(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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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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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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NEW YORK (MarketWatch) — With oil at record highs grabbing everyone’s attention, investors in energy stocks are already turning to the Atlantic Hurricane season to determine which firms will benefit and which will lose.
Even a slight disruption to production facilities in the Gulf of Mexico could push oil prices to even higher stratospheric levels, unleashing [...]

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07/07/08
Thom rants about conservatives destroying our economy and Osama bin Laden winning the economic war against America.
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