Posts Tagged ‘petroleum’

More bad oil news from Mexico

July 11th, 2011 | No Comments

Anyone who might be expecting Mexico to bail us out of our OPEC mess might be bothered by this news from the US Energy Information Administration: Mexico is a major non-OPEC oil producer and the United States’ second largest source of oil imports. Mexico produced slightly less than 3 million barrels of oil per day [...]

Democrats flee as opposed to discussing gas relief

August 4th, 2008 | No Comments

A rather bizarre event unfolded Friday.  Basically, the Republicans tried to force a vote on drilling for more oil.  The Democrats stifled it.  Then, the Democrats decided that accomplishing nothing to help the United States deal with soaring gas prices was better than debating, or even worse yet, voting to allow more drilling. It didn’t [...]

Nancy Pelosi thinks the SPR will fix the price of gas

July 9th, 2008 | No Comments

Via See-Dubya at Michelle Malkin’s blog, with an assist from Gasbuddy: Apparently Nancy is finally starting to feel the heat.  So, she came up with the ultimate solution her feable mind could produce: July 8, 2008 The Honorable George W. Bush The President of the United States The White House 1600 Pennsylvania Avenue, N.W. Washington, [...]

Saudi Arabia increasing production

June 15th, 2008 | No Comments

Saudi Arabia has announced it’s increasing production by 200,000 barrels a day.  There are some thoughts I have about the article. “Saudi Arabia is concerned that sustained high oil prices will eventually slacken the world’s appetite for oil, affecting the kingdom in the long run.”  I wonder what gave them that idea?  Could it have [...]

That pesky “Bush is beholden to oil” thing

May 12th, 2008 | No Comments

It’s making the rounds again as the Dems warm up for the fall.  Obama’s already testing it.  Clinton has worn it out already.  Several have already blamed the price of gas on Bush, and most have offered their solutions to the Bush problem.  When you listen to them make those arguments, remember one thing:   [...]

Nancy Pelosi’s commonsense plan for skyrocketing gas prices

April 23rd, 2008 | 1 Comment

On April 24, 2006, Nancy Pelosi made this promise: With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress and its failure to stand up to Republican big oil and gas company cronies. Americans this week are paying $2.91 a gallon on average for regular [...]

Nancy Pelosi’s economic math loses me

February 27th, 2008 | 2 Comments

In the face of record high profits, and expenses, for oil, Nancy Pelosi has just the plan to ease our pain. Add some taxes to the cost. Democrats in Congress are relying on record oil prices and a surge in gasoline costs to make another attempt at imposing $18 billion in new taxes on the [...]