Post Tagged with: "domestic oil production"

February 10, 2013 16:53

US Consumers Subsidizing Venezuelan Gasoline Selling at 18 Cents a Gallon

The last thing the US should be doing is helping subsidize Venezuelan socialism through cheaper refined products at the expense of US citizens

July 2, 2012 03:45

Global recession could lead to $60 oil

Throw in the fact that it seems everybody (governments as well as consumers) is in debt, nobody has any money, credit issues are becoming increasingly burdensome to deficit financing to artificially stimulate growth via the government intervention route, all these factors are forming a perfect storm for the oil market to face some major headwinds for the next 5 years.

May 30, 2012 05:12

Center of Gravity in Oil World Shifts to Americas; It’s the “Equivalent of a Category 5 Hurricane”

From Canada to Colombia to Brazil, oil and gas production in the Western Hemisphere is booming, with the United States emerging less dependent on supplies from an unstable Middle East.

September 16, 2011 05:24

Jimmy Carter Redux

Obama’s crisis is our crisis too as jobs melt away and businesses large and small wait to see how much more damage his proposals will do to the nation’s economy. His solution was to throw a trillion-dollar “stimulus” at the problem in 2009. He has just proposed a half-trillion dollar solution.

March 15, 2011 06:40

More Americans in favor of drill here, drill now

Gallup has determined that a majority of Americans favor offshore drilling and a plurality are for drilling in the Arctic National Wildlife Refuge in Alaska (ANWR) with both findings showing increases over last year.

February 9, 2011 07:02

Deepwater Spill Was Just an Excuse

The problem the U.S. faces, of course, is not too much overseas competition per se from adversaries like Cuba or China. It is domestic restrictions and regulations that restrict the nation’s ability to drill for its own oil and natural gas.