gas

Citing insufficient funding for roadways, Transportation Secretary Ray LaHood has proposed a vehicle miles traveled (VMT) tax, based on the number of miles a person drives rather than fuel consumption.
In an interview with The Associated Press yesterday, LaHood rejected the possibility of raising the gas tax in the economic downturn, preferring to “[think] outside the [...]

President-elect Obama has said that energy will be a top priority for his administration in its first 100 days — hinting that it will come second only to the economy.
In the past year, the Obama campaign has made a lot of promises on energy, related to jobs, climate change, clean energy, gas prices and [...]

Sen. Barack Obama is already helping lower the cost of gasoline, according to a new video from his campaign.
“Gas Station for Obama,” a YouTube clip uploaded on Thursday, features recent footage from a small gas station in Detroit that slashed prices to “show support for Barack.”

That was quick.
Yesterday the Interior Dept. inspector general unveiled three lurid reports of sexual misconduct, drug dealing and partying with oil executives at Interior’s Mineral Management Services.
Today the House oversight committee said there will be a hearing next Wednesday to scrutinize MMS and their oil and natural gas drilling program.
The investigation seems to merit congressional [...]

Reuters has a “Factbox” today outlining the threat of Hurricane Gustav to U.S. oil in the Gulf of Mexico. Gustav presents the first major threat since Hurricanes Katrina and Rita, which caused oil spills in 2005.
Here are some highlights from Reuters’ highlights of the energy situation: All of U.S. Gulf of Mexico oil output has [...]