By Art Smith. Posted Monday, Oct 13, 2008 at 11:21 pm Filed Under: Banks, Business, Economy, Energy, Federal Reserve, Foreign Oil, George W. Bush, International Markets, Markets, US Treasury
The Dow had it’s record highest point gain today up almost 940. Although it was up a bit today, Oil prices have been retreating and have been steadily below $90/bbl for several days. And have you noticed the price of gasoline has also been declining?
Of course, we all know it’s not over yet, but it’s good to see some positive signs. Unfortunately, the price of diesel fuel has not come down with trhe price of gasoline, apparently due to supply issues worldwide. And this will keep the price of consumer goods general higher. Seems like[...]
By Art Smith. Posted Friday, Aug 15, 2008 at 8:17 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, ANWR, Democratic Party, Economy, Energy, Foreign Oil, If you won't vote for us we won't vote for you, John McCain, Leonard Boswell, Nancy Pelosi, US Congress
Last week I started taking my bicycle to work. It’s about 7.5 miles as the crow flies, and my shortest (and most difficult) route is about 8.5 miles… the longest (and easiest) route is 13 miles. Downtown Des Moines is at a slightly lower elevation than the suburb of West Des Moines where I live, [...]
By Art Smith. Posted Monday, Aug 11, 2008 at 5:10 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, ANWR, Democratic Party, Economy, Energy, Foreign Oil, If you won't vote for us we won't vote for you, John McCain, Nancy Pelosi, US Congress
Down! Not alot, but it dropped another $.75 today to $114.45 a barrel.
Meanwhile, the Republican Protest against the Democratic No-Vote Vacation continued into its second full week, with activity at Capital Hill and at town halls throughout the country. House Republicans want everyone (that means you and me) to contact their Democratic representatives and tell them to demand [...]
By Art Smith. Posted Friday, Aug 8, 2008 at 8:50 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, ANWR, Economy, Energy, Featured, Foreign Oil, If you won't vote for us we won't vote for you, Iowa State Fair, John McCain, Nancy Pelosi, US Congress
The Republican Protest of the No-Vote Vacation continues today, with no end in sight. CSPAN showed the following press conference (video courtesy John Boehner’s office) featuring House Minority Leader John Boehner (Ohio), Mike Pence (Indiana), and Jon Porter (Nevada). Excellent, concise, brought a solid message back from their constituents, and continuing the push forward. Worth [...]
By Art Smith. Posted Wednesday, Aug 6, 2008 at 10:21 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, Barack Obama, Democrats, Economy, Energy, Featured, Foreign Oil, If you won't vote for us we won't vote for you, John McCain, Nancy Pelosi, Republican Party, US Congress
The downward pressure on the price of oil continues, although not as strong as the past few trading days. At the end of the day, it was $117 (down $.22 from yesterday). Oh, and the Dow was up 40 points.
Meanwhile, Newt Gingrich showed up today at the Capital to show support for the GOP Protest. [...]
By Art Smith. Posted Tuesday, Aug 5, 2008 at 9:52 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, ANWR, Barack Obama, Economy, Energy, Foreign Oil, If you won't vote for us we won't vote for you, Nancy Pelosi, News Media
…the price of oil that is. Down another few dollars to $117.22. In the last few weeks, the price has dropped $30/bbl, or 20%. I’m convinced it’s because Republicans and the nation’s PEOPLE are up in arms and pressing the majority party to do the right thing… just pressing the case for domestic drilling, in [...]
I don’t always like some of the things that Steve King says (I think he may have good motives, but perhaps suffers from Bushitis), but I was glad to see he was still in Washington DC along with a number of other House Republicans to continue protesting the No Vote Vacation. Here are King’s comments [...]
Allahpundit over at Hot Air brings us news that Republicans in the US House, who staged a dramatic protest Friday over the closing of business in Congress for a month while the Energy issue sits languishing, plan to continue this effort anew on Monday. From House Republican Leader John Boehner’s office :
Washington, Aug [...]
Bar owners got their first shot in court to get a stay ordered on the 2008 Iowa Smoking Ban. Some bar owners say they are losing business, some preparing to shut down for good. Although one admitted that gasoline prices and other economic issues may be impacting business as well, there should be no doubt [...]
By Art Smith. Posted Wednesday, Jul 30, 2008 at 9:02 pm Filed Under: 2008 Congressional Election, 2008 Presidential Election, BitsBlog, Economy, Energy, Foreign Oil, International Markets, News Media, US Congress
“Everyone knows…” are words I’m getting tired of hearing. It is a subtle form of manipulation by forcing one to either immediately agree or disagree and by disagreeing become an outsider. Katie Couric this evening says “The world’s oil problems all come down to the laws of supply and demand”. Careful here. On the [...]