Archive for December 2009

On The Price of Oil and Gasoline: Why Is It So Much and How Can It Be Reduced?


President George W. Bush was a terrible president – arguably the worst ever.  That said, he did one thing that I really liked: he greatly increased the American production of natural gas – which is why its price has fallen by one third to one half of late.  Why then have the price of oil and gasoline stayed so ridiculously high when the cost of natural gas has fallen?