Archive | June, 2008

Saudi Output Increases Made Irrelevant by Nigerian Problems

Despite the promises from Saudi Arabia, that increase in production will have no real effect on the fundamental supply of oil available to market. This week has seen attacks on the oil production infrastructure in Nigeria that has cost the African nation its position as the top oil producer in Africa. It is now #2, after Angola.

Coastal Governors Pledge to Protect Oceans from Offshore Drilling

A bipartisan group of seven coastal governors are reiterating concerns about offshore drilling as Congress actively considers proposals that would revoke a 27-year moratorium on the practice.

McCain’s Energy Policy Spin

FactCheck.org has analyzed some of the statements and imagery used in John McCain’s campaign speeches and website and television advertisments.  The ad with the Windmills that is mentioned is playing in heavy rotation here in Eastern Pennsylvania. I wonder if that inclusion has anything to do with the fact that Gamesa Corp. is creating jobs  Read more »

Trickle-Up Fuel Price Fallout

When it comes to the future of the airline industry, the question is not whether there will be a downturn, but how bad the downturn it will be.

This Weekend’s Movies

The twelve estimated top producing motion pictures for the weekend, per data collected as of 9:30AM Pacific on Sunday, June 13 by Rentrak Theatrical include: Rank Title Weekend Gross Locations 1 The Incredible Hulk $54,537,800 3505 2 Kung Fu Panda $34,321,000 4136 3 The Happening $30,500,000 2986 4 You Don’t Mess With The Zohan $16,400,000  Read more »