Commodities 
Why is crude oil (and gasoline) so expensive?(4)
I have been getting emails from readers essentially asking me to do a post on oil - why is it so expensive, and what, if anything should be the GOP’s party platform on energy. While energy economics is not my specialty - I do understand commodities markets, and I believe I probably understand better than [...]
Obama to America - I won’t drill…
Sen. Barrack Obama, in addition to wanting to tax the living daylights out of you, has also decided, it is good you pay more for gasoline. Responding to the recent 180 by the President and Sen. McCain on oil exploration, Senator Obama said this:
Offshore drilling would not lower gas prices today. It would not lower [...]
Politico: A fumble on the Farm Bill
Washington, D.C. (politico.com): The House moved quickly to override President Bush’s veto of the Farm Bill Wednesday - so quickly that lawmakers may have to do it again.
One hundred Republicans joined 216 Democrats on the 316-108 vote, which came just hours after the White House had returned the $307 billion, five-year measure.
The action reflected growing [...]
Metal Prices going higher on Oil and Dollar Fears
Washington, D.C. (rightcommentary.com): Gold continues its climb above $900 per ounce, fueled by record oil prices and a weak U.S. dollar. Gold is currently trading around $927 per ounce, up approximately $5.
According to an article in today’s MarketWatch, analyst Peter Grandich told his subscribers, “Oil is obviously leading gold and if the historical gold vs. [...]
