Tagged: Gasoline Prices

Congress: Lead (not likely) or get out of the way.

All the recent opinion polls say the same thing. The majority of Americans want action on high energy prices and they want action today. Right now. Citing just one poll, the Fox News/Opinion Dynamics poll taken June 17 and 18, 76% of respondents favor more drilling for oil in the United States, 77 percent favor increased offshore drilling, 51 percent favor building more nuclear power plants and for the first time a majority – 53...

Let’s have a picnic in the oil patch!

Click here to listen to the broadcast of You Tell Me on Newstalk 600 KTBB, Friday, June 6, 2008. Please forgive me for again going on about oil prices and the need to change U.S. policy with respect to domestic exploration and production. I know I’ve been on that topic pretty relentlessly of late but I can’t help it. There are two factors dragging heavily on the economy right now. One is credit market turmoil...

Are shareholders smarter than Congressmen? No contest.

Click here to listen to the broadcast of You Tell Me on Newstalk 600 KTBB, Friday, May 30, 2008. There is a key similarity and there is key difference between being a shareholder in a publicly traded company and being a member of Congress. The similarity is that if you own shares in a publicly traded company or if you are a member of Congress, you get to vote at the meetings. The difference is...

How mad would Eddie Chiles be now?

Click here to listen to the broadcast of You Tell Me, Friday, May 16, 2008 on Newstalk 600 KTBB. (A quick closed circuit to Michael Carter. Your comment on last week’s piece is one of the best we have ever received. Thanks for listening and thanks for the response, Mr. Carter. It’s greatly appreciated. Click here to read Mr. Carter’s comment.) Back in the late 1970s, Eddie Chiles, the CEO of the Western Company of...

Playing bad poker with the gas money.

“If, after the first twenty minutes, you don’t know who the sucker at the table is, it’s you. ” ~Author Unknown I have played a little bit of poker in my life. I’m not a great card player but I do understand the fundamentals of the game. The game is not about what cards you draw. The game is about how you play your cards against your opponent. Imagine yourself in a high stakes card...

The more they “do something” the worse it gets.

Click here to listen to the broadcast of You Tell Me on Newstalk 600 KTBB, Friday, May 5, 2008. It’s costing a fortune to fill up my car. I hate it. I’m sure you hate it. I also hate that we remain, 35 years after the Arab oil embargo, more dependent on oil from foreign sources than we were when we first experienced gasoline lines. I appreciate the urge on the part of the government...

Relief for high gas prices lies in high gas prices.

Listen to the broadcast of You Tell Me on Newstalk 600 KTBB, Friday, March 14, 2008. This radio station has a hard time going more than 15 minutes without running a story or saying something about the price of gasoline. That’s not without justification. The price is high, getting higher and one can’t help but notice. But if you’re old enough, I want you to remember the last time that gasoline prices constantly dominated the...