How the oil price plunge could backfire on the economy
“People should enjoy the lower prices for now, because they certainly will not last.”
The staff of the Fuel Freedom Foundation, based in Irvine, Calif., curates content for our sections called FFF in the News and What’s the Buzz?
“People should enjoy the lower prices for now, because they certainly will not last.”
The Trump administration’s new standards, cleverly referred to as SAFE standards, claims to reduce traffic fatalities by as much as 1,000 deaths a year, according to the language of the proposal. The justification for that argument is incredibly shaky however.
“I do think they would do more harm to themselves by going negative, and really withdrawing oil from production, because it would hurt them in the long term.”
“If for some reason that oil weapon becomes a Saudi response, and they may get other friends to join them in responding with an oil effect, the whole world economy could be shaken by a shortage of oil.”
“With common-sense public policies in place, American drivers will be able to save money by having options for both oil and natural gas, as well as biofuel and electricity, to power their vehicles. The result? True and lasting energy independence.”
While allowing year-round E15 opens the door to using more alcohol fuels, it doesn’t create the market competition that’s needed to achieve energy independence.
You can’t just add half a million barrels of oil to our daily consumption and not expect there to be consequences. At exactly the time when we should be coming up with ideas on how to reduce CO2 emissions from the energy sector, the Trump administration’s proposal on the CAFE standards for goes in the […]
The Trump administration’s revamp on the fuel economy standards informs us that freezing those standards at 2020 levels will cost drivers a pretty penny, over the lifetime of that vehicle. How much? You can help improve the proposal: Sign our petition urging the government not to roll back progress on fuel economy standards for cars to […]
The new fuel economy proposal by the Trump administration goes on for hundreds of pages, and it’s full of facts an figures and tables. One sticks out to us, in which the architects of the proposal tell us exactly how much oil (in their estimation) we should expect to use on top of the 20 […]
The proposed change in standards, rolled out in August, would cost Americans nearly 17,000 days of work a year because of increased illnesses, the analysis by the National Highway Traffic Safety Administration says.
Fuel Freedom is a non-profit with a simple mission: break America's oil addiction by bringing competition to the U.S. transportation fuel market.
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