In a just-published piece in Tax Notes, AEI economists Kevin Hassett and Alan Viard explain how targeted tax increases on big oil companies pose significant risks to the economy.

In July 2011, Iranian president Mahmoud Ahmadinejad appointed Maj. Gen. Rostam Qassemi of the Islamic Revolutionary Guards Corps (IRGC) as oil minister,[1] bringing the number of former IRGC officers in his cabinet to twelve out of eighteen. Yet the IRGC's seizure of the Oil Ministry could have far reaching economic,...

Politicians have frequently directed harsh rhetoric toward particular corporate taxpayers that earn high profits. At times, this rhetoric has been accompanied by policy proposals that single out a narrow set of profitable taxpayers for disparate treatment. Perhaps the most notable example is the war against Big Oil.

Not many people noticed during the run up to the Iowa caucuses and last year's payroll tax fight that a far more important, and potentially game-changing, resolution passed the Senate at the end of 2011.

Unlocking "unconventional" energy requires unconventional politics, and that's one resource that is genuinely scarce among today's backwards-looking bureaucrats and green interest groups.

Two AEI pieces which highlight how overflowing supplies of oil and natural gas undermine the argument for massive subsidies of alternative fuels "that may never deliver competitive bang for the buck."