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Preventing Future Spikes in Oil Prices

Bernard L. Weinstein, Dallas Business Journal The current spike in oil and gasoline prices is like that bad penny that just keeps turning up. And...

Bernard L. Weinstein, Dallas Business Journal The current spike in oil and gasoline prices is like that bad penny that just keeps turning up. And when this happens in an election year, the blame game is played at its most vitriolic level. The Republicans fault the president for refusing to open up federal and offshore lands to drilling. The president faults the Republicans for not approving higher oil industry taxes to further subsidize renewables. And the public and the media finger greedy and obscenely profitable global oil companies as the villains who are conspiring to push up prices. Read More (Requires Subscription)