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The Administration

Commodity Exchanges Prime the Pump for Higher Oil/Gasoline Prices

Raymond J. Learsy | Posted 07.31.2012 | Business
Raymond J. Learsy

Maybe we should all send our next gas station tab to the good folks at CME headquarters in Chicago. Surely they protest too much.

Japan's People Come Together to Ration Energy While We Continue to Pump Tankerful of Profits Into Big Oil

Raymond J. Learsy | Posted 10.02.2011 | Green
Raymond J. Learsy

Given the market distortions at hand, it is time to set limits on the use of gasoline throughout the nation by mandating consumption ceilings that would apply to gasoline only, while alternative fuels would be unencumbered

Eureka! Obama Releases From the Strategic Petroleum Reserve and Oil Drops Significantly

Raymond J. Learsy | Posted 08.23.2011 | Business
Raymond J. Learsy

Finally, President Obama has done what he should have done long ago, and what he promised he would do during his campaign. He is releasing 30 million barrels of oil and sending the speculators running for the hills.

President Obama Gets It Wrong On the Price of Oil and the Strategic Petroleum Reserve

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

We need our president to act on behalf of all Americans to counter and bring to heel the massive influence, lobbying power and money of the oiligopoly. The president does not seem to understand what is happening at the gas pump.

America's Anger at the Great Financial Bailout and the Press' Continuing Inability To Understand Why

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

What galls most Americans is the manner in which Wall Street rewarded itself after it was the public that took the risk of bailing them out.

The Billion Dollar Day Extortion: A Somnolent Administration and Dysfunctional Congress' Gift to the American People

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

At $80 a barrel, an excess of one billion dollars a day is being lifted from the pockets of the American consumer through higher gas prices, heating bills, lost jobs because of higher industrial feed stock costs.

Methane Oozing in Alaska, Cows Jumping Over Mars, Dinosaurs in Arabia -- Peak Oil Pranksters Don't Read This!

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Peak Oil Pranksters and their geologist sidekicks have been the purveyors of one of the great con jobs in history: that oil and gas are a biological phenomenon.

President Obama Bests Bush and Cheney in Coddling Oil Markets

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

There is a great deal the president could do to change the psychology of the oil market and put downward pressure on prices. We don't have to accept $4/gallon oil on a permanent basis.

The Voodoo Economist

Larry Abrams | Posted 05.25.2011 | Business
Larry Abrams

In good times, Free Enterprise works well for some people. In bad times it doesn't work well for anyone. Believers in the mystic efficacy of the market call this the business cycle.

With Bush Leaving Town, Pity Poor Hugo and King Abdullah

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

With Bush leaving town, the air is going out of the price of oil.

As the Bush Years Wind Down the New York Times Signals Hard Times Ahead for Russia, Venezuela, Iran

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Against the interests of the nation this administration has permitted, even encouraged the dramatic transfer of wealth to oil interests in dimensions beyond the fondest dreams of Croesus.

Paris Hilton as Eleanor Roosevelt

Raymond J. Learsy | Posted 05.25.2011 | Politics
Raymond J. Learsy

While our administration has done little and Congress not much more to get the oil monkey off our backs, we have Paris Hilton proposing enlisting industry, labor and government to a higher calling.