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If Israel attacks Iran’s nuclear facilities, disrupted oil flow may result in oil costing $200 per barrel. That shakes out to about $8.00 per gallon for gasoline. It’s possible, as the following story says. Don’t you wish America would pursue true energy independence? It’s probably too late now, but drilling in ANWR, off of our [...]
Posted by Jerry Pomeroy as Economics, Energy, Government Blunders at 2:11 PM UTC
Thanks to my brother Howard, here’s a chilling video if there ever was one:
Posted by Jerry Pomeroy as Energy, Limiting Government, Video at 9:58 AM UTC
Good song with a message that is right on:
Don’t look now, but oil is again trading at over $80 per barrel. Compared to the peak oil price of $145 per barrel reached just last year, $80 may seem like a bargain. However, considering the economic condition in the United States and around the world, $80 per barrel is remarkably high and says [...]
McClintock on Cap and Trade legislation:
Following is the text of a July 10, 2009 speech by Rep. Tom McClintock (R-California). He was previously a California State Senator. Congressman Tom McClintock offered remarks in Washington, D.C., on Friday to the Competitive Enterprise Institute and Pacific Research Institute that clearly illustrate why California is facing such a large fiscal [...]
Posted by Jerry Pomeroy as Best Of the Web, Energy, Government Blunders, Video at 2:15 PM UTC
Tired of Washington corruption? The Center For Freedom and Prosperity has an interesting idea:
Many Americans heard about the last minute 300-plus page amendment to the “climate-change” bill. The amendment was placed in the House “hopper” (where House members had access to it) at 3 a.m. the morning of the vote. However, few Americans know what was in the [...]
Posted by Jerry Pomeroy as Best Of the Web, Energy, Video at 12:55 PM UTC
In a moment of candor, Barack Obama comes clean on the cost of Cap and Trade:
“Monday, Monday,” sang the Mamas and the Papas, “can’t trust that day.” Even as Mondays go, June 1, 2009 must be some sort of record holder if bad news by volume carries any weight. Consider that General Motors is down and out, the [...]
Posted by Jerry Pomeroy as Energy, Obama Presidency, Taxation, Video at 5:01 PM UTC
Following the worldwide debacle known as the Second World War, having a permanent forum available for nations to discuss and work out differences seemed like a good idea. The failure of Woodrow Wilson’s League of Nations had been blamed for the outbreak of hostilities just two decades after the conclusion of ”The War To End All Wars.” [...]
Posted by Jerry Pomeroy as Economics, Energy, Global Warming, Obama Presidency at 12:26 PM UTC
What is in danger — climate or freedom — is the subject of this video:
The following article is a little long in the tooth, but is republished here because it succinctly spells out what Cap and Trade legislation is and the downsides thereof:
Beware of Cap and Trade Climate Bills
by Ben Lieberman, December 6, 2007
“America’s Climate [...]
Posted by Jerry Pomeroy as Best Of the Web, Energy, Global Warming, Video at 3:29 PM UTC
It’s 2015 and America’s economy is at last on the move. Experts predict economic growth on the order of 6% each year throughout the decade. China and India are again experiencing 10% year over year economic expansion. Around the globe it’s the same story; capital that for years has been on the sidelines is flowing into industries [...]
Posted by Jerry Pomeroy as Energy, Government Blunders, Obama Presidency at 6:38 PM UTC
The cost of oil closed Friday, January 30, 2009, at slightly over $41 per barrel, down over $100 from its high of just a few months ago. The unprecedented drop in price is a windfall for Americans and provides the only bright spot in an otherwise dreadful economic landscape. According to The New Republic, the collapse of gasoline prices will “put about $300 billion [...]
Posted by Jerry Pomeroy as Energy, Government Blunders at 4:23 PM UTC