It’s a myth that the world’s oil is running out, says Irwin Stelzer at The London Times.
Hillary Clinton has decided to line up with John McCain in pushing to suspend the federal excise tax on gasoline, 18.4 cents a gallon, for this summer’s travel season. This is not an energy policy, says Thomas Friedman in the New York Times
Do Americans worry more about climate change, America’s dependence on foreign oil or the cost of filling their petrol tanks?
The Fed is trying to promote the notion that it is not entirely useless, that its actions do achieve a reaction, says Alan Kohler at BusinessSpectator.com.