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America is in a global struggle for energy security. Yet, many people in the United States lack a full understanding of the issues that affect energy costs. To provide fact-based information, API has assembled an oil and gasoline primer to...

Oil Prices: What Has Influenced Their Climb?

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Wondering why global oil prices have climbed into the stratosphere? Congress is wondering, too. One House committee is planning a hearing in early April to examine the factors that have influenced oil prices. To hear an economist's views on this...

A Counterproductive Tax

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Kudos to Robert Murphy, president of the Institute for Energy Research. In a letter published in The Washington Post today, Murphy opines, "The brink of recession is no time for Congress to be punishing oil producers, who provide not only...

Ben Stein's Thoughts on Energy

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Noted lawyer, actor, author, and commentator Ben Stein calls the campaign rhetoric against the oil and natural gas industry "fightin' words."  Criticizing energy producers does a disservice to "ordinary Americans," Stein says, because they own the companies through their stock...