A Dream Comes True
By A.F. Branco on Feb 22, 2012 in Political Cartoons
Tag: "gas prices"
Gas Prices Drop Steadily Just in Time for Holiday Travel
By R. Mitchell on Dec 11, 2011 in In The News
Many families across America are feeling a little budgetary relief just in time for Christmas, as the price of gasoline has been steadily dropping for about the last 5-1/2 months, with the exception of a spike during the week of Thanksgiving, which has lead some watchdogs to express opinions of price gouging during the busiest [...]
Food Futures Slide Monday
By R. Mitchell on Aug 09, 2011 in Money
During the mini-crash of August 2011, stories of a market slide and gold going through the roof were prevalent. What no one seemed to be talking about is food futures. September wheat dropped twenty two and a half cents per bushel to $6.57 and corn dropped 0.17 to $6.86 a bushel. Oats and soybeans also [...]
Breitling Oil and Gas Announces Exploration in Louisiana
IRVING, Texas, June 14, 2011 — Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, announced that it has spud the Breitling-Sandy Run #1 prospect in St. Helena Parish, Louisiana on June 12, 2011. The Breitling-Sandy Run #1 is a 3800′ well and is targeting Miocene Sands which showed [...]
TrendWatch: How Hurricane Season Can Lead to Gas Crisis
By R. Mitchell on May 24, 2011 in In The News
ATLANTA, May 24, 2011 — When Hurricane Katrina shut down the majority of oil refining capabilities in the Gulf of Mexico in 2005, prices skyrocketed overnight and incited a rush on gasoline that led to a nationwide, weeks-long gas shortage. With prices currently nearing post-Katrina levels on their own, this hurricane season could prove even [...]
Food and Energy Inflation Is Not Transitory
By R. Mitchell on Apr 29, 2011 in Money
FORT LEE, N.J., April 28, 2011 /PRNewswire/ – Federal Reserve Chairman Ben Bernanke on Wednesday held his first press conference in history. The press conference took place shortly after the Fed announced its decision to leave the Fed Funds Rate at a record low of 0% to 0.25%, where it has been for an unprecedented 28 months. The U.S. economy [...]
Wise Words from Allen West- Weekly Wrap-up
Click here to view this email in a browser About Me Contact Me Serving You Media Center Legislative Work Our District Resources Dear Patriot, Greetings constituents, fellow Floridians, and all Americans across our great land. It is again time for our weekly Congressional update. As I travel throughout the district, I certainly appreciate the feedback [...]
Investors Turning Away from U.S. Debt Over Record Deficits
The proverbial chickens.. have come home to poop – or roost if you prefer. The world’s largest bond investment fund, Pimco’s Total Return Fund removed U.S. government debt from its holdings: Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., eliminated government-related debt from his flagship fund last month as the [...]
Why Oil Price Drop .. Doesn’t Matter
Yesterday everyone and their brother was reporting that oil prices had managed to settle near $104. First, how is that good news? It’s just not as bad as the news we were told to expect. So does that make oil “unexpectedly” near $104?? Reading all the news, you’d think this was either good or confusing [...]
