By Art Smith. Posted Tuesday, Sep 9, 2008 at 5:00 am Filed Under: 2008 Congressional Election, ANWR, Accountability, Chuck Grassley, Democrats, Drill Baby Drill, Economy, Energy, Featured, Foreign Oil, If you won't vote for us we won't vote for you, Leonard Boswell, Nancy Pelosi, Tom Harkin, US Congress
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 [...]
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 [...]
By DJ Durant. Posted Tuesday, Aug 12, 2008 at 4:29 pm Filed Under: 2008 Presidential Election, Barack Obama, Economy, Federal Reserve, Foreign Oil, George W. Bush, International Affairs, John McCain, Republican Party, US Politics
There seems to be a ton of news lately, and for a change, not all of it bad. First, we have the Beijing Olympiad and the Chinese display of cultural prowess. Fortunately for us, we have the best athletes in the world.
But in case you haven’t noticed, the Russians and Vladimir Putin have invaded the [...]
By Art Smith. Posted Tuesday, Jul 29, 2008 at 4:45 pm Filed Under: ANWR, BitsBlog, Business, Conservation, Economy, Energy, Environmentalism, Featured, Foreign Oil, George W. Bush, International Markets, Joe Lieberman, John McCain, Markets, US Congress
Just when you thought you couldn’t afford to go on summer vacation, just when you thought the ONLY answer to rising gasoline prices was a “gas tax holiday“, just as various states are complaining they don’t have enough tax money collected to pay for road work, now oil prices fall to a 3 month low of [...]
By Art Smith. Posted Wednesday, Jul 16, 2008 at 10:48 pm Filed Under: BitsBlog, Energy
More like “Over A Barrel”. But now that we’ve taken the first step toward off-shore drilling in the US, the impact is already seen. Because it’s really not about supply-side economics as much as perceived supply-side economics. And now the perception is that the supply won’t be in a strangle hold any longer.
President Bush takes [...]
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