Tag Archives: oil prices

High Gas Prices Direct Assault on American Commuter-Consumer Lifestyle

As gasoline prices were escalating seemingly without hope of stalling or coming down, due to all-time record oil prices, and in the context of a severely weakened consumer economy, we found ourselves confronted with a…

Nuclear Power & Offshore Drilling May Help Keep Oil Prices High

With gasoline prices at record highs, and the strain on a weak American economy already at an extreme, Pres. Bush is pushing Congress to hold an "up-or-down vote" on renewed exploration of the Outer Continental…

Pres. Bush Lifts Executive Ban on Offshore Oil Drilling, Challenges Environmentally-minded Congress

US pres. George W. Bush has lifted the executive ban on offshore oil drilling on the Outer Continental Shelf (OCS), and has challenged the US Congress to act to open the OCS to new oil…