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Noriega backs offshore drilling in energy plan
Democratic Senate candidate Rick Noriega provided details Tuesday of his energy proposal, saying America needs to use renewable energy and find new sources of oil in part through offshore drilling.
Irwin Stelzer: Don’t expect better times too soon
This is the summer of our discontent. Only 14 percent of us are satisfied with the way things are going in the United States, the lowest figure recorded by Gallup’s pollsters since they began asking that question almost 15 years ago.
Report: Iran explores new oil field
Iranian state TV says the country is exploring a newly discovered oil field believed to contain more than 1 billion barrels of crude oil.
Walter E. Williams: Scapegoating speculators
Despite Congress’ periodic hauling of weak-kneed oil executives before their committees to charge them with collusion and price gouging, subsequent federal investigations turn up no evidence to support the charges. Right now oil company executives are getting a bit of a respite as Congress has turned its attention to crude oil speculators, blaming them for high oil prices and calling for tighter control over commodity futures trading.  G-8 worried about food, oil; optimistic on economyLeaders of the Group of Eight economic powers warned Tuesday that surging oil and food prices could undermine world growth but that the global economy would ultimately be resilient.  Food, oil crises 'grave threats'The leaders of Malaysia and Indonesia on Tuesday called for boosting world food production and finding a permanent solution to skyrocketing oil prices, saying the twin problems have become "grave threats" to the world economy.
OPEC chief: Strong demand will keep oil prices up
OPEC chief Chakib Khelil says the world's surging oil prices are not likely to fall.  Iran says any attack would provoke fierce reactionWith Middle East tensions building, Iran's oil minister warned Wednesday that an attack on his country would provoke an unimaginably fierce response.  Chavez: EU migration rules 'barbaric'Venezuelan President Hugo Chavez accused Europe on Tuesday of taking a page from Washington by adopting a barbaric immigration policy that he said would create a "wall in the Atlantic." |
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