Free Republic

Energy Policy: Killing the Keystone XL pipeline may help one of the world's richest men get richer. North Dakota's booming oil fields will now grow more dependent on a railroad the president's economic guru just bought. Stop us if you see a pattern here. About the time George Soros — Hungarian billionaire and key donor to leftist groups and the Democratic Party — invested heavily in the stock of the state-run Brazilian oil company Petrobras, President Obama was curbing U.S. offshore oil production and the U.S. Export-Import Bank announced a $2 billion loan to Petrobras to finance deep-water drilling off...

Gasoline is at over $4 a gallon in late summer of an election year. Once upon a time, incumbent congressmen and senators would have reacted to this about as well as Dracula to sunlight and crucifixes. And they would have rushed to get prices lower by the first Tuesday in November, so as to best protect their precious re-elections. But not this year. Democrats have stopped all attempts to increase domestic drilling with the ruthless efficiency of The Terminator. On its face, this would seem to be an insane and suicidal move. Even with a biased mainstream media giving them...

WASHINGTON – Fearing environmental damage to the state's coastline, California's top leaders made it clear Monday that they want nothing to do with President Bush's plan to lift the moratorium on offshore drilling. Bush said his approach would reduce pressure on record gasoline prices, and he urged Congress to follow his lead. "Failure to act is unacceptable," Bush said. But as soon as the president made the announcement in a Rose Garden ceremony, California's Democratic leaders accused Bush of cozying up to oil interests. They said his plan would do nothing to lower gasoline prices. "Once again, the oilman in...