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James Inhofe
Cheap gas is not good news for those who worry about climate change
Cheap gas is not good news for those who worry about climate change

It seems as if low gas prices should be good news. When the cost of a gallon of gas dips well below $3 in most of the country, everybody smiles, right? Not necessarily. Wall Street is frowning. Frackers are fuming. Electric car manufacturers are fretting. And environmentalists are freaking out. And the rest of us? It’s a mixed bag, depending on how invested we are in the stock market, how much we want to own a Tesla, how gung-ho we are to see the Keystone XL pipeline built or how much we believe climate change is big problem for humanity. In recent days, stocks have slumped as crude oil prices have continued a six-month descent. Investors do not like to see oil companies and...

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