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President Bush is expected to lift a ban on offshore oil drilling at a press conference this morning.
New exploration won't take place unless Congress approves, something it has shown no sign of doing so far.
Read the whole story here.
The White House says it wants to do something about high...
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I have been getting e-mails on how to bring down the price of gas since it first went over $2.00 per gallon. Don't buy gas on Tuesdays, Don't buy from this company or that, impeach the president, etc. Novel ideas, I suppose, but all totally ineffective.
It doesn't matter which day you buy gas,...
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A new tax to lower gas prices? Please tell me they are joking! As the senate grilled the heads of Americas largest oil companies as to why prices are so high and what they intend to do about it, they hung thinly veiled threats (probably culled from Obama's speech which he stole from Hillary...
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I am sick of the "War For Oil" mantra of the uninformed people who blame everything from gas prices to the lastest supernova on Bush. If this war is for oil, where is the OPEC glut that would flood the market to drop oil prices as it did in the 80s and again in the 90s? The Arabs may...
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The company's moving its headquarters to Denver.
Read reporter Gretchen Wenner's report. She'll be bringing us more information throughout the day.
For now, what's this going to mean for the oil industry here?
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Here's a report from Roy Burlingame and Joyce Holtzclaw, organizers of this event. Joyce is with Nations Petroleum, and Roy is with Dynamic Graphics, Inc.:
The SPE Western North American Region of the Society of Petroleum Engineers and the Pacific Section American Association of Petroleum...
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OK - right after I ranted about this flik only being in 1 other theater, it opened yesterday at the Marketplace. So I hopped right down and caught the noon show.
What a GREAT movie! Oh man - first 15 minutes had no dialog but what a marvel of cinematic exposition.
I only had 1 complaint:
...
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Fascinating stuff about an upcoming petroleum rights auction:
"...the censoring of the Arctic report was typical of the actions of the White House. "It fits a pattern of downplaying, denying, and suppressing climate science at every turn. It's all part of the Bush-Cheney strategy of...
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Ever wondered what Kern's most famous export looks like? I took this video of crude oil during a visit Tuesday to Hathaway Oil Company, an independent producer in northern Kern County. Oil from this region is notorious for being thick and goopy ... and it definitely was. Company owner Chad...
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In case if you haven't noticed it, gas prices have actually been going down, despite the upcoming Labor Day holiday. They're down about $0.50 from a couple of months ago. Still high though at $2.50 to $2.90 a gallon. Now if only it would come down to about $1.80.
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Comments [46] - Views [110]
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ExxonMobile and ConocoPhillips heve pulled their financial backing and resources for the heavy crude refinement programs in Venezuela in the face of the nationalization of the oil industry in that country and ceding majority ownership and control to the government. Hugo said he was...
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Comments [16] - Views [49]
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I don't drive a car, but that doesn't mean that I like seeing these insanely high gas prices. I get a ride from my parents to and from work and other places, and will start paying them for gas soon.
It now costs over $3 per gallon and experts say were one mishap away from $4 per...
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Pete’s comment the other day about churches tapping into the power of God by way of renewable energy got me to thinking about writing up another bit on some of the stuff going on in the realm of renewables. One of the exciting developments that is just getting started is using algae...
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Comments [24] - Views [279]
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As this exclusive article in the Independant states, the Iraqi government, along with their "friends" in the Bush administration, are planning on allowing Oil companies to profit from their oil reserves: "Iraq's massive oil reserves, the third-largest in the world, are about to be...
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Comments [16] - Views [220]
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First, lets revisit a remark from "The Donald": Rumsfeld told Steve Kroft of CBS Radio in November 2002. "It has nothing to do with oil, literally nothing to do with oil."
Now, lets see what the Shrub had to say on the campaign trail this week..from a WaPo article today:
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Comments [27] - Views [377]
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