Energy to reverse "decline"

                   
prairiepundit.blogspot.com     May 21, 2008            

Sterling Burnett:...And while we wait for the price to peak, spending shrinks and the economic outlook worsens. Here's a thought: Rather than vilify the oil industry for our sticker shock, let's take a hard look at the actions of our federal government.For years, we've approached domestic... [read full story]                

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Gas Prices, Gas Bags, & The Gas Chamber

allspinzone.com     May 19, 2008          

It seems plausible that large U.S. oil companies may be hoping that higher gas prices will convince Americans to push Congress to allow oil exploration in currently restricted areas. Their actions to allow a growing supply bottleneck since the last energy crisis in the 70's seems to support that...                

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Harry Reid Found the Cheap Gas Solution--THEN BANNED IT

yidwithlid.blogspot.com     May 19, 2008          

Harry Reid has an unusual message for America. TODAY the US is sitting on an estimated 115 billion barrels of oil and 633 trillion cubic feet of natural gas, if tapped it would be enough to drive down the price of oil, lower the cost of producing food cutting down those costs, and free the United...                

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The Truth About High Gas Prices, Or How I Learned to Relax and Pay $67 to Fill Up My SUV

thetruthaboutcars.com     May 19, 2008          

Why is gasoline so damn expensive? The mainstream media has rounded up the usual suspects. They demonize oil companies (for excessive profits), lambaste environmentalists (for blocking domestic drilling and refining), and sock it to speculators (for fear mongering over supply). Simply put, the...                

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Addicted To Oil

dailygotham.com     May 19, 2008          

In his 2006 State of the Union address, George W. Bush said, “America is addicted to oil.” Actually, we are addicted to all the fossil fuels – oil, natural gas and coal. Our addiction is growing worse, and we are doing the kinds of things addicts do when supplies are short – we get violent. In a...                

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Who's to blame for $4 gas

cnn.com     May 20, 2008          

Prices have surged over the past four years - and there's a bunch of reasons why. Soaring demand, limited supply and investor interest are behind a doubling of gas prices over the last four years. It's hard to imagine now, but in 1999 gasoline sold for 90 cents a gallon. "Our demand has...                

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No oil or housing shortage, just a lack of common sense

moneyweek.com     May 20, 2008          

Here's a turn-up for the books: we have such a vast oversupply of houses in the UK that Gordon Brown is proposing to spend £200m to buy up some of the excess. There is also the absurdity of Brown suggesting that his £200m can help the housing market or that it would be a good thing if it did:...                

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The end of cheap gas: Who's to blame

cnn.com     May 20, 2008          

Prices have surged over the past four years - and there's a bunch of reasons why. Soaring demand, limited supply and investor interest are behind a doubling of gas prices over the last four years. It's hard to imagine now, but in 1999 gasoline sold for 90 cents a gallon. "Our demand has...                

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Writer wrong on oil reality

montgomeryadvertiser.com     May 19, 2008          

Alabama supporters of this federal administration are as a general rule politically and economically functionally illiterate. Case in point: Richard Schoering writes that the recent increase in oil and gas prices is the consequence of the refusal of the Democrats in Congress to vote for more...                

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Who's to blame for $4 gas?

cnn.com     May 20, 2008          

Prices have surged over the past four years - and there's a bunch of reasons why. Soaring demand, limited supply and investor interest are behind a doubling of gas prices over the last four years. It's hard to imagine now, but in 1999 gasoline sold for 90 cents a gallon. "Our demand has...                

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McMWest commented on "Boone Pickens sees $150 a barrel oil this year"

marketwatch.com     May 20, 2008          

The price is still not reflective of demand. People get more than $4 of utility out of a gallon of gas. We now hear whining and complainibg but until people actually make major changes to their consumption oil will continue to rise. I will be long oil until I see people en mass riding bicycles,...                

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