Tag Archives: Oil

Obama’s Five Year Plan

The US (through President Barack Hussein Obama’s failed green energy policies and his desire to repay campaign contributors) has decided to pursue green energy. Obama promised that green industries would create millions of jobs after he took office. His administration earmarked billions of dollars for investment in “clean” industry. But no matter how you define… Read More »

Green Death

Eight regions of Spain have had their credit ratings cut as uneasy Spaniards moved their money overseas. Spooked by the questionable state of their banks, Spanish savers are now moving their money abroad faster than records have ever shown. Spain’s credit rating has been downgraded two notches and nearly 25% of Spaniards are unemployed The… Read More »

Grasping at Energy Straws

In February 2012 New York Democratic Senator Charles Schumer called upon Secretary of State Hillary Clinton to request Saudi Arabia increase their oil production to make up for potential disruptions in the world’s oil supply resulting from Iranian saber-rattling. Schumer’s unhidden rationale was that such a pledge from the Saudis would drive down gasoline prices… Read More »

Democrats Introduce Reasonable Profits Board Bill To Regulate Oil Company Profits

 In a direct attack on free enterprise, Democrats have introduced The Gas Price Spike Act, (H.R. 3784), that proposes to establish a “Reasonable Profits Board” to regulate oil company profits. In the “definitions” section (page 2), we get (among other things): (2) WINDFALL PROFIT – The term ‘windfall profit’ means, with respect to any sale,… Read More »

Cyber Attacks Threaten World Oil Supply

Computers control nearly all aspects of the worlds oil supply today. Increasingly, they are coming under more and more frequent and carefully planned cyber attacks. Hackers conduct industrial espionage and threaten potential global havoc through oil supply disruption. “If anybody gets into the area where you can control opening and closing of valves, or release… Read More »

Drill Baby Drill! Sign The White House US Oil Drilling Petition!

“Your voice in our Government”… so they say! According to the new We The People part of our government website, they want to hear from us- the actual people who make up this great nation! We The People is Live! Welcome to We the People on WhiteHouse.gov. This tool provides you with a new way to… Read More »

The Obama Effect

The following chart shows a comparison of prices of certain commodities from January, 2009 when Obama took office to the prices of the same commodities in January, 2011.             Sourcing is footnoted.             Leftist should take a lot of tranquilizers before reading this chart. Just take this last item: In the last two years we… Read More »

Study Projects Major Growth for Heavy Crude Oil, Evaluates Potential and Challenges for Next 25 Years

HOUSTON, Sept. 1, 2011 /PRNewswire/ — Global production of heavy crude oil, led by new output fromCanada, Venezuela and the Middle East, will rise to 12.3 million barrels per day by 2020. This estimate is drawn from short-term and medium-term projections in Hart Energy’s Heavy Crude Oil: A Global Analysis and Outlook to 2035. The latest edition of the just-released annual… Read More »

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… Read More »

Obama Sides With Communists / Turns Back on UK in Falklands Issue

Just when Americans are realising that Barack Hussein Obama is in fact an anti-American Socio-Marxist at heart, Mr. Obama shows us that he has deep Communist sympathies in an announcement from the UK Telegraph: Another slap in the face for Britain: the Obama administration sides with Argentina and Venezuela in OAS declaration on the Falklands.President… Read More »

Why Obama’s Use of Regulation vs. Legislation is Flawed

The Obama administration is using regulatory controls in place of legislation in many areas. By moving traditionally legislative actions into the executive branch, President Obama does not need to depend on a Congress that may not be able to produce the laws needed to force his progressive agenda on the whole of America. What he… Read More »

E.P.A. = Extreme Political Activism

On April 25, 2011 Shell Oil Corporation announced it was dropping it’s efforts to drill for oil in the Arctic Sea off the northern coast of Alaska. This decision comes after 5 long years of jumping through the governmental hoops of massive regulations, careful, tedious exploration and the expense of investing over 4 billion dollars in the project.… Read More »