Ed Driscoll

Obamanomics Question of the Day

“Proving that Ben Bernanke can even screw up the economics of Christmas, the price of a lump of coal has increased more than 63 percent in the last year and a half,” Tim Cavanaugh notes at Reason.

For a president who cheerfully promised journalists he’d bankrupt the coal industry, does that increase count as a sufficiently gradual rise in energy prices?

Meanwhile, in other energy news, Mark Steyn spots an Australian paper stumbling into this lede:

THE great green hope to save motorists money at the pump — ethanol-blended fuel — could become more expensive than other types of petrol and force up food prices.

As Mark quips, “Experts: So burning food for fuel raises prices, huh?”

Gosh, who knew?

Related: Bye-bye biodiesel.