by Jane Richey | Jul 23, 2012 | Fiscal Responsibility, Free Markets
Republican Governor Tom Corbett certainly can’t be accused of being a big spender. The 2011 budget he signed into law cut more than $1 billion in state spending, reducing funding for nearly every state department. This year’s budget, finalized last month,...
by Jane Richey | May 14, 2012 | Fiscal Responsibility, Free Markets
Oil helped build Pennsylvania. It helped feed the industry’s workers by giving them jobs, such as those at the old ConocoPhillips refinery in Trainer, Delaware County. But these days, the oil industry is unpredictable. Crude oil is costing more, shrinking an...
by Jane Richey | May 1, 2012 | Fiscal Responsibility, Free Markets
Delta Air Lines is doing what anybody with a huge gas bill dreams of doing – buying an oil refinery to make its own fuel. Delta said Monday that it will pay $150 million for a refinery near Philadelphia that is being sold by division of ConocoPhillips....
by Jane Richey | Apr 9, 2012 | Fiscal Responsibility, Free Markets
The U.S. natural gas market is bursting at the seams. So much natural gas is being produced that soon there may be nowhere left to put the country’s swelling surplus. After years of explosive growth, natural gas producers are retrenching. The underground salt...
by Jane Richey | Mar 21, 2012 | Constitutionally Limited Goverment, Free Markets
Pricing and security dominated the testimony at the congressional hearing held by U.S. Rep. Pat Meehan, R-7, of Upper Darby, at Neumann University to explore the effect of the regional refinery closures. “As we all well know at the local level, the decline of domestic...