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In President Obama’s Saturday radio address to the country, we learn that the President has decided that we really do need to decrease our dependence on foreign oil. Thus, we will now drill for oil here.
I’ve been meaning to reformat this data and post here for some time. It includes data from the U.S. Energy Information Administration (EIA), a government entity which collects data and produces nothing more than Excel spreadsheets (most likely). Lots of oil production data…
Let’s all say the words at the same time … business expenses. You know – expenses – the fixed and variable costs that companies incur as they spend money in an effort to put people to work and make a profit. Politicians are now in the habit of referring to “big oil subsidies” that are…
I must say I am not sure I believe the dire predictions but these days anything is possible, as long as the government continue to stick it’s regulatory nose into places it doesn’t belong. And no, my little lefties, more government regulation or even higher taxes won’t solve this problem.
George Will asked to comment on the BP $20 billion dollar contingency fund comes back with a classic answer. If you are not worried you should be. His biggest concern is the White House usurping the courts in terms of claims against BP and of course that it’s not exactly voluntary. The Chicago Way.
I have not had the opportunity to dive any oil rigs, but I have been around other hunks of metal underwater. The wrecks in New England, the Bahamas, Florida, and Cayman Brac are usually surrounded by marine life, and I’m pretty sure that’s a good thing. Although some energy platforms are mobile, some stay put.…
Today’s media m0ment took place at the staged town meeting in Florida. A local municipal official took the mic to first praise her man … and then to ask for money for a new commuter railroad … cause she a. doesn’t like the Arabs, b. can’t drill for oil locally because the scenery is really…
The phrase “drill here, drill now, pay less” has become a popular in the past few weeks. Sure, if we open up exploration now, it will take some time for the oil to actually start flowing, but just a commitment to drill here and drill now will lower the price of fuel immediately. We know…
Barack Obama does not have any answers. All that he and his Democrat followers can do is blame the increase in gas prices on Big Oil, the war in Iraq, and Republicans that refuse to “invest” in new technology so we can “get off” our addiction to oil. Of course, it doesn’t help that Dick…