Commentary Inflation is a tax. … An awful, regressive tax. Meaning, it negatively affects the poor much more than the wealthy. Especially where energy prices are concerned. It hits those hardest who can least afford it. And because it hits so many people so hard, folks (and politicians) tend to look to Washington for both blame and solutions. It’s the other party’s fault prices are out of control—and my party has the solution. When it comes to energy prices, there is some liability in Washington. But for the most part it’s secondary. Policies out of the District of Columbia set the framework. They create a business environment that’s either friendly or hostile where oil production goes. The current president certainly hasn’t been part of the friendly camp. The changes he’s made have done literally nothing to encourage the oil industry. But—and this is true—you can’t pin the blame solely on …
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