April 17, 2012 RUSH: I want to go the audio sound bites. Obama in the Rose Garden today, campaign appearance. Another attack here on Big Oil and the speculators. Here we go. OBAMA: As I’ve said repeatedly, the problem is we use more than 20% of the world’s oil and...
Oil Industry
From theind.com Written by: Leslie Turk Thursday, 31 March 2011 Federal regulators Wednesday signed off on a deepwater drilling permit for a new Gulf of Mexico well described in an exploration plan approved last week for Shell Offshore Inc. Shell complied with new safety standards implemented in the wake of...
One year ago, the average price at the pump for a gallon of gas was $2.80. Today, that figure has climbed above $3.50, with no relief in sight. With family budgets tight and disposable income scarce, an extra 70 cents per gallon can be a significant financial burden. As a...