The agency charged with "ensuring the integrity of the futures & options market," has accused Optiver Holding of manipulating the prices of crude oil, heating oil and gasoline futures on the NY Mercantile Exchange.
What is McCain's next commercial going to be? That Obama is responsible for global warming? The recent outbreak of salmonella? The inability of the Chicago Cubs to win a World Series?
For only the fourth (or fifth, depending on how you count) time in his presidency, George W. Bush had a veto overridden by both houses of Congress thi...
I was extremely confused by Bush's rosy economic speech. Here my local bank, IndyMac, is collapsing, with distraught customers waiting in line for hours last week to get their money.
Whereas the implications of a war with Iran for the national security of the US would be much worse than those of the Iraq war, little has been said about the implications for our economic security here at home.
If you read closely, you'll notice Bush did not explicitly claim that coastal drilling would significantly lower the price of the gas -- because it won't.
Flying to visit his wind operations in Sweetwater, Texas, T. Boone Pickens makes it clear that his next wind project is big, Texas-style -- 4,000 megawatts up in the Panhandle north of here.
We're so screwed that there's no way we can drill ourselves out of this mess. What will it take for people to accept the fact that the era of livin' large is over?
McCain's new ad accuses Obama of keeping gas prices high, all by himself. That's absurd, and McCain knows it - he has said repeatedly that our current problems were "30 years in the making."
Big Oil makes more money when prices go up and that money is nicely spread among its allies in Congress. Trusting these guys is like trusting your neighborhood pusher.
Rather than scour the world for oil that is increasingly expensive and difficult to get, we can jumpstart automakers to build a fleet of plug-in hybrid and electric vehicles that get in excess of 100 mpg.
Although it's great to see Bush take on our nations concerns, I must call out five dumb things he said Tuesday. Most notably, "The president doesn't have a magic wand. You can't just say: 'Low gas!'"
Imagine! Almost an entire installment of Meet the Press devoted to an interview with a private citizen who is not running for office -- who receives the attention because he...knows something.
How ironic that the poster boy for gas guzzling sizeable SUVs morphed into a psuedo-democratic, Green governor just in time to see gas near 5 dollars a gallon and its effects rippling through the economy.
According to their results, a stunning 6 out of 10 voters now favor McCain's drilling proposal. More worrying, they note, is that voters are rejecting Obama's message of renewable fuel investment.
John McCain may not know what gas costs or when he last pumped any, or performed any other act not connected to politics or outpatient care, but he's had hundreds of town hall meetings.
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I completely agree. Cheap gas leads to more pollution and more CO2 to add to global climate change problems.
You can't give in just because people are too stupid to understand.
I believe the dems are doing right holding the line with their exact line of resistam=nce, and not giving in to the greed. of the oil companies who are jumping at the chance to exploit the country's resources at this crucial time.
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