Members of Congress are planning to take energy legislation in an entirely new direction in light of the April 20 oil spill in the Gulf Of Mexico. It is unlikely that the president’s compromise – more drilling in the short term and a long term transition to renewable sources – will pass through the Senate. [...]

We have Steven Chu, Energy Sec., Lisa Jackson, EPA, Nancy Sutley, Council on Environmental Quality, and Carol Browner, energy czar. Not an oil (wo)man in the mix. This is a horse of a different color. They want to cap greenhouse gasses, and move to renewable fuel.
What does the energy industry think?
There’s a bull’s [...]

An amazing thing happened today. Financial media all noticed that there was an election going on, and there might be some impact on stocks. Amazing!
There are two reasons why this story has been left behind:
1) The crisis in financial markets has created stock movements that overwhelmed any bump that one might get [...]

Teeka Tiwari of Seeking Alpha has written an article from the same perspective we use almost all the time here at Election Stocks. He gives his own predictions and insights towards a list of 8 stocks that would do exceptionally well if McCain is elected in November. Most of his choices are oil companies:
On a [...]

With gas prices seeming to be the focus in voters’ minds, the rising food prices that the market today is facing are often ignored. However, much like gas prices, food prices are both an important and complex issue. In fact, rising food prices are such a complex issue that it is hard to even reach [...]

Today Politico had an article with some very interesting statistics in it. For example:
Only 31 percent of Americans say McCain is the candidate “better able to improve economic conditions,” according to a recent CBS/New York Times Poll, compared with 51 percent for Obama. That lead has held stable for months.
And even though McCain promises [...]

Our post the other day mentioned how lifting the offshore oil drilling ban could drop oil prices purely from the psychological effect on speculators. Recently McCain even said that the gas tax holiday and lifting the drilling ban would have mainly “psychological benefits”. So just how far can these psychological effects go?
This is a ridiculously [...]

We are going to look at this from two aspects. First from a purely economic point of view and then from a more pragmatic view. But before we jump into that, let’s quickly go over how the candidates feel. Obama, along with most Democrats, is wholly opposed to lifting the drilling ban. McCain recently flipped [...]

The way things are going, it seems like we might have to wait until September to see a debate. Despite Obama claiming that he would debate McCain “anytime, anywhere” we still haven’t seen a single debate planned until the major September 18 debate at the Morial Convention Center.
It seems strange that the first debate is [...]

McCain’s newest video ad likens Obama to the evil James Bond villain Doctor No. Surprisingly enough, this advertisement appears to trumpet the economic ignorance McCain has been displaying lately: from the gas tax holiday to the issues with offshore drilling. Shown below is the video itself. You may need to actually click on this post [...]