Free Republic

....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 because oil is in fact a renewable resource that is being constantly created deep under the earth's surface and which rises upward, where microscopic organisms that thrive in the intense pressure and heat miles below us interact with and alter it. In other words, we have an unending supply of oil, some of which...

Recent polling and voting data has forced President Obama to pivot his attention back to the rising cost and energy (especially the over rise in gas prices, which are closing in on $4 nationally). In a speech at Prince George’s Community College, the President attempted to dismiss criticism from some that the policies his administration has enacted over the last 3 years are in part responsible for 33% rise in gasoline prices. The President also sought to dismiss Republican Newt Gingrich’s statement that if he wins election in 2012 that he has a plan that would bring down the cost...

FEDERAL WAY, Wash.— Newt Gingrich has been hitting Obama’s energy speech since the president delivered it Thursday, calling the speech funny enough to be on SNL and ”something worthy of Leno or Letterman.” Gingrich’s biggest talking point about Obama’s speech attacks the president for his embrace of investments in biofuels such as those made from algae. He is referring to a point in Obama’s speech when the president said, “We’re making new investments in the development of gasoline, diesel, and jet fuel that’s actually made from a plant-like substance known as algae.” “Believe it or not, we could replace up...

Daniel Fine discusses North Carolina's approach to shale gas and hydraulic fracturing (two minutes)---> http://youtu.be/4Lbn9diK1PA

RALEIGH, N.C. — A high-pressure drilling technique that could unleash jobs and profits but carries pollution risks can be used safely in North Carolina if lawmakers adopt the right precautions, state environmental regulators said in a study released Friday.

It is all too easy to bellyache about the high price of oil and blame greedy big oil companies, with absolutely no proof. Shell oil earns about 2 cents and Exxon/Mobil earns about 5 cents per gallon at the pump. The fact that Exxon pays more in total taxes than it earns in profits makes them anything but greedy. Oil companies do not set prices, market supply and demand does, and anyone who disputes that fact is simply ignorant of how the economy actually works. That is of course when government is not setting the prices for commodities. Many liberals/progressives...

NEW YORK (CNNMoney) -- The national average price for a gallon of gasoline rose for the eighth straight day on Saturday to $3.835. That is now only about 7% below the record high of $4.11 from July 2008. The average price rose by four-tenths of a penny, according to the survey of gas stations conducted for the motorist group AAA. Gas prices are now up more than 17% this year. The nationwide average was $3.52 a gallon a month ago and $3.76 a gallon on March 9 -- the day that prices started rising again after a few days of...

Commentary on President Trojan Horse's energy policy & destruction of America from within.

OKLAHOMA CITY (AP) — A president so unpopular in Oklahoma that he failed to win a single county during the 2008 election will visit the Sooner State next week — including the oil hub Barack Obama spurned by rejecting a transcontinental pipeline earlier this year. Cushing mayor Evert Rossiter says that, despite the president’s decision, he expects Obama will receive the “red carpet” treatment when he visits the oilfield community as part of a four-state tour on Wednesday and Thursday.

Pump prices on his mind, President Barack Obama says Congress should kill tax breaks for the oil and gas industry and help develop alternative sources of energy. Obama said Saturday in his weekly radio and Internet address that he expected Congress to consider in the next few weeks ending $4 billion in tax subsidies, a move he has failed to persuade lawmakers to make during his term.

On one issue, President Barack Obama is depressingly consistent. Just this week, he once again sounded the alarm about the dangers of fossil fuels and the need to pursue alternative sources of energy. He is also determined to purse “green” energy projects, despite some well publicized disasters such as Solyndra. In spite of $535 million in federal government loans, the solar panel manufacturer went bankrupt. The administration was able to stage some nice photo opportunities, but the public’s money was wasted.

A sharp jump in gas prices drove a measure of U.S. consumer costs up in February. But outside higher pump prices, inflation stayed mild. The Labor Department said Friday that the consumer price index rose 0.4 percent in February, the largest increase in 10 months. Gas prices rose 6 percent to account for most of the gain. Food prices were unchanged for the first time in 19 months. And excluding food and energy, so-called "core" prices rose just 0.1 percent. Mild inflation allows the Fed to maintain its low interest-rate policy. "Not much to stew about on the inflation front,"...

In another sign that higher gas prices are squeezing consumers, the government's monthly measure of inflation rose in February at the strongest pace since last April. The consumer price index jumped 0.4% last month from January, mostly because of energy prices, which increased 3.2% over the month, the Bureau of Labor Statistics reported Friday. Compared to a year ago, the February inflation index was up 2.9%, the same annual rate as in January.

WASHINGTON: The Obama administration is threatening to impose sanctions on India over its continued economic ties with Iran amid disagreements between Washington and New Delhi over how much and how soon the latter is reducing oil imports from the (in US eyes) pariah nation. India has "failed" to reduce its purchase of Iranian oil and if it doesn't do so, President Barack Obama may be "forced" to impose sanction, unnamed administration officials were cited as telling Bloomberg wire service. A decision in this regard could come as early as June 28, they added, implicitly offering New Delhi a ten- week...

Should you vote for Barack Obama or the Republican candidate in 2012? Here's a little quiz to help you decide! 1) The latest report from the CBO shows that the one decade cost estimate for Obamacare has almost doubled from 900 billion to 1.76 trillion dollars, it will add 700 billion dollars to the deficit over its first 10 years, 3-5 million people will lose their health care, and 30 million people still won't have health coverage -- and history has shown that CBO projections of this sort almost always turn out to be optimistic. So, do you want the...

MARCH 16, 2012 Seaweed in Your Gas Tank The president’s energy policies prefer fantasy to reality. Charles Krauthammer Yes, of course, presidents have no direct control over gas prices. But the American people know something about this president and his disdain for oil. The “fuel of the past,” he contemptuously calls it. To the American worker who doesn’t commute by government motorcade and is getting fleeced every week at the pump, oil seems very much a fuel of the present — and of the foreseeable future. President Obama incessantly claims energy open-mindedness, insisting that his policy is “all of the...

The almost criminally smarmy "President," following his pointless insult of Rutherford B. Hayes yesterday, had this to say this morning in Chicago: "My message to all the candidates is 'welcome to the Land of Lincoln.' Maybe some Lincoln will rub off on them while they're here." What. A. Jerk.

BEGIN TRANSCRIPT RUSH: Let's review the important things of this week. The first two days of the week we had the polling data from the New York Times and the Washington Post. Polls which were devastating to the regime, devastating to Obama. The New York Times poll has his approval at 41%, an all-time low in that poll. These polls were so bad that pollsters and Democrats and media people are now insulting the respondents by calling them "stupid" and questioning themselves as to whether or not their own polls are broken. But these polls had a devastating impact on...

Hayes, in fact, was such a technology buff that he installed the first telephone in the White House. A list of telephone subscribers published in the article “The Telephones Comes to Washington,” by Richard T. Loomis, shows that the White House was given the number “1.”...

This is a surprise, a major TV station in Los Angeles pushes back against the California Air Resources Board AB32 bill aka California’s Global Warming Solutions Act. I urge readers to drop him a letter of support at the email address included in the transcript below.Click to play the video on KTTV's page Transcript follows. LOS ANGELES – KTTV Vice-President and General Manager Kevin Hale takes a look at how one well-intentioned Climate Change Bill might our economy beyond repair in this P.O.V.When Governor Schwarzenegger signed AB 32 six years ago, it was pre-recession. And that legislation, California’s Global Warming...