Price Gouging Myth Comes Back Once Again Just In Time For Elections

As the election heats up, some politicians are yet again attempting to revive the tired and debunked myth that American energy producers are artificially raising energy prices on consumers. Later this afternoon, Democrats on the House Natural Resources committee plan to host a Roundtable on “holding Big Oil accountable” for alleged price gouging. While this

Read More...

UC Berkeley Econ Prof. Warns Newsom on Profit Caps for CA Refiners

Professor Severin Borenstein from the Energy Institute at UC Berkeley’s Haas School of Business, one of the preeminent experts on California’s energy market, expressed reservations about a budding effort by California Governor Gavin Newsom to implement profit restrictions and penalties on California refiners.   Soaring gas prices remain a top concern for many Californians, with state

Read More...