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Tag Archives: High

The Texas Fireball – Don’t Believe the “Meteor” Cover Story

Federal Aviation Administration spokesman Roland Herwig said the fireball seen across a wide stretch of the state Sunday morning probably was a natural phenomenon and not debris from last week’s collision between an Iridium communications satellite and a Russian military space vehicle.
I have my own ideas about what the “fireball” really was.   NASA is here [...]

High Gasoline Prices: Government is to Big Oil as Pot is to Kettle

Rep. Edward Markey, D-Mass. led a public flogging of the big oil companies this week, echoing Obama’s call to make the oil companies pay for turning a profit.  A large profit, in absolute terms, but what about relative to other industries?  Would that solve the problem of high prices?

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Obama: Tax Big Oil Refiners to Build Refineries

Just watched the YouTube clip of Barack Obama’s speech at a town hall meeting in Beckley, West Virginia this past Thursday. He takes a question on gas prices, and outlines his positions on gas prices and energy policy.  He, of course takes on “big oil” and calls for a windfall profits tax, but then turns [...]

Obama Promises Managed Oil Prices

Barack Obama, in a speech that harkens back to Robert Reich’s and Felix Rohatyn’s calls for a national industrial policy during the early 1980’s, promises that the federal government will use its regulatory authority and the Strategic National Reserve to lower oil prices and shield US consumers from the big oil companies. 
Democrat Barack Obama would [...]