‘Environmental chic,’ or why we are drilling at 5,000 feet

Graph of the Day

Randall Hoven American Thinker May 30, 2010

“Here’s my question: Why are we drilling in 5,000 feet of water in the first place? Many reasons, but this one goes unmentioned: Environmental chic has driven us out there. As production from the shallower Gulf of Mexico wells declines, we go deep (1,000 […]

Noonan: He Was Supposed to Be Competent

The spill is a disaster for the president and his political philosophy.

Peggy Noonan The Wall Street Journal 5/29/2010

I don’t see how the president’s position and popularity can survive the oil spill. This is his third political disaster in his first 18 months in office. And they were all, as they say, unforced errors, […]

Lloyd’s puts dollar value on BP spill loss

Hilary Whiteman CNN 5/27/2010

London, England (CNN) — As the BP oil spill continues to blacken waters in the Gulf of Mexico and beyond, Lloyd’s of London has issued its first estimate of net claims from the disaster.

The world’s largest insurance market says total claims from explosion of the Deepwater Horizon oil rig could […]

Billy Nungesser is our hero!

At CAJ we’re looking for a new home. Though most of us here are unsuited for the intense summer heat of the place, Louisiana is looking better and better. Why? It seems to be a place populated by sensible, gutsy people like Governor Jindal and Billy Nungesser. To us, they embody the true American Spirit. […]

For a can-do society, no-can-do is not an option for the oil spill

Analysis by Giles Whittell The Times [UK] 25 May 2010

For President Obama the oil spill is like the recession: not his fault, but his responsibility. The longer it drags on, the angrier voters become with him. The quicker it ends, the quicker the White House can move from damage control to claiming at least […]

Congress getting ready to quadruple oil tax

Oil tax increase would help pay to clean up spills

Stephen Ohlemacher Associated Press 5/24/2010 via Breitbart

WASHINGTON (AP) – Responding to the massive BP oil spill, Congress is getting ready to quadruple—to 32 cents a barrel—a tax on oil used to help finance cleanups. The increase would raise nearly $11 billion over the next […]

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