(http://www.star-telegram.com/business/story/820062.html)
Aug. 09, 2008
WASHINGTON — Oil prices fell Friday by almost $5 a barrel to $115.20 and are down more than 20 percent from their early July record high of more than $147, a trend that’s triggering a sudden boom in stock prices and giving the U.S. economy its best news in months.
Energy analysts cautiously believe [...]

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Joe Raedle
American Airlines planes sit on the tarmac at the Miami International Airport on July 16 in Miami. The airline is facing record losses due to the escalating cost of fuel. Getty Images © 2008

Morning Edition, August 8, 2008 · 2008 is already shaping up to be the worst year in the history of [...]

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Can he break the corporate power ‘lock’ on politicians?
McCain was for diminishing lobbyists influence. Has Bush
already corrupted him?
NY Times, JAD MOUAWAD, May 14, 2008
Some consumer advocates say they are deeply suspicious about the behavior of refiners who are sharply cutting production at a time of record gasoline prices.
“They are not sitting in a boardroom and [...]

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By David Morris, AlterNet
Posted on August 2, 2008, Printed on August 3, 2008
http://www.alternet.org/story/93609/
Al Gore’s heroic speech challenging us to make our electrical system 100 percent renewable promised it would simultaneously address three major crises: the weak economy, catastrophic climate change and the dire national security problems inherent in our dependence on imported oil.
He [...]

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ENERGY
The world has never looked better for the Big Five oil companies. This morning, Exxon Mobil, the world’s largest corporation, announced its “second-quarter profit rose 14 percent, to $11.68 billion, the highest-ever profit by an American company. Exxon broke its own record.” Joining Exxon Mobil as the only oil companies to “earn more than $10 billion in [...]

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