By Art Smith. Posted Tuesday, Sep 30, 2008 at 6:12 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, ANWR, Drill Baby Drill, Economy, Energy, Featured, Foreign Oil, Markets, US Congress
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 [...]
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 [...]
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 [...]
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 Art Smith. Posted Wednesday, Jul 30, 2008 at 9:02 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, BitsBlog, Economy, Energy, Foreign Oil, International Markets, News Media, US Congress
“Everyone knows…” are words I’m getting tired of hearing. It is a subtle form of manipulation by forcing one to either immediately agree or disagree and by disagreeing become an outsider. Katie Couric this evening says “The world’s oil problems all come down to the laws of supply and demand”. Careful here. On 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 Bithead. Posted Sunday, May 18, 2008 at 4:58 pm Filed Under: Economy, Energy
About BitHead
BitHead runs BitsBlog and is an occasional guest writer for
The Conservative Reader.
You can email BitHead at feedback@florack.us.
This special Swamp Stomper Article
is cross-posted from BitsBlog.
Judith Klinghoffer over at The American Thinker, asks a timely question: What do the Saudis want?
Slowly but surely it is beginning to dawn on a world mesmerized by the Democratic primary [...]
By Art Smith. Posted Tuesday, Apr 29, 2008 at 5:30 am Filed Under: ANWR, Economy, Energy, George W. Bush, John McCain, US Congress
Bithead provides some great perspective on where we could have been Monday had Clinton the First not vetoed ANWR. He includes reference to Henry Lamb at World Net Daily.
Indeed, Bit points out that by now, we’d have 20% more domestic oil in our supply, and likely much lower gas prices, and one could probably run [...]
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