President Bush implements ‘Drill, baby, drill’ before leaving office
Just because gas and oil prices have fallen during the global economic crunch does not mean the energy crisis is over. President Bush gave a parting shot in the arm to the industry by moving ahead with offshore drilling as promised. The big question is will the incoming Obama administration continue with the plans or halt the process altogether?
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An Open Challenge To The House Of Representatives
The Constitution requires a simple majority to be present for the House to conduct business. I have a challenge for each member of the GOP, and any Democrat who now suggests they support legislation to allow offshore drilling. Block a quorum, and do NOT return to Capitol Hill until October 2nd. You guys are still out on your 5 week vacation, and we’re all still | Read More »
MI Morning Update
93 Days until Election Day August 3, 2008 MORNING UPDATE: SUNDAY’S TALK SHOW LINEUP…below. OUTRAGE…America should remember that House Democrats shut down debate on energy policy that would have helped lower gas prices and took a 5 week vacation instead. There IS a difference between Democrats and Republicans. Please check out the article below from The Hill newspaper, as well as this article from Politico. | Read More »
Why can’t we just talk our way out of the energy crisis?
Any market appears fickle to an ordinary capitalist like myself. The mystique of economics and the psychology (pathology?) that drives buy/sell decisions oftentimes confounds us mere mortals. A case in point is the current oil futures price that has seen no news that did not send it soaring to new heights. I’ve pondered on what would crowd such a bandwagon, one that apparently had no | Read More »