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Archive

Archive for 'Oil'

Dr. NObama

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 […]

McCain’s Issues With Oil

It seems that almost every day there is an editorial urging John McCain to relieve the American people of their high gas price burden. But rather than an endorsement of his gas tax vacation, the average conservative citizen is urging McCain to drill for domestic oil. If he indeed decided to drill for more […]

Pro-Growth vs. Protectionism?

On CNBC yesterday, the theme seemed to be Obama vs. McCain. The McCain supporters focused on McCain’s pro-growth tax cuts and attacked what they called protectionism from Obama; while the Obama supporters attempted to show Obama’s policies moving towards the middle while attempting to portray McCain’s policies as impossible.
The main points that were brought up […]

Cashing in on Iran

Obama and McCain both clearly feel like diplomatic relations with Iran are an important issue. Obama feels that diplomatic talks should be held, but military force is an option should Israel be an option. McCain feels like talks with President Ahmadinejad would be useless and only advance Ahmadinejad’s message. As usual, we won’t pick a […]

Gas Tax “Vacation” is Absurd

As Jeff Miller on A Dash of Insight notes, Hillary and McCain are in favor of a plan that would make gas taxes go away for a while - just to help out the little people. How nice of them. Right? Not really.
Barack Obama along with every reachable economic authority on the vast expanse of […]

Looks like McCain Does Understand Politics

Not too long ago, McCain was saying that he didn’t really understand politics. But now as the Democrats are having a slander war, McCain has used this time to play catch up, and it seems like he gets it now.
On Tuesday, McCain released a new economic plan. Much of it focuses on tax cuts that, […]

Gravel, You’re Not Our Kind!

Mike Gravel was not invited to the Dem debate last night (pretty much the only one) because he hadn’t raised enough money, and thus wasn’t a viable candidate per the organizers’ view.
Don’t count him out. He has an angel in New Hampshire - Gregory Chase. Mr. Chase has has paid for full-page ads […]

Peak Oil and Politics

James Pethokoukis wonders on the Capital Commerce Blog from US News “Are Democrats the Peak-Oil Party?”
What’s Peak Oil all about? Matthew Simmons will tell you.
Pethokoukis quotes from Joe Biden at the NH Debate:

“We have to understand how weak [Iran] is,” explained Sen. Joe Biden last month at the Democratic presidential debate in Nashua, N.H. […]

So Long, Old Friend!

First, Bill Richardson resigned from the Board of Directors of Valero Energy (VLO) in June 2002 to run for Governor of New Mexico.
Then, in June of this year, he sold all of his stock because
“it was just a distraction” in his campaign.
“Because I was getting questions, I just felt it was best to divest myself,” […]

Looking at all the Effects

Recently, Hillary Clinton and Barack Obama have agreed to co-sponsor legislation aimed at making the Chinese government revalue their currency, the yuan.
A newsletter I subscribe to, Penny Sleuth, had an interesting article about the effects of this.
Here is a bit about some effects that they think would happen:
We believe tariffs benefit the select few […]