- CW holds that when the economy is down, movie houses don’t do well. So why’d we have the biggest weekend ever at the movies last weekend? Something isn’t quite up to what the Democrats and their MSM minions are advertising.
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.
From the North Jersey Record:
Congress must not allow drilling for oil and gas off the New Jersey coast, Governor Corzine and federal legislators said today in Belmar.
“Our world-renowned coastline is the lifeblood of our economy and a fragile
Continue reading about Time to End This Ban on Drilling; With a Tax
Investor’s Business Daily brings us the latest from probably the worst Majority Leader the Senate has seen in a very long time:
The Dr. No of the drill-nothing Congress tried to deflect the issue
Continue reading about No Solutions, Only Roadblocks From Democrats
(RTTNews) – Oil production in Saudi Arabia will be raised, although officials in the oil-rich nation are expressing doubts as to its affects on the rising price of crude in the global market.
After an oil “summit” Sunday in Jeddah,
Continue reading about Saudis (again) Say They’ll Pump More Crude
An interesting note at the LA Times Blog this morning:
Led by chairman Mike Duncan, the Republican National Committee ended May with 13 times more money in the bank than its Democratic counterpart, and raised five times as much
Boortz today looks in some detail and the back and forth over Chiana drilling in the gulf… and goes doumentation heavy on us. Go and read.
The bottom line: They’re not drilling there now, but could be, because all the
- I complained last night that Memeorandum had been pretty much ignoring BitsBlog. Apparently, someone there is reading, and they reacted. The post complaining about being ignored, got featured status. Gottena few links through since then, a well. Nice to
Continue reading about Nightly Ramble:BitsBlog Lives, Oil,taxes, Oil, the Sun, More
Interesting questions from Victor Davis Hanson, this morning…
Why is the U.N. holding conferences about rising food prices, but not spiraling oil prices that in various ways account for them? Somehow in the globalist mindset the agricultural producing world
Continue reading about Political Courage… And That Energy Thing
Interesting poll from CNN this morning. It seems that John McCain and Barack Obama are tied in the polling numbers;
In the CNN/Opinion Research Corporation poll conducted entirely after Obama became the presumptive Democratic nominee, he leads his Republican
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
Continue reading about They Still Don’t Get It on Energy Regulation
In the United States, a pound of potato chips costs two hundred times more than a pound of potatoes. Yet there is no congressional investigation into this obscene profit margin. Apparently, there are more taxes to be made on oil
Look, I think Wayne Allard is a putz… an admittedly quick assessment based on limited info.
But he got this one right:
May 1st, 2008 – Washington, D.C. – U.S. Sen. Wayne Allard (R-Colo.) joined New Mexico Senator Pete Domenici,
Continue reading about Senate Votes Again Against Domestic Oil Production. WHY!!!?!??!?!??
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,
Continue reading about A Real ‘gas Tax Holiday’… Does Anyone Really have the Guts for It?