Biodiesel Subsidy Splash and Dash

Michael Giberson How far would you go to gain another $1 a gallon on fuel? As The Independent reports, some biofuel traders in Europe, in a little trick called “splash and dash”, are shipping biodiesel to the U.S. to be mixed with a little gas to qualify for a $1/gallon subsidy, then shipping it back … More Biodiesel Subsidy Splash and DashMore Biodiesel Subsidy Splash and Dash

Politicians Praise Big Oil for High Gas Prices…

Michael Giberson …at least that would be a sensible response for senators concerned about automobile fuel economy and increasing consumption of fossil fuels. While news reports have suggested that higher prices haven’t really backed down consumption much, we all know what would happen if prices were a dollar per gallon lower. But no, market-based solutions … More Politicians Praise Big Oil for High Gas Prices…More Politicians Praise Big Oil for High Gas Prices…

Michigan Politician Offers a Quid Pro Quo

Michael Giberson Via the Associated Press and MSN Money: [Michigan’s] Democratic House Speaker Andy Dillon has floated the idea of taxing utilities, possibly in exchange for eliminating the law that opened electricity markets to competition. So, Dillon is offering consumers the opportunity to be taxed more in return for having the possibility of retail competition … More Michigan Politician Offers a Quid Pro QuoMore Michigan Politician Offers a Quid Pro Quo