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Thoughts on Oil
Thoughts on Oil
All year we have been discussing the potential for significant demand destruction with regards to oil - the weaker economy and higher prices leading to less consumption in the U.S. and elsewhere, the demand impact of the Chinese stockpiling oil before the Olympics (and subsequently reducing ...
Buchanan doesn't plan to step down as U.S. attorney
post-gazette.com — Despite a new administration coming into power, U.S. Attorney Mary Beth Buchanan said she plans to stick... around. "It doesn't serve justice for all the U.S. attorneys to submit their resignations all at one time," she said yesterday. U.S. attorneys ... (more) Buchanan doesn't plan to step down as U.S. attorney
A New Attorney Scandal? Bush-Appointed U.S. Attorney Won’t Vacate Office Under Obama
A New Attorney Scandal? Bush-Appointed U.S. Attorney Won’t Vacate Office Under Obama
thinkprogress.org — Mary Beth Buchanan was appointed by President Bush to serve as U.S. attorney in Pittsburgh in Sept.... 2001. Buchanan has held several significant posts within the Bush/Ashcroft/Gonzales Justice Department, most notably serving as director the Executive ... (more) A New Attorney Scandal? Bush-Appointed U.S. Attorney ...
Obama’s Muslim Speech
Obama’s Muslim Speech
commentarymagazine.com — Barack Obama is toying with the idea of making a speech from an Islamic capital within his... first 100 days in office. The scuttlebutt is all about finding the right one. (The consensus is Cairo–which is a terrible idea. An Obama speech there ... (more) Obama’s Muslim Speech
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Petrothoughts
Whiskey Fire — ... by flory Calculated Risk is contemplating the impact of plummeting oil prices on the US and world economies. What do the massive savings on gas prices mean for US consumer spending? What does it mean for US driving habits -- and by extension, the future of mass transit and SUPERTRAIN? How about the impact on global oil production? And then there's the professional economist's favorite question -- WHAT ABOUT CHINA? Here's my question: What will cheap gas do for the housing bust? Most of the see-through -- and heavily foreclosed -- housing ...

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