7 September 2008 1 Comment

Does Anyone Care About Bush’s Veracity Anymore?

While we are all focused on what is going on the Presidential election is anyone still listening to what President Bush has to say? Dean Baker over at The American Prospect asks a very very important question – Is it News When the President tells Untrue Statements (i.e. lies)?

22 June 2008 Comments Off

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.

21 June 2008 2 Comments

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.

21 June 2008 1 Comment

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.

27 May 2008 1 Comment

Expensive Oil’s Upside

The Chief Economist and Chief Strategist for Canada’s CICB World Markets has released a free report that discusses the future of globalization in a world of rapidly increasing transportation fuel costs. When energy costs were low, it made economic sense to take manufacturing jobs to wherever labor is cheapest, but when the cost of [...]