You read it here first! Not only will oil be under $20 a barrel, the momentum in the war on terror, if we haven’t won by then, will have shifted heavily in favor of the “Good Guys” primarily because Muslim extremists will be starved for funds and no longer able to prosecute the war...
Monthly Archives: June 2008
Plug-in Vehicles – The Competition Begins
Not to be outdone by General Motors’ (NYSE: GM) announcement in early June that they will begin production of their new plug-in car, the 150 mpg Chevy Volt with an anticipated production run of 10,000 vehicles for the 2010 model year, Toyota (NYSE: TM) and Honda (NYSE: HMC) have jumped into the race with...
How Much is Too Much for a Gallon of Gas?
On May 13th, 2008, the Democratic controlled Senate defeated a bill that would finally open up ANWR to exploration thereby assuring an increase in domestic production of oil. Instead the Senate voted to suspend deposits in the Strategic Reserve. That was their idea of solving the energy crisis. That kind of logic is tantamount...
Change is in the air
The first signs are emerging that Americans are finally ready to do something about their addiction to oil coupled with their staunch refusal to allow expansion of production. Believe it or not, America reached its peak oil production in 1970/71 at about 3.5 billion bbl’s per year. Aside from a minor rebound in the...