Tag Archives: Oil

Delta Air Lines Buys Its Own Oil Refinery

Friday, May 4, 2012 Soaring fuel costs coupled with no relief from the Obama administration forced Delta Airlines to take the unusual step of buying its own oil refinery near Philadelphia, PA. Delta Air Lines will buy the Trainer Oil … Continue reading

Posted in Airlines, Business, Energy Costs, News, Oil | Tagged , , , , | 12 Comments

Obama’s Attack on Libya Helps Drive Oil to $105

Tuesday, March 22, 2011 Whether you support President Obama’s decision to attack Libya or not, one result of the U.S. military action is oil prices hitting $105 a barrel. On the New York Mercantile Exchange oil reached $104.97 per barrel … Continue reading

Posted in International News, News, Oil, President Barack Obama, Worst President Ever | Tagged , , , , , | 8 Comments

Rubber Bullets Fly at Anti-Obama Protest in Rio

Saturday, March 19, 2011 Less than 48 hours before U.S. President Barack Obama & family arrive in Brazil, a Molotov cocktail was launched in front of the U.S. consulate in Rio de Janeiro late Friday in protest of his arrival, … Continue reading

Posted in Brazil, International News, News, Oil, President Barack Obama, USA | Tagged , , , , , | 13 Comments

Obama’s Secret Plan to Arm Libya’s Rebels

Sunday, March 6, 2011 As the hapless Obama administration is “thinking about” tapping the US’s strategic petroleum reserves to help off-set historic increases in consumer gas prices, evidently Obama wasted no time making another decision: asking Saudi Arabia to supply … Continue reading

Posted in DINO Democrats, International News, Neocons, News, Oil, President Barack Obama, Ronald Reagan | Tagged , , , , , , | 16 Comments

The Cost of Libyan Freedom

Thursday, March 3, 2011 Gas prices continue to surge in the USA. Many oil analysts blame the meteoric rise to unrest in Libya which is an OPEC member nation. Pump prices are the highest in history for early March, jumping … Continue reading

Posted in Big Oil, Corporate Greed, International News, News, Oil | Tagged , , , , | 25 Comments

Die Baby, Die

Monday, May 3, 2010 Sea turtles have begun to wash ashore dead along the Gulf States where oil continues to leak from an uncontrolled gusher on the sea floor, some 5,000 feet below the surface. The best-case scenario for region … Continue reading

Posted in Ecology, Environment, International News, News, Oil | Tagged , , , , | 27 Comments

‘Gag-inducing’ Fuel Smell Wafting over New Orleans

Friday, April 30, 2010 The Times-Picayune reports New Orleans has been overwhelmed by a “pungent smell” and that officials believe is the onslaught of the massive oil spill, pushed ashore by 20 mph winds, now five times larger than originally … Continue reading

Posted in Ecological, Environment, International News, News, Oil, President Barack Obama | Tagged , , , , , | 11 Comments

Sunken Oil Rig Leaking 42,000 Gallons of Oil into Gulf a Day, Still ‘Drill, Baby Drill?’

Sunday, April 25, 2010 The sunken oil rig off the coast of Louisiana is leaking an estimated rate of 1,000 barrels, or about 42,000 gallons a day. The massive oil rig exploded this week. The rig burned with such intensity … Continue reading

Posted in Environmentalism, News, Oil, President Barack Obama | Tagged , , , | 8 Comments

Alan Greenspan: “Iraq war was about oil”

Tuesday, September 15, 2009 Alan Greenspan, the man once regarded as the world’s most powerful banker declared that the Iraq war was ‘largely’ about oil. First appointed by Ronald Reagan in 1987 and retired last year after serving four presidents, … Continue reading

Posted in Dick Cheney, George Bush, International News, Iraq war, News, Oil | Tagged , , , , , | 8 Comments

Pelosi Flip-Flops on Off-Shore Drilling

Tuesday, August, 12, 2008 Speaker Nancy “Impeachment is off the table” Pelosi, an ardent opponent of off-shore oil drilling along the coast of the United States, has reversed course and flip-flopped, telling CNN’s Larry King, “They have this thing that … Continue reading

Posted in Nancy Pelosi, Oil, Politics | Tagged , , | 12 Comments

Obama Caves on Off-Shore Drilling

Saturday, August 2, 2008 With retail gasoline at $4.00 a gallon, the presumptive Democratic presidential nominee, Barack Obama, on Friday reversed his previous position and said he would be willing to support limited additional offshore oil drilling if that’s what … Continue reading

Posted in Barack Obama, John McCain, Oil | Tagged , , | 22 Comments

OPEC: No End to Oil Price Increases

Monday, July 7, 2008 Will $7.50 a gallon be our new reality? OPEC president Chakib Khelil warned Sunday that oil prices will continue to rise because of the falling dollar, in an interview in the Algeria-News.”The price of oil will … Continue reading

Posted in News, Oil | Tagged , , | 13 Comments

Mercedes to be Gas-Free by 2015

Saturday, July 5, 2008 Pssssst, don’t tell King Abdullah. Proving that with leadership and innovation anything is possible (are your listening Detroit?) Mercedes-Benz is aiming to phase out fossil-fuel powered vehicles over the next seven years, replacing its entire lineup … Continue reading

Posted in Climate Change, News, Oil | Tagged , , | 18 Comments

Saudi King To America: “Get Used to High Gas Prices”

Tuesday, July 1, 2008 Don’t you just love being lectured by the Saudis? Case in point, King Abdullah of Saudi Arabia, whose nation is the world’s number one oil exporter, called on consumer countries [the USA] to get used to … Continue reading

Posted in News, Oil | Tagged , , | 31 Comments

OPEC: Weak Dollar Will Drive Oil to $170 a Barrel

Monday, June 30, 2008 Hello $5.00 a gallon gasoline? OPEC President Chakib Khelil predicted that the price of oil will climb to $170 a barrel before the end of the year, citing the dollar’s decline and political conflicts. “Oil prices … Continue reading

Posted in News, Oil | Tagged , | 15 Comments

Obama to Close the Enron Loophole

Monday, June 23, 2008 Barack Obama on Sunday said he would tighten the regulation of oil speculators in an effort to ease record high gasoline prices and address one of Americans’ top concerns. Closing the so-called Enron loophole, a legal … Continue reading

Posted in Barack Obama, Oil | Tagged , | 16 Comments

Oil Rises Above $130. Is Anyone Minding the Store?

Wednesday, May 21, 2008 Oil prices rose above $130 a barrel Wednesday for the first time, as supply concerns mounted and the value of the U.S. dollar weakened. Light, sweet crude reached a trading record of $130.47 a barrel in … Continue reading

Posted in Bush, Democrats, Republicans | Tagged , | 19 Comments

Goldman Forecasts $141 Oil For Second Half of Year

Saturday, May 17, 2008 Despite trying to convince the American people to the contrary, when it comes to oil prices, George W. Bush is just a Saudi appeaser. Goldman Sachs, the most active investment bank in energy markets, on Friday … Continue reading

Posted in Bush, Republicans | Tagged , | 9 Comments