A pipeline broke in suburban Chicago last week. Gasoline prices are up 25 cents a gallon. Why, because that crude oil was heavy Canadian crude. To replace the lost crude and gasoline, finished gasoline must be barged up from the Gulf Coast produced from light crude imported from the Middle East. When BP was getting Read the full article…
It started with Jimmy Carter, the second most inept president in my lifetime. He promised us he would eliminate our dependency on foreign oil. At that time we were importing less than 50% of our oil needs from foreign nations. The Saudis and OPEC created huge price runups and lines. Jimmy, being a scientist, had Read the full article…
Believe it or not the same obstructionists who have destroyed any reasonable energy stratey in the US are trying to stop the remarkable new natural gas discoveries underway here in the lower 48. Same story, different verse. A politician, a representative, is going to hold hearings on the new technology that is enabling the huge Read the full article…
