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The American Products and Power bus tour made an exciting stop at the Tesoro refinery in Mandan, ND last week. The bus tour team was greeted by managers on site where we learned about a recent expansion at the refinery, bringing economic growth and jobs to the area. Ron Day, Environmental Health and Safety Manager, […]
Back in May, we posted a critique of a Center for Agricultural and Rural Development (CARD) study that purported to show how ethanol mandates and subsidies had held down gasoline prices for American motorists. We pointed out that despite its fancy bells and regression analysis, the study—which was touted by the Renewable Fuels Association […]
Recognizing that American motorists will reject any policies that raise fuel prices, the people pushing new regulations on the energy sector are trying to have their cake and eat it too. For example, a new report [.pdf] claims that a national Low Carbon Fuel Standard would not only reduce carbon dioxide emissions, but it […]
A new study put out by the Western States Petroleum Association concludes that California’s statewide cap-and-trade plan, known as AB32, would raise gasoline prices and shut down refineries. The study, performed by the Boston Consulting Group, affirms basic economics by realizing that government regulations will raise the cost of business and necessarily impact retail […]
A recent report by the National Resource Defense Council (NRDC) makes the case that Americans should reject the Keystone XL pipeline because its construction would raise gasoline prices in the U.S. The NRDC report is based on absurd economic arguments and distorted analysis from another research group. Most ironic of all, NRDC has been […]
American refineries are closing and more closures are likely, often because of overly-burdensome regulation as well as lower gasoline demand. Several refineries in Pennsylvania are idle and possibly closing if no buyers come forward. The refining industry is one of the most highly regulated in the country and has been struggling for years to […]
The Renewable Fuels Association (RFA) is touting a new study claiming that ethanol reduced gasoline prices by more than a dollar per gallon in 2011. As with similar studies in the past, the methodology used here to calculate this number rests on a basic fallacy in how they frame the question, which we’ll explain below. […]
A recent study by the National Association of Convenience Stores (NACS) found that two most prominent regulations affecting fuel use in the United States—the Renewable Fuel Standard (RFS) and the Corporate Average Fuel Economy (CAFE) standards—have competing requirements that will have a negative impact on the more than 120,000 convenience stores that sell motor […]
The proponents of laissez-faire in energy markets keep winning argument after argument, but their critics keep moving the goalposts. For decades, Americans have been warned that they needed to wean themselves from oil because the U.S. would always be dependent on hostile foreign regimes. Now that new technological developments and further discoveries have shown that […]
WASHINGTON D.C. — The American Energy Alliance released a white paper today detailing the factors that contribute to the rising cost of gasoline — a combination of crude oil costs, taxes, distribution and marketing, refining costs, infrastructure issues, and regulations. The white paper, entitled “Rising Gasoline Prices and the U.S. Refining Industry” combines the […]