An American Navy ship fired on a boat in the Persian Gulf today, killing one person and injuring three others aboard the craft, a U.S. naval official told ABC News. A spokesperson for the Navys 5th Fleet, which is based in nearby Bahrain, said that a security team aboard the oil supply ship U.S.N.S. Rappahannock [...]

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EPA official aplogizes for call to ‘crucify’ oil companies A top EPA official has apologized for comparing his agency’s enforcement strategy to Roman crucifixion — as Republican Sen. James Inhofe launched an investigation and told Fox News the comments are part of a campaign of “threats” and “intimidation.”  Al Armendariz, the EPA administrator in the [...]

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What if Oil and Natural Gas are Renewable Resources? The evidence is mounting that not only do we have more than a century’s worth of recoverable oil in the United States alone (even if there is a limit to the earth’s oil supply), but that we also actually have a limitless supply of Texas tea [...]

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Poll: Most say Obama tanking on gas Almost two-thirds of Americans, 65 percent, said they disapprove of the way President Barack Obama is dealing with rising prices at the pump, a new Washington Post/ABC News poll finds. Only 26 percent – the president’s lowest rating in the poll — said they approve of his handling [...]

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Just in time for Presidents Day: get ready for the long holiday weekend’s highest prices ever in Southern California as $4 gasoline is expected to arrive in Los Angeles, Long Beach, and probably Orange County, too. That’s what energy analysts are predicting as the average price of a gallon of gasoline in the Los Angeles-Long [...]

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Facts are stubborn things…. Share on Facebook

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American drivers are angry at having to pay $4 a gallon for gas, and understandably so.  Their anger is often directed at the oil companies that supply the gas.  It should be directed at Barack Obama instead. via Articles: Obama’s Plan for $10 Gas. Share on Facebook

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Now that’s funny! Share on Facebook

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In a move that has everyone from oil analysts to traders to petroleum producers scratching their heads, the Obama Administration announced on Thursday morning that the U.S. along with over two dozen other nations will release 60 million barrels of oil from emergency oil stock piles. Half of the total release, or 30 million barrels, [...]

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CATARINA, Tex. — Until last year, the 17-mile stretch of road between this forsaken South Texas village and the county seat of Carrizo Springs was a patchwork of derelict gasoline stations and rusting warehouses. Now the region is in the hottest new oil play in the country, with giant oil terminals and sprawling RV parks [...]

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