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Money = Wind, Bush and Fox News?

By: Divorced one like Bush Yes, you read that correctly. The right is reporting there is money to be found in wind. Sacrilege in their church of oil. In an…

Windfall taxes and Mr. Obama

Oil companies are amassing ever greater profits as crude prices rise. Mr. Obama very recently talked about a windfall profits tax on oil companies. In that same talk he apparently…

Oil prices: 1970s vs Current Situation

Just a quick chart to compare the current situation to the 1970s. When I ran the chart I did not expect such a nice match. The price series is West…

PROFITS,CAPITAL SPENDING & PRICE CONTROLS

…and as this data on Exxon shows the oil companies are not spending their profits on additional drilling and exploration this cycle. Interestingly in the 1970s oil price surge the…

Lying… Just Not Under Oath

This story from the front page of today’s Washington Post is interesting: Document Says Oil Chiefs Met With Cheney Task Force White House document shows that executives from big oil

Neal Boortz On Our Foreign Dependence on Oil

Neal Boortz tells his listeners: “But the left doesn’t want us to reduce our reliance on foreign oil”, which drew a response from the Mahablog. Maybe Neil thinks the House…

OPEC’s Decision

…higher oil prices: At its meeting in Cairo on Friday, OPEC agreed to pare back production to support the oil price, which has fallen towards $40 per barrel in recent…

The KC Fed Disagrees

…real oil prices were higher in the early 1980s; but is that really the benchmark that you want to use for comparison? I actually think that real oil prices are…

…“no one ever said it would be easy.” Well, the same thing goes for prediction’s about Iraq’s oil production. Wolfowitz famously said that Iraq’s reconstruction would be largely self-financing: “We’re…

…fair&balanced unlike those biased Bush-Cheney cartoons. But last week, the Kerry camp had this silly cartoon called the “Oil House”. It points out how top White House officials – including…