Early Signs Of A Pullback In Drilling Activity

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream. For example, ExxonMobil and Chevron have been insulated in the third quarter because of their large holdings in refining. Steep declines in oil prices may hurt their production sectors, but with lower priced oil as an input, big oil's refining assets become more profitable.

Truth and Consequences of the 2014 Elections

Buckle up. We’re in for a hell of a ride.

Will Supremes Uphold ObamaCare's Stupid "Typo" Fraud?

MIT Professor and chief ObamaCare architect, Jonathan Gruber, has been captured on video tape, twice, bragging that he purposely deceived "stupid Americans", the Congressional Budget Office (CBO) and all Democrats, in order to enact Barack Obama's "legacy" healthcare legislation.

OK, time for Senate to push through Keystone XL approval, says . . . Mary Landrieu?

Democrat Mary Landrieu is in huge trouble coming up on her December 6 Senate runoff against Republican Bill Cassidy in Louisiana. Although she won a plurality in the November "jungle primary" by a single percentage point over Cassidy, the total number of Republican votes far outpaced Landrieu's total and she's trailing Cassidy in the polls by 5 points.

Conservatives Need to Get Real About Carbon Tax’s Alleged “Double Dividend”

In recent years, a handful of vocal conservatives have been arguing that a carbon “tax swap deal”—where new revenues from a carbon tax are used dollar-for-dollar to reduce existing taxes—could provide a win-win, both mitigating climate change and even boosting conventional economic growth. I wrote an entire study for IER debunking this case, but in the present post I want to quote from a recent survey journal article to show just how dubious the alleged “double dividend” from a carbon tax truly is.

Election system

Antarctic Sea-Ice is Not Disappearing but Increasing

The Christian Science Monitor (CSM) reports that “In recent years, environmental scientists have warily watched as the ice sheet on the coast of West Antarctica has begun melting at unprecedented rates. In May, NASA glaciologists declared that the catastrophic melt of the ice sheet to be ‘unstoppable.”

This Solar Firm Wants $539 Million From the Government. It Just Might Get It, Even After Solyndra

If you’re a taxpayer, here’s a story that should really make your blood boil.

Second Grade Student Asks that Federal Court Protect His Religious Speech this Christmas Season

WEST COVINA, Calif., -- Advocates for Faith & Freedom has filed a request for a preliminary injunction in the U.S. District Court for the Central District of California on Wednesday, November 12th 2014. The injunction, if granted, will prohibit the West Covina Unified School District from stopping seven-year-old Isaiah Martinez from passing out candy canes to his classmates with the candy cane legend attached during the Christmas season.

Collapsing America

I’m sure no one is terribly surprised at the recent revelations that the much-hyped “Affordable” “Care” Act was passed on the basis of lies and deceit. Or as its architect, economist Jonathan Gruber gleefully told a group of health economists, ignorance afforded a political advantage and the bill was passed because of “the stupidity of the American voter.”

ISPs: Obama's 'Onerous and Possibly Conflicting' Internet Regs 'Will Be Especially Ruinous'

USS America still adrift even though Republicans outnumber Democrats

Just like a Barbary pirate, Barack Hussein Obama will continue plundering all that is good in America even with the Republicans now outnumbering the Democrats in most American ports of call.

Of Muslim firecrackers, murderers, and odious songs

The Jewish faith has bestowed many wondrous divine blessings upon the world. Among them is, of course, the Sabbath day.

UN Celebrates Palestinian Fashions While Palestinians Celebrate Murder of Jews

The United Nations hosted a fashion show on November 10th celebrating the UN’s international year of solidarity with the Palestinian people. The event was held on the same day that Palestinians, incited by their leaders, murdered two Israelis in cold blood.

Obama on Hezbollah connection with Brazilian Criminal Gangs

VIDEO: Trey Gowdy destroys ObamaCare architect who thinks you're stupid

I thought you'd enjoy the passion with which Trey Gowdy delivers this takedown, and you always seem to respond well to Megyn Kelly for some reason. But do you catch only takeaway that really matters here?

Young elephant survives attack by 14 Lions

Code Pink Protests at Concert Honoring Veterans, But Can't Explain Why

Video: Israel on edge as 'vehicular terrorism' hits country

Video: First images of ESA spacecraft approaching comet