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Keyword: drillanwarnow

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  • Soaring gas cost may mean worry for Bush, GOP

    04/24/2006 8:03:31 AM PDT · by SmithL · 81 replies · 1,282+ views
    Sacramento Bee ^ | 4/24/6 | James Rosen
    Prices at the pump are third in list of top U.S. worries in poll. WASHINGTON - Unseasonably high gasoline prices are causing a new political headache for the White House and Republican lawmakers already on edge as they head into their re-election campaigns. President Bush's sagging approval ratings over the Iraq war and a host of other problems have led him to begin a White House staff shake-up. New polling data suggest the rising cost of gas could cause more political damage. Three-quarters of Americans said they disapprove of Bush's handling of the gas price surge, according to an ABC...
  • The looming oil crisis will dwarf 1973. Commentary: Forces converge to create worldwide woes

    05/06/2004 9:00:54 AM PDT · by .cnI redruM · 136 replies · 289+ views
    CBS.MarketWatch.com ^ | Last Update: 8:02 PM ET May 5, 2004 | By Paul Erdman
    HEALDSBURG, Calif. (CBS.MW) -- As the price of crude oil keeps rising toward $40 a barrel and beyond, it has become increasingly clear that the world is heading toward a major oil crisis -- in terms of both price and supply -- that will dwarf that of 1973. There can be no doubt that the fall of the House of Saud would be thrust the entire Western world into an energy crisis of unprecedented proportions. For many of us who have been observers of global energy trends for what now amounts to decades, this has become not a matter of...