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Stephen Payne discusses political influences on the energy industry, and more.
Thursday, July 31st, 2008 Posted in Uncategorized | No Comments »
Scanning the internet, I came across this odd website devoted to discussing the world after the oil crash. Now, apart from the usual defeatist rants about how production can never ... Read more..Wednesday, July 30th, 2008 Posted in Uncategorized | No Comments »
Disband your lynch mob and stop burning stock traders in effigy, because a motion in the House of Representatives to punish energy speculators has just failed. But just barely. Opponents House ... Read more..Tuesday, July 29th, 2008 Posted in Uncategorized | 2 Comments »
You might think that I'm going to blog today about the fact that oil prices are at a six-week low. But no, I wanted to address something that offended me ... Read more..Monday, July 28th, 2008 Posted in Uncategorized | No Comments »
Once again, oil supplies in Nigeria have been disrupted due to militant attacks. Rebels destroyed part of an oil pipeline today, sending prices up $1.47. What this group wants is ultimately ... Read more..Wednesday, July 23rd, 2008 Posted in Uncategorized | No Comments »
I wanted to add an addendum to yesterday's post. It seems there's more news concerning high fuel prices' effects on driving. A study by the University of Alabama and Harvard ... Read more..Tuesday, July 22nd, 2008 Posted in Uncategorized | 1 Comment »
As you grumble to yourself while filling up your tank, at least take this to heart: driving fatalities have dropped since oil prices have increased. There was a 9% decrease nationwide ... Read more..Monday, July 21st, 2008 Posted in Uncategorized | 1 Comment »
With a hatred usually reserved only for the boogeyman or Lindsay Lohan movies, the U.S. Senate has set its sights on energy traders accused of driving up oil prices with ... Read more..Friday, July 18th, 2008 Posted in Uncategorized | 4 Comments »
It's funny how little it takes people to compromise their values just to have a quick fix solution. Hugo Chavez, the lovable dictator from Venezuela, has decided to grant the ... Read more..Wednesday, July 16th, 2008 Posted in Uncategorized | 2 Comments »
House Speaker Nancy Pelosi has taken the position that President Bush should open up the Strategic Petroleum Reserve to dump oil on the market and drop prices, a move the ... Read more..Tuesday, July 15th, 2008 Posted in Uncategorized | No Comments »
Iran launches missiles! Oil jumps up $9! Bush pledges to allow offshore drilling. It's down $7! If the oil price market was a human being, it would be a schizophrenic. ... Read more..