A couple months ago, while Hillary and Bernie were still duking it out in the presidential primaries, I was having coffee with a friend. My friend -- let's call him Jason -- was serving as the head of the local Sanders campaign in my liberal-ish town in rural Virginia. Since I serve on the local city council, my friend wanted me to speak at a rally he was planning in town in … [Read more...]
All praise a half-day of oil!
An announcement Thursday that the US and allies would release 60 million barrels of oil from strategic reserves to make up for supply lags out of war-torn Libya was greeted by Wall Street traders with enthusiasm, almost instantly lowering barrel prices by 5% and driving down prices at the pump by an average of 10 cents a gallon. So does this mean you should gas up the Hummer … [Read more...]