Tag Archives: Oil

Oil Shale Economics

Thomas Friedman wrote today about the need for the United States to reduce our need for foreign oil, proposing a phased $1 tax on gasoline to help wean us from it. This would certainly reduce consumption, but it would not … Continue reading

Posted in Middle East | Tagged , , , , , , , | 1 Comment

Yachting, Golf, and the Oil Crisis

There is quite some furor over the fact that the CEO of BP, formerly BRITISH Petroleum and now simply BP, just as KFC, once actually had something to do with Kentucky and FRIED Chicken, went yachting and Pres. Obama played … Continue reading

Posted in Israel | Tagged , , , , , | 1 Comment

A ray of light in the economic slump

Oil continues its fall. It’s under $94 a barrel right now, and holding steady. Gas is down to $3.19 in the Richmond area, and sinking. (Gasbuddy.com is a good place to find the cheapest gas prices in your area. It’s … Continue reading

Posted in Iran | Tagged , | 2 Comments