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… It Keeps Going, And Going, And Going …

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...

Slip Slidin’ Away…

…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...

US House Republicans Stand Up for a Second Day

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...

Gasoline idiocy from the left

(Cross-posted from BitsBlog) John Cole is miffed at Obama for suggesting that the solution for oil supply problems is to find more. Apparently to Cole, that’s not painful enough for us. Look, I know that there are people who are suffering because of high gas prices....

Exxon Just Can’t Win

Exxon Mobil Corporation reported record earnings today, a record for any major corporation, but still came up short.  Earning 2.27 per share was still 10% below market expectations.  So, Exxon stock took a 4.7% slide. Not really a big deal, since the close today was...
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