Unless the U.S. Congress removes restrictions on domestic oil production, unprecedented U.S. fuel prices will likely continue. Pundits debate the cause of soaring U.S.fuel prices, but the underlying cause remains the tight global supply.
Texas is About to Spend $100 Billion on Power Lines It Does Not Need
Our electric bills are about to go up. Most Texans have no idea why. Texas regulators approved $33 billion in new high-voltage power lines (the Strategic Transmission Expansion Plan, or STEP) without a single legislative vote. Factor in financing, maintenance, and taxes over the life of the projects, and the tab for ratepayers hits nearly...