Why Prices are High And Where Oil Ought to be

By way of Henke, I note:

…it’s Democrat Sen. Amy Klobuchar who says speculation is behind high oil prices, and actually introduces legislation to “curb” speculation.

Our next step should be to stop the speculation that is driving up

It is clear, and sadly predictable that John McCain has fallen for the hoax of anthropogenic global warming,.    Roy Spencer on “McCain’s Assault on Reason:”

John McCain’s global-warming speech on Monday made it clear that there will be

It is not the investor owned oil companies driving up the price of oil.  Doctor Sowell, Townhall, explains the price of oil in terms simple enough for even BO and  Mrs. Clinton to be able to understand:

With all

Corn ethanol is becoming the Emily Litella of energy.

Don Surber.

?

Let’s break this down:

1. Had Bill Clinton not vetoed ANWR drilling back in 1995, our supply of available crude would be at least 20% higher than it is today.
2. That is one of several examples of our being prevented from

“We’re going to go right at OPEC,” she said. “They can no longer be a cartel

Ben Smith.

Sure Mre. Clinton.   While you are at, why don’t you repeal that pesty law of gravity.   Serious times, require serious presidents.  

Noted a resturant review over the weekend in the New York Times… and wouldn’t have said much at all, except that it got so bad with it’s left-leaning, that even left leaner, Ezra Klein can’t stand it anymore.  Yes,

At a family birthday party yesterday, I made a tongue in cheek reference to Mrs. Clinton as “The Smartest Woman in the World.”  My quip earned a disapproving glare from the honoree.

Sheer stupity is not the only explanation for

The audacity of stupidity and being too young to remember the Carter Administration.

May 1 (Bloomberg) — Democratic presidential candidate Barack Obama‘s proposal for a windfall profits tax on oil companies could cost $15 billion a year at

Same entry point, Bits makes his point and  I make mine.  Congressmen will never take action to lower the price of gasoline as long as the taxpayer is paying for their gasoline.   The Breck Girl is right.   There are two

Hume, last night:

There are strong indications that much the world may soon experience a decrease in surface temperatures. A report by German scientists in Thursday’s issue of the journal ‘Nature’ says shifting Atlantic Ocean currents will cool parts of

Hillary Clinton has now joined John McCain in proposing the most irresponsible policy idea of the year—an idea that actually could aid the terrorists. What’s worse, both of them know that suspending the federal gas tax this summer is a

WASHINGTON (AP) — The bruised economy limped through the first quarter, growing at just a 0.6 percent pace as housing and credit problems forced people and businesses alike to hunker down.

The country’s economic growth during January through March was

The North Dakota Department of Mineral Resources has releases a state report on the Bakken shale formation in North Dakota    The currentlly recoverable portion of the Bakken formation represents about ten percent of known domestic reserves.   That is just over

Hemry Lamb in World Net Daily over the weekend:

With gas prices now yon-side of $3.50 per gallon, wouldn’t it be great to have an extra million barrels of domestic oil flowing daily into the American pipeline? Blame William Jefferson