There is no correlation between domestic drilling and fuel prices.

The Associated Press analyzed 36 years of gasoline prices and domestic oil production and found absolutely no correlation. Increases in domestic production (it’s up 15% from three years ago) do not result in decreases in price. Based on this model, if we increased domestic oil production by 50%, best-case we’d see a 10% reduction in […]

Links for August 25th

Bloomberg: Climate-Change Scientist Cleared in Closing of U.S. Data-Altering InquiryThe National Science Foundation has completed its inquiry into UVA/Penn State climatologist Michael Mann. They have entirely exonerated him, finding no evidence of any wrongdoing whatsoever. That's the same result as Penn State's investigation, the NOAA's inspector general's investigation (which was done at the request of […]