Bill O’Reilly and ABC News’ Brian Ross discuss the Solyndra scandal. Not sure how this will shake out, but it isn’t looking good for the White House at the moment.
Barack Obama On "Price Signals" & "Bankrupting" The Coal Industry
This should scare the crap out of anyone even considering voting for this guy, but it probably won’t…
HT: LGF
Citizens For Energy Freedom Conference
If I had the funds to travel to Des Moines next month, I’d totally check this out. Click here for details.
Gas Problems: Exxon Benefits from Your Suffering
Oil Boom: Exxon Breaks Record for Profits by U.S. Company
By John PorrettoExxon Mobil reported second-quarter earnings of $11.68 billion Thursday, the biggest quarterly profit ever by any U.S. corporation, but the results fell well short of Wall Street expectations and shares fell in premarket trading.
Article Continues… (ABC News)
If I was a conspiracy theorist, I’d say someone’s in bed with someone else, and the American consumer is suffering.
Realistically, I don’t understand how this stuff works, so I probably shouldn’t comment on it.
The Pickens Plan
In addition to having the most Southern-sounding name I’ve heard in a while, T. Boon Pickens has an interesting plan for reducing our dependence on foreign oil:
A depressing outlook on oil prices
Matt Simmons talks to the folks on CNBC:
I’m not sure where I stand on the whole “peak oil” thing, but I do think something needs to be done about these prices!
HT: The Oil Drum
Canada to become next OPEC
By Jerome R. Corsi
The United States’ oil dependence on Canada, already America’s largest supplier, is about to grow under a plan to build a new pipeline to transport oil from the tar sands of Alberta into the central part of the nation.
TransCanada Corporation, a public company traded on the New York Stock Exchange, has announced the TransCanada Keystone Pipeline has been given a final Environmental Impact Statement approval from the U.S. Department of State because of the limited adverse environmental impacts that are expected.
The approval is the result of nearly two years of analysis of the project proposal by more than a dozen U.S. federal agencies and other interested stakeholders.
Now that the EIS is finished, TransCanada expects to receive authorization soon to begin the construction and operation of the pipeline at the U.S./Canada border crossing.
Article Continues… (WND)
I’m not sure how I feel about this one. Canada is a far safer option than any of the terrorist regimes in OPEC, but still…
HT: Israpundit






