Oil Drops Another $5/bbl

Oil is now off for the third straight day, dropping a little over $5 yesterday.

Again, remember I said midsummer would be when the bubble breaks.

• McQ notes that Wind power isn’t the Panacea that the left likes to make it out to be. He also make the rather obvious observation that there’s no real Democrat plan for our energy needs. Good that someone’s noticing.
• Iraq

Charles Krauthammer explains the problem with John McCain’s energy policy and with Barack Obama’s entire campaign, Washington Post::

Alas, McCain’s proposed reform is only partial. Still better than Obama, however, who refuses to deviate from liberal orthodoxy. But that

I said yesterday morning:

Sen. Maria Cantwell (D-Wash.) suggested that oil companies may be manipulating energy markets as Enron did in 2001, and that the Federal Energy Regulatory Commission and the Federal Trade Commission needed to more aggressively regulate all

You didn’t hear about this yesterday, I’m willing to bet. The Senate Commerce Committee met on Tuesday, trying to figure out what to do about the sharp increase in prices on oil. I mentioned the other day that George Soros

This is huge. The Souix City Journal is reporting:

By a solid 58 percent to 42 percent margin, county voters approved Hyperion’s request to rezone 3,292 acres of farm land for a new classification, Energy Center Planned Development.

“What happened

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

Corn ethanol is becoming the Emily Litella of energy.

Don Surber.

?

A while ago, and once again, earlier today, I pointed out a salient fact that nobody seems to notice:

According to CNN Money, Exxon total “profits” if you don’t count exploration costs, were $40BUSD, in 2007. Their taxes, however,

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

Common sense, sharp wit, great writing, have long known that Kyle-Anne could write, , mostly through American Thinker, Just just discovered she has her own blog.  Here she dissects BO rather well.

Mrs. Clinton’s adviser Claims Indiana

You can do it.  We can not help:

May 1 (Bloomberg) — Home Depot Inc., the world’s biggest home-improvement retailer, will eliminate 1,300 jobs, close 15 stores and scrap plans for 50 more as the U.S. housing slump cripples

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

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