Want Cheaper Gas? Here Are 4 Solutions
To address rising oil and gas prices, there's not much we can do about rising global demand, but we can do a lot to increase supply. Cato Institute's Jerry Taylor outlines 4 ways to increase domestic supplies of oil and gas in today's NY Post:
1. Open up key areas for oil and gas exploration and development.
2. Open up the West to oil-shale development.
3. Empty out the Strategic Petroleum Reserve.
4. Suspend federal rules that force refiners to use only low-sulfur oil to make gasoline and diesel.
Thanks to Cafe Hayek for the pointer.