This summer, when oil prices were at all-time highs at more than $140 a barrel, Sen. Barack Obama bitterly complained about big oil, oil speculators, and windfall profits and demanded new taxes on energy. Obama denied the economic principles of supply ...
As they do every year, Congress is once again holding showy hearings to bemoan gasoline prices and oil company profits. We are treated to the spectacle of Congress ordering oil company executives to come to Capitol Hill so that politicians can make ...
A malfunctioning spy satellite -- the size of a bus, weighing between 5,000 and 10,000 pounds, and carrying 1,000 pounds of highly toxic rocket propellent -- was falling back to earth. Because the malfunction occurred shortly after launch, the ...
With the price of a barrel of oil reaching record highs, one would think that Congress would be working on a bipartisan energy bill that would allow the United States to produce more of its own oil. Instead, Nancy Pelosi and the Democratic leadership ...
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