Securing America’s Energy Future report out at House

New House of Representatives energy policy report out, see details at NEI, excerpt below of key findings — please note the finding that current prices are demand driven and note the wake-up call regarding catastrophic supply shock, emphasis mine:

  • the current period of high, volatile oil prices is demand-driven, “and not caused by supply restrictions instituted by producers or political upheaval”
    • given today’s tight global markets with little excess capacity, the United States is vulnerable to “catastrophic supply shock” in view of current geopolitics
    • the United States must pursue production and conservation; these are not “either or” options Continue reading “Securing America’s Energy Future report out at House”

Great news from Iraq

Gateway pundit has an excellent piece about 200 tribal leaders signing an anti-terror pact, please take a stop by there this morning. Here’s a quote from the article:

A foundation speaker said that the conference will be attended by heads of Tribes from all of Iraq, Arab Kurd and Turkmen tribes. The speaker added that the conference will also discus political, security, and social issues in the country. We hope to come up with ideas and plans to cooperate in stopping terrorist activities affecting the citizens. He pointed out that the honor compact to fight terrorism and denounce sectarian violence would be the main results of this conference

An update on Acton Gordon who got fired for publshing those cartoons here.