Bloomberg News: “Brazil’s discoveries of what may be two of the world’s three biggest oil finds in the past 30 years could help end the Western Hemisphere’s reliance on Middle East crude, Strategic Forecasting Inc. said. Saudi Arabia’s influence as the biggest oil exporter would wane if the fields are as big as advertised, and […]

Gas Crisis… “House Republican leaders on Tuesday challenged Speaker Nancy Pelosi (D-Calif.) to release a plan to lower gas prices that they say Democrats touted when they were in the minority. ‘Two years ago this week, you stated that House Democrats had a “commonsense plan” to “lower gas prices,“‘ the letter said. ‘In light of […]

Newsweek, Sharon Begley: “We can’t afford to make any more mistakes in how to ‘save the planet.’” She says… “You can stop berating yourself for buying that Spanish clementine or New Zealand lamb. Although lists of ‘what you can do to save the planet’ include eating locally — buying food that is grown nearby — […]

There is a rice crisis all over the world, ladies and gentlemen. Americans are hoarding rice. Sam’s Club, a unit of Wal-Mart, is putting limits on the amount of rice that people can buy. This is happening in San Francisco. It’s happening in Thailand. People in America, Filipinos, are hoarding rice and shipping it to […]

AP Headline: “Executives See Credit and Housing as Big Threats”. But you know what they see as the second biggest threat? They don’t put it this way, but I will: The election of Democrats to the presidency the second biggest threat to the American economy, because they’ll raise taxes. Martin Crutsinger: “Turmoil in credit and […]