energy

Economists on both sides of the aisle agree that this is one of the weakest recoveries since the  Great Depression.  New York Times economic columnist Paul Krugman, one of  President Obama’s early supporters, said, “This is still a terrible economy.”  The latest economic figures were worse than expected and are downright frightening.  Rick Santelli laments on the [...]

The November election is fast approaching, and even Saturday Night Live acknowledges how pivotal this juncture is for the future of America.  They offered a humorous look at the questions that undecided voters may still have. While outrageous, it does illustrate how important the so-called undecided vote matters. The media has focused on Mitt Romney describing almost [...]

Senator Harry Reid (D) said that the Tea Party movement will not last and will lose some seats in Congress in the November 2012 elections. Reid said as long as he is the Senate majority leader, the Tea Party is dead in the water.  He said, “The Tea Party will disappear as soon as the [...]

The Democratic party has been unrelenting attacking Mitt Romney’s record with the private equity firm Bain Capital aiming to keep the Republican candidate on the defensive and more importantly to shift the focus from Barack Obama’s economic record.  The President is attacking Romney and his Republican allies for pursuing what he brands as outdated and a policy of discredited economic [...]

Two more Illinois coal-fired power plants are closing to the delight of Greenpeace and Sierra Club activists, but what does this mean for Chicagoans?  Rahn Emanuel pressured Chicago’s Fisk and Crawford plants to close earlier than previously scheduled.  These two power plants represent over 200 years of Chicago history and coal historically provides the city and the state [...]

Al Armendariz, a top EPA administrator, described his agencies philosophy of enforcing draconian regulations on oil companies as “crucifying” them.  These comments are just another example of the current administrations war on fossil fuels.  The current battle field seems to be on the oil and gas industry, illustrated by record gasoline prices and the blocking of the Keystone pipeline [...]

Experts on both side of the political spectrum agree that the Keystone pipeline project is a good idea.  It would provide the U.S. and Canada needed jobs and provide us with a cheaper, safer, and cleaner way to get oil to our oil refineries.  Sounds great, where is the hold up?  The most vocal opponent [...]

President Obama spends an awful lot of time vilifying the oil industry. He repeatedly tells us that you either stand with the oil companies or you stand with the American people. He just told the press that “last year, the three biggest U.S. oil companies took home more than $80 billion in profits.” Barack Obama [...]

Barack Obama said a few things that seemed a bit strange this weekend.  At first glance, the statements seem backwards and upside-down.  Barack Obama had some unique insight into lowering gasoline cost.  However, in the proper context, they make perfect sense.  It’s April Fool’s Day! Alright, the President addressed the media from the rose garden [...]

Obama said in an interview that under his energy policies “Electricity Rates Would Necessarily Skyrocket.”  This is one campaign promise Obama has kept, Americans are paying more for gasoline and energy every day.  “When President Obama took office in 2009, the average price of gas nationwide was roughly $1.80 per gallon,” Kentucky Representative Ed Whitfield(R) [...]