There are few things in American life more emotionally charged than the number glowing on a gas station sign. It’s basically our national mood ring, except instead of telling us how we feel, it causes how we feel. So, when Energy Secretary Chris Wright and President Trump start publicly disagreeing about when gas will dip…
When Oil Prices Rise, Do “We” Actually Make Money?
During a recent discussion about rising energy costs, President Trump offered a characteristically blunt assessment of the situation. The United States, he argued, is now the world’s largest oil producer, so when oil prices go up, “we make a lot of money.” On the surface, that sounds logical enough. If you sell something and the…