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President Bush on Free Trade and Oil Imports

…– such as health and retirement insurance. Later, we heard the following: Keeping America competitive requires affordable energy. Here we have a serious problem: America is addicted to oil, which…

Kudlow on Demand and Supply for Oil

oil – another topic where he displays confusion: On the oil-price shock, I say at least two cheers for higher prices. Why? Because I believe in markets. When the price…

Putin Tax: Back in the USSR

…correlation between growth and the rise in world oil prices … In 1998, when world oil prices dipped to around $10 a barrel, this drop coincided with the worst of…