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. […]
Gold and silver are on fire to start the week, and obviously that means the dollar is sagging hard. There are reports of unnamed PBOC officials talking about shifting the bank’s massive reserves into hard assets outside the dollar. There’s another report of a banker (via ZeroHedge) urging a massive slashing of USD reserves. So […]
There are an estimated 27 million barrels of oil waiting to be tapped in the Arctic Ocean, off the coast of Alaska. But after spending five years and nearly $4 billion, Shell Oil Company has been forced to abandon its efforts to drill for oil in the region. With gas at $4 per gallon and […]
Virginia residents witnessed a significant victory for religious liberty this week. On Wednesday, Virginia’s State Board of Social Services voted 7–2 to reject a controversial policy that could have forced faith-based institutions to abandon their beliefs and cost Virginia many effective adoption agencies. Governor Bob McDonnell (R) is expected to approve the regulations. The proposed […]
What is the “debt failsafe” trigger that the President rolled out in his speech on April 13? This is an idea that may be introduced into the debt limit increase debate next month, and it is a dangerous idea. If the Senate’s “Gang of Six” (a bipartisan group working to reduce the deficit) or the […]
Galvanized by the brutal slaying of his 24-year old son on March 28, Mexican poet and intellectual Javier Sicilia has become the loudest voice of discontent in the ongoing war against criminal organizations in Mexico. The murder of Juan Sicilia and six other youth is only a snapshot of the violence that has claimed more […]
In a timely Heritage in Focus, Heritage expert Curtis Dubay discusses part of President Obama’s budget proposal to raise taxes on the wealthy – those earning over $250,000. The president’s budget this year is $3.6 trillion. Confiscating every single penny from every income earner making more than $114,000 – everyone in the top 10 percent […]
Good Friday, a holy day for Christians around the world, is turning out to be a bad day for Egyptian Christians. Thousands of Muslims gathered to protest the appointment of a Coptic Christian governor in the Qena province this week. This incident comes amid a campaign of discrimination and violence targeting Egypt’s Christian community, which […]
As PA Chairman Mahmoud Abbas proceeds full steam ahead with plans to seek a unilateral declaration of a PA state using the 1948 armistice lines for its borders by the United Nations some observers say he may be invoking the law of unintended consequences. The Opposite Effect? Aaron David Miller, a former Middle East negotiator for […]
It seems everyone except President Obama is presenting a detailed plan for dealing with our nation’s rapidly growing debt these days. The latest entry comes from the Bipartisan Policy Council. One feature of their plan, “SAVEGO,” calls for automatic spending cuts and higher taxes should Congress not reduce the debt to a predetermined share of […]
