Walter Brasch: Had the state imposed an extraction tax on each well, instead of a much-lower impact tax, there would have been enough money to fund road and bridge repair without additional taxes for motorists. Every state with shale oil but Pennsylvania has an extraction tax.
Catherine Wolfram: Future regulations place substantial uncertainty on future bills, so that simple assumptions that project a flat or increasing value of bill savings over time (in real terms) may not be accurate.
John Peeler: The Republican attack on Obama over gas prices at the pump is quite a strange line of attack from people who are incessantly demanding a return to untrammeled free markets. Do they really want Obama to impose price controls?
Robert Reich: This gusher is an embarrassment for an industry seeking to keep its $4 billion annual tax subsidy from the U.S. government, at a time when we’re cutting social programs to reduce the budget deficit.
Tracy Emblem: the United States should consider phasing out its nuclear power plants over the next generation and begin investing in other safer renewable energy sources. We can lead the world in clean energy technology.
Tom Hayden: In his State of the Union address, President Obama opened a door through which the peace, labor and environmental movements should march, towards an energy future not dependent on resource wars.
Tracy Emblem: Implementing clean energy in California now – not twenty years from now – is a not only a public health issue — it’s a matter of economic survival.