The latest data on oil profits and gas prices points to a refining market power problem that will endure even after the Strait reopens.

Booming Oil Profits Show Why Policymakers Can’t “Wait and See” on Gas Prices

by Dylan Gyauch-Lewis August 14, 2026August 14, 2026

The latest data points to a refining market power problem that will endure even after the Strait reopens.

War Windfalls: Following the U.S.-Israeli strikes on Iran, a barrel of oil passed the $100 mark for the first time since Russia invaded Ukraine in 2022. Here, the price per gallon of gas is shown at a gas station in New York, NY on March 9, 2026.

The Monopolized Economy

Another War, Another Excuse for Profiteering

by Hal Singer March 10, 2026August 24, 2026

Magazine

Limitations of Statute

by Marcia Brown June 20, 2022June 23, 2022

Political Animal

Big Oil’s Big Nightmare

by D.R. Tucker July 9, 2018January 9, 2022

Political Animal

On Climate, the Courts Are Closed

by D.R. Tucker June 30, 2018January 9, 2022

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Booming Oil Profits Show Why Policymakers Can’t “Wait and See” on Gas Prices

Another War, Another Excuse for Profiteering

Limitations of Statute

Big Oil’s Big Nightmare

On Climate, the Courts Are Closed

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