The Dow had it’s record highest point gain today up almost 940. Although it was up a bit today, Oil prices have been retreating and have been steadily below $90/bbl for several days. And have you noticed the price of gasoline has also been declining?

Of course, we all know it’s not over yet, but it’s good to see some positive signs. Unfortunately, the price of diesel fuel has not come down with trhe price of gasoline, apparently due to supply issues worldwide. And this will keep the price of consumer goods general higher. Seems like[...]

The ban on offshore drilling expires tonight at midnight Eastern Time.  At this writing, that’s just five hours away.  
Congress was incredibly preoccupied during the weeks following its lengthy vacation, and could not (supposedly) get the work done to extend the moratorium on drilling for this oil.  Such a ban would normally have been included in the [...]

Crude oil dropped to $105/bbl Monday, down $1.26.  After hours the price continued to fall, as of midnight it was hanging around $102/bbl.
Since hitting it’s high at 147.27 on July 11 (that’s still less than 2 months ago), the price has fallen almost 30%.  According to most Democrats, this would only be possible if actual [...]

During Rudy Giuliani’s speech at the Republican National Convention tonight, the crowd got so stirred up on the oil drilling issue, they interrupted his speech for a couple of minutes while they chanted (I believe):
“Drill, Baby, Drill!”
It was another inspiring moment produced spontaneously by a group who clearly believe we should use and manage the [...]

After dropping $10/bbl during the day, the price of crude settled down $5 after fears of interruptions in production from Gustav failed to materialize
It really stinks when people are disappointed that nothing bad happens.
That said, it appears we’ve dodged the bullet on the hurricane, although we cannot forget the loss of life and property that [...]

Sad to see, but true.  California Governor Arnold Schwarzenegger is appearing on a web site to promote “EcoDriving“.  Among his comments are that we should do…
Simple things such as maintaining proper tire pressure and avoiding rapid starts and stops, and keeping your engine tuned.
Gag me.  He preceeds the above comments with the standard liberal line [...]

Well, it’s official.  Barack Obama is now the first African American (am I supposed to still say that, or am I supposed to say “black” now?  I can’t get this Political Correctness down right it seems) to be nominated by a major party for President, as long as you don’t include Warren Harding, Thomas Jefferson, [...]

The price of crude is hovering around $115 / bbl.  At this point, I suspect it won’t make much motion, especially not downward, until some real action is finally taken by Congress to open up drilling.  I agree with the refrain of Republicans to do “all of the above”, that is, work the alternative energy [...]

In this weekend’s Wall Street Journal, there is a report of an investment made by Nancy Pelosi and her husband.
They put somewhere between $50,000 and $100,000 into T. Boone Picken’s company, Clean Energy Fuels Corp.
At first blush, the relatively small amount (compared to millions of dollars in assets held by the Pelosis) would make most [...]

Last week I started taking my bicycle to work. It’s about 7.5 miles as the crow flies, and my shortest (and most difficult) route is about 8.5 miles… the longest (and easiest) route is 13 miles.  Downtown Des Moines is at a slightly lower elevation than the suburb of West Des Moines where I live, [...]