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Foreign Oil Dependence of American Consumers and Presidential Candidates January 22, 2008

Posted by Daniel Downs in Africa, Bill Clinton, Central America, domestic oil production, economics, economy, George W. Bush, global trade, Hilary Clinton, John McCain, Middle East, Mitt Romney, news, oil dependence, oil imports, politics, presidential election, Rudy Giuliani, Saudi Arabia, South America.
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All of the criticism about oil profiteers in the Whitehouse engenders skepticism about the ties of current presidential candidates to increasing oil profits and possibly to Saudi Arabia. Consequently, I did some googling to see what I could find. The results are not earthshaking but they are informative, but first a little oil industry background.

Foreign Oil and America’s Dependence

According to the US Department of Energy (DOE), America imports about a third of all energy sources. America imports a little more fossil fuel than other sources of energy. The DOE reports 38% of fossil fuels are imported while 62% are produced domestically. Twenty years ago, America imported about 21% of all its fossil fuels and imports amounted to only a little over 10% forty years ago. (more…)

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Which Presidential Candidate Has the Best Economic Plan? January 17, 2008

Posted by Daniel Downs in Barak Obama, economics, Fred Thompson, global trade, Hilary Clinton, John Edwards, John McCain, Mike Huckabee, Mitt Romney, news, political campaigns, political economy, politics, polls, presidential election, Ron Paul, Rudy Giuliani.
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According to an on-line poll at the Nevada Policy Research Institute, the presidential candidate with the best economic plan is Ron Paul. One reason may be Nevadans prefer to regulate their own gambling-based economy rather than the distant millionaire’s club on Capitol Hill. That just my guess. (more…)

The State of Santa Claus December 24, 2007

Posted by Daniel Downs in children, China, Christmas, family, global trade, Jesus Christ, news, offshoring, polls, religion, Saint Nicholas, Santa Claus, science, secularism, survey, toys, United Nations, United States, Universal Postal Union.
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In a December 19 Newsmax article, Charles R. Smith reported Santa’s was on a return trip from China when his sleigh went down somewhere in the South China Sea. As reported by officials of both the Chinese government and the North Pole, one of several Chinese military escorts was blinded by Rudolph’s bright red nose when he temporarily lost control of his plane and accidentally fired a missile that collided with Santa’s sleigh. (more…)