Bob McCarty Writes

Humor, Politics, Culture & Capitalism @ BobMcCarty.com

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Oil and Natural Gas Companies’ Earnings Plummet

May 1st, 2009 · No Comments

A glance at the chart below, released today by the American Petroleum Institute, proves the nation’s oil and natural gas companies are not immune to the global recession and have, in fact, experienced a sharp decline in first-quarter net profits versus the same period last year.

Instead of asking for bailouts, however, leaders of the nation’s [...]

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It’s Time to ‘Drill Congress’ — Update

September 5th, 2008 · No Comments

In a post published Aug. 15, I highlighted “news” about a supposedly-bipartisan energy plan hatched by Senate Majority Leader Harry Reid and a “Group of 10″ U.S. senators. Less than 30 days later, my friends at the American Petroleum Institute tell me the group of senators has now grown to include 16 members.  Unfortunately, the [...]

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