Sunday, June 17, 2007

AP: Big Oil Puts Refinery Expansions On Hold

This is a surprise? They're gouging us pretty good right now- no need to spend CEO pay increases on stupid things like more refineries.

Even more ominous though is this ethanol craze.

There is no increase- but a decrease in gas mileage using ethanol in your vehicle today.
Unless engine technologies improve- this is not the answer to our oil dependancy given the resources it takes to grow corn.

Don't count on Oil King Dubya to do anything either.

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Tornado Strikes Monroe LA With Confirmed Injuries

The tornado struck around noon on Easter Sunday. There is considerable damage repo rted in that northeastern Louisiana city of around 5000...