From gas tax relief to drilling in ANWR, IBD examines the true cost and effect of proposed solutions to our energy needs.
Part Fifteen
Energy: With the price of oil spiking above $127 a barrel, the search for scapegoats has begun. Some point to the Saudis, OPEC's No. 1 producer. Others blame the oil companies. We have a better candidate: Congress.
Part Fourteen
Energy Policy: With pump prices still climbing — Wednesday's national average was $3.76 a gallon — many Americans are trying to get rid of their gas guzzlers. Those who drive old clunkers should be accommodated.
Part Thirteen
For the last 28 years, Democrats in Congress and a few Republicans have again and again opposed our drilling for oil in Alaska's ANWR area when we knew it contained at least 10 billion barrels of oil we could be using now.
Part Twelve
Energy: In their ongoing war against U.S. oil producers, Senate Democrats say they'll slap Big Oil with a windfall profits tax and take away $17 billion in tax breaks, among other punishments. This is an energy plan?
Part Eleven
Energy Policy: Barack Obama thinks a federal gas-tax holiday is a political ploy. But when he was in the Illinois Senate, he voted for a state holiday three times. These days, he prefers a holiday on gasoline production.
Part Ten
Energy: Hillary Clinton says she wants to dismantle OPEC if she becomes president. Actually, that's not a bad idea. And we have just the way for her to do it.
Part Nine
Energy: Call it the paranoid theory of petroleum. Somehow, dark forces behind the scenes keep us from doing anything about soaring oil prices. In fact, something is being done to bring down oil prices. And you're doing it.
Part Eight
Profits: Exxon Mobil's first-quarter earnings of $10.9 billion, up 17% from a year earlier, are stirring outrage in Washington. Some are calling such profits "obscene." What a sad lack of understanding of economics.
Part Seven
Energy: Senate Republicans want to freeze ethanol mandates that don't cut the price of fuel or help the environment. Even farm-state Democrats worry about the unintended consequences of putting corn in our cars.
Part Six
Energy: President Bush let the Democrat-led Congress have it with both barrels Tuesday, lambasting lawmakers for fiddling while the energy crisis burns. It was a well-deserved takedown of do-nothing lawmakers.
Part Five
Energy Policy: After weeks of dithering and fearing for her party's political life, House Speaker Nancy Pelosi has finally said something about energy. We listened. As the old Peggy Lee song asks, "Is that all there is?"
Part Four
Oil Shock: When it comes to energy policy, Democrats always talk a good game. But look at their actual record while in control of Congress in the last year and a half. It's been nothing short of disastrous.
Part Three
Energy: One way to bring down the soaring price of gasoline is to decrease demand. We can do that fairly painlessly by taking older, less fuel-efficient cars off the road.
Part Two
Energy: As Democrats bicker over campaign-trail trivia, GOP standard-bearer John McCain has come up with a couple of good ideas to ease the pain of the energy crisis. Let's hope they have legs.
Part One
Energy: America's energy crunch is sadly self-inflicted. While others around the world engage in a mad dash to find more oil reserves, the U.S. seems to think $111-a-barrel oil won't be affected by more supply.
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