Overview Economists have long argued that taxing oil consumption would be the most efficient way to address U.S. vulnerability to overpriced and unreliable oil supplies. Yet energy taxes are a thi…

Overview Confrontation with Iran over its nuclear program has prompted worries that escalation could lead to massive oil market disruptions. In this Energy Brief, Robert McNally outlines several s…

Overview Corporate average fuel economy (CAFE) standards, which require automakers to achieve government-mandated targets for the efficiency of the vehicles they sell each year, can reduce U.S. re…

Overview For decades, oil prices have influenced the outlook for alternatives to oil and policies that support those alternatives. Expensive oil makes substitutes more appealing; cheap oil makes t…