When it comes to making bad energy policy decisions, President Obama is a pro. Last week was no exception when the Obama Administration announced it would release 30 million barrels of oil from the Strategic Petroleum Reserve (SPR). This is part of an agreement with the International Energy Agency (IEA) to put a total of […]
by Daniel Pipes June 13, 2011 Cross-posted from National Review Online: The Corner Israel’s military prowess – operational and technological alike – is renowned; but the Jewish state, population 7.7 million, is no less impressive in other areas too: High technology: “Over the past two decades Israel has been transformed from a semisocialist backwater into […]
TEHRAN (AFP) – Iranian President Mahmoud Ahmadinejad said he has temporarily assumed the duties of the oil ministry, as the oil cartel OPEC prepares for a biannual meeting in Vienna. “For now, I myself am the caretaker of the oil ministry,” Ahmadinejad said in a televised speech late Sunday, without elaborating. On Saturday, Ahmadinejad dismissed […]
Ah, January of 2009. Hope was in the air, but more importantly, gas was under two dollars a gallon. Since then gas prices, have gone up 67 percent and it’s an ominously upward trend. Interestingly enough, the Heritage Foundation also took a look at the first 26 months of Bush’s presidency — gas only rose […]
Of course Islam is an economic solution, because in the Qur’an, obedience to Allah brings prosperity. So if Egypt is suffering economic woes, it is because it is not Islamic enough. And if Egypt does become an Islamic state and still doesn’t prosper, the Jews are always there to blame. “Brotherhood leader: Islam is the […]
The U.S. Export-Import Bank, an independent agency of the federal government, is now planning a $2.84-billion loan of borrowed money, for a massive project to expand and upgrade an oil refinery in Cartagena, Colombia. The money would go to Reficar, a wholly owned subsidiary of Ecopetrol, the Colombian national oil company. This isn’t even the […]
EPA Rules Force Shell to Abandon Oil Drilling Plans By Dan Springer FoxNews.com Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. […]
Such a deal! How would you like to be able to fill up at $2.80 a gallon? Gasoline prices like that are available but there’s one catch…they’re in Mexico. But 1200 WOAI’s Michael Board says plenty of south Texans are ducking to avoid the bullets from the gang wars, to gas up at prices which […]
CHICAGO (CBS) – At one time, $5 per gallon gas seemed like a farfetched idea, but that is no longer the case. As CBS 2’s Roseanne Tellez reports, as of Monday, the average price for a gallon of regular unleaded gasoline in the Chicago area is $4.11, compared with $3.71 a month ago, and about $3.10 […]
Washington (CNSNews.com) – Despite the nuclear crisis in Japan, nuclear energy will remain a safe and important source of electricity in the U.S., President Obama said on Wednesday. “America gets one-fifth of our electricity from nuclear energy,” the president said in a speech at Georgetown University. “It has important potential for increasing our electricity without […]
