gas prices

A bill to renew federal tax credits for solar and wind energy has been stuck in Congress all year. That’s made business owners and employees in the industry uneasy.
But the credits may not be dead. Senate leaders decided to attach the renewable energy bill that prolongs the credits onto the $700-billion financial bailout package that [...]

The 27-year-old moratorium on offshore drilling expires today. According to polls, Americans overwhelmingly favor drilling for oil offshore to help lower gasoline prices.
As I keep saying in my reporting on the subject, government data indicate that offshore drilling won’t affect gas prices. Dept. of Energy projections show that such drilling won’t produce a drop of [...]

Returning Tuesday from a five-week break, the Senate Democrats plan to consider a controversial bipartisan energy bill that would expand offshore oil drilling in the Gulf of Mexico and, perhaps, elsewhere, The Associated Press reported yesterday.
The proposal, which remains in draft form, would lift the drilling ban on the Gulf coast of Florida, while allowing [...]