Tag: Gasoline and diesel usage and pricing

Gas prices are always a hot-button political issue, and especially in an election year. In the latest showdown, Democratic Senate Minority Leader Chuck Schumer blames a spike in gas prices on President Trump’s “reckless decision” to pull out of the Iran nuclear deal. Republicans say these claims are insincere. If Democrats are so worried about high gas prices, why do they oppose oil drilling in the U.S. and support increasing gas taxes? We’ve seen this play out before. When President Obama was in office, Republicans placed the blame for high gas prices squarely on the Democrats — and used cherrypicked statements from then-Energy Secretary Steven Chu to help make their case. In this week’s episode, we tackle the hypocritical politics of gas prices. We also discuss the Pope’s upcoming climate summit with leading oil companies. To kick it all off, we weigh in on a leaked memo with new details on the Trump administration’s unprecedented efforts to bail out struggling coal and nuclear plants. Is this an abuse of power?