Tea Party Nation has just blasted out an email blaming Obama for the rising gas prices (login required): As we close out 2010, gas prices in much of the country crept about the $3 a gallon mark. In an interview a couple of days ago, the ex-president of Shell oil predicted $5 a gallon gas […]
The oil rig that sunk last week is now causing a serious environmental hazard: Officials worked Sunday to try to stop oil leaks coming from the deepwater well drilled by a rig that sank last week near Louisiana, but they acknowledged that it could be months before they are able to stem the flow of […]
Oil prices spike as Hurricane Gustav nears Gulf Every time a hurricane approaches the Gulf, we see oil prices spike. If we open up more off shore drilling, these spikes will send a tidal wave through our economy. With hurricanes become more frequent and stronger, can our economy handle oil prices that will be just […]