Eric Florack on April 26th, 2008

Billy makes a great point this morning:

I don’t know why people keep referring to what’s going on with energy as a “market” while it’s stepped on by government every mile of the way from the field to your tank,

Continue reading about Looking for Solutions in All the Wrong Places

Eric Florack on April 24th, 2008

April 24 (Bloomberg) — Brazil’s discoveries of what may be two of the world’s three biggest oil finds in the past 30 years could help end the Western Hemisphere’s reliance on Middle East crude, Strategic Forecasting Inc. said.

Saudi Arabia’s

Continue reading about Oil, Brazil, And the Future Bubble Bust

Eric Florack on April 23rd, 2008

Interesting bit in NewsBusters, this morning…. By the way, NewsBusters is a regular read here, and soon as I geta  few seconds I’ll add it to the list…. anyway… It seems that, despite unemployment edging up everywhere else in the

Continue reading about Unemployment is Down in Oklahoma… WAY Down… But Why?

Eric Florack on April 19th, 2008

Says Billy Beck:

“Yet in recent years Russia has quietly become the world’s top producer of oil, in part by drilling wells as deep as 40,000 feet — far below the graveyards of T-Rex and his Mesozoic buddies.”

No matter

Continue reading about You Mean My Tank of Gas Isn’t Dear Departed Dino?

Eric Florack on April 15th, 2008

“The reality is that people are dying already,” said Jacques Diouf, of the UN’s Food and Agriculture Organization (FAO). “Naturally people won’t be sitting dying of starvation, they will react,” he said.

The UN says it takes 232kg of corn

Continue reading about The Moral Question of Ethenol

davidl on April 12th, 2008

OIl is at one hundred twelve dollars a barrel.   The democrats talk about energy independence, but refuse to anything to achieve it, Investor’s Business Daily:

Pennsylvania Democrats must choose between Hillary Clinton and Barack Obama, both of whom oppose

Continue reading about Is Bakken Oil Field in South Dakota Or Alaska?

Eric Florack on April 11th, 2008

The much talked about “oil for food’ program had it’s share of problems. Corruption, mostly. Not to be wondered at, give we’re dealing with the UN there. But apparently, trying to exchange food for oil isn’t much better, as James

Continue reading about The ‘Food for Oil” Program, And It’s Consequences

Eric Florack on April 9th, 2008
WASHINGTON (AP) – Democrats plan to push legislation this spring that would force the Iraqi government to spend its own surplus in oil revenues to rebuild the country, sparing U.S. dollars.The legislation follows a recommendation by Gen. David Petraeus,

Continue reading about Dems Want Iraq to Pay… in Oil

Eric Florack on April 7th, 2008

I note Dave Schuler over at OTB this monring, talking about  the price of rice going up.

When I read this post by one of the associate bloggers at Joe Gandelman’s The Moderate Voice, it piqued my interest. The

Continue reading about The Price of Food, And What Drives It

John Venlet notes that the FBI is reportedly conducting investigations into 1300 mortgage fraud investigations, more or less. Says John:

While the FBI may find a few prosecutable mortgage lending fraud cases, what will mostly be brought to light by

Continue reading about Fraud, Ethics, Or Government, Acting in the Name of ‘equal Opportunity’?

Eric Florack on April 1st, 2008

John Lott online at Fox this morning, puts a slightly different angle on things than the Democrats want spread round:

A little perspective on the economy would be helpful. The average unemployment rate during President Clinton was 5.2 percent. The

Continue reading about John Lott: The ‘Recession’ Is a Media Myth

By way of John Hawkins’ Conservative Grapevine, we get news that backs something Ive been saying for weeks now. I’ve been saying that we’re about to see a massive price drop… that even exclusive of any major finds, that

Continue reading about Oil Bubble About to Burst? Yep. Here’s Why: The Bakken Oil Formation

davidl on March 20th, 2008

AssThe Ass of the Day is John Dingell, Fox News:

A Michigan congressman wants to put a 50-cent tax on every gallon of gasoline to try to cut back on Americans’ consumption.

Polls show that a majority of Americans support

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Eric Florack on March 9th, 2008

Jeff Jacoby:

WHAT DO ethanol and the subprime mortgage meltdown have in common? Each is a good reminder of that most powerful of unwritten decrees, the Law of Unintended Consequences – and of the all-too-frequent tendency of solutions imposed by

Continue reading about Corny Energy Policy

Eric Florack on March 2nd, 2008

Joe Donnely, Congressional Democrat is part of our energy problem, not the solution.Let’s take a moment to look at the Democrat response to the President’s weekly radio address… where Energy is the issue.

Good morning. This is Congressman Joe Donnelly of Indiana’s Second Congressional District. Today it is my pleasure to talk

Continue reading about Swamp Stomper Alert: Democrats And Fuel Prices