Fox News - Fair & Balanced

Gas Prices

High Gas Prices : Who's to Blame?

Oil prices are high and they're going higher — I think, a lot higher — which for a lot of folks will be a lot more of a hardship.We're quick to want to blame someone, anyone, for this hardship and oil companies are a good target. After all, they're making a ton of money and we're spending a ton of money.Unfortunately, a lot of us aren't spending time looking at the true culprits. Like a strong economy — we're just sucking the stuff up.And like China and India. Those two countries alone account for as much oil now as the whole world slopped up barely 10 years ago.And like OPEC — what they collectively produce barely covers what we use in just "this" country, let alone other countries.Sometimes simple facts like those get lost in emotional times like these.Simple facts like conserving fuel: most of us don't.Or tapping energy sources here: most of our elected officials won't.Add it all up and the bill keeps going up for a commodity that's limited in supply and demand that is not.Politicia...

Read More

  1. Gas Bills Bloat Congress

    GOP and Dems Trade Shots Over Gas Bills, But Which Plan Would Lower Costs?"What is more likely to lower gas prices: Raising taxes on oil companies or increasing oil ...

  2. Pain at the Pump Easing, So Why Am I Still Paying Surcharges?

    While prices at the pump have been on a steady downturn since mid-August, experts say it may be a while before their evil counterparts — surcharges and fees placed o...

  3. Obama calls on Congress to increase taxes on millionaires

    President Barack Obama is calling on Congress to increase taxes on millionaires, reviving a proposal he first pitched last September that aims to draw sharp election...

  4. High Gas Prices Endanger Democrats

    "It's a metaphor for an economy that keeps biting people despite overall good numbers."-- Sen. Chuck Schumer , D-N.Y., then chairman of the Democratic Senatorial Cam...

  5. Experts question Obama's claim that gas prices tied to recession, recovery

    President Obama's claim during Tuesday's debate that gas prices have doubled since 2008 because the economy was collapsing four years ago -- and the implication that...

  6. Senate Rejects Repeal of Tax Breaks for Oil Companies Amid Pain at Pump

    As expected, Senate Democrats lost a key test vote Tuesday on a bill that would have repealed $20 billion worth of tax subsidies for the nation's five largest oil co...

  7. Tempers Flare at Hearing on EPA Policies‬

    One lawmaker after another chastised both the Environmental Protection Agency and Interior Department Tuesday for injecting uncertainty into energy development and s...

  8. Journalists Shield Obama From Road Rage Over High Gas Prices

    The long-awaited demise of Usama bin Laden still dominates the news. But the feel-good story of justice finally served will soon have a hard time competing with the ...

  9. President Obama to address soaring gas prices in Florida speech

    President Barack Obama will deliver a speech on energy and rising gas prices Thursday at the University of Miami, FOX News Channel reported.White House officials tol...

  10. Greatest Pain at the Pump Felt in Hawaii, Where Average Gallon of Gas Tops $4

    Americans are feeling the pain at the pump. In Hawaii, the sting just got a little worse.The state reached the dubious milestone Monday of being the first in recent ...

  11. Crisis in Libya Raises Fears of Skyrocketing Oil Prices Causing Pain at the Pump

    With the crisis in Libya escalating, some oil analysts say Americans should expect to feel it at the gas pump.Reports are sketchy out of the North African country si...

  12. Pain at the Pump : Are You Being Ripped Off at the Gas Station?

    This is a rush transcript from "Your World with Neil Cavuto," July 1, 2008. This copy may not be in its final form and may be updated.ALEXIS GLICK, GUEST HOST: Well,...

  1. Pain at the Pump : Gas Prices Rise on Democrats' Watch

    This is a rush transcript from "Your World with Neil Cavuto," May 15, 2007. This copy may not be in its final form and may be updated.(BEGIN VIDEO CLIP)SEN. CHARLES ...

  2. Pain at the Pump

    It is easy to look at these skyrocketing energy prices ( search ) and say we're being gouged or we're being duped or worse, we're just being had.The facts are somewh...

  3. Fox News Poll: Voters say gas prices pose serious threat to economic recovery

    A large majority of American voters think gas prices pose a serious threat to the nation's economic recovery.  In addition, voters are sharply divided over whether P...

  4. Obama: No 'silver bullet' for rising gas prices

    President Obama, in a speech on energy development that comes as gas prices climb, tried to stress to Americans that he feels their pain at the pump -- but pushed ba...

  5. Fox News Poll: 70 percent say build the Keystone XL Pipeline

    A Fox News poll finds most American voters support building the proposed Keystone XL oil pipeline.  In addition, just over half blame the Obama administration for th...

  6. Drivers changing habits with rising gas prices

    WASHINGTON -- Many US motorists are making significant changes to their driving habits, including purchasing more fuel-efficient vehicles, due to rising gasoline pri...

  7. Dems target Wall Street speculators over rising gas prices

    Democrats in Congress increasingly are putting pressure on Wall Street speculators to pull back from the oil markets, effectively blaming them for the unseasonable s...

‹ Prev12345Next ›